$777,000
$777,000
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12 Beds
9,035 Sqft Lot
SOLD DATE : 12/21/2021
Key Details
Sold Price $777,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC21252960
Sold Date 12/21/21
Bedrooms 12
HOA Y/N No
Lot Size 9,035 Sqft
Property Description
Developers Dream!! Amazing Investment Opportunity with fully permitted plans to make this property a 4-unit money maker!! After construction the projected income is over $12,000 per month. Current plans will allow for over 4600 s.f. of living space. There is currently a remodeled 2-bedroom 1 bath house on the property and plans are provided to build a 2017 s.f. 4-bedroom (with optional 5th bedroom) house, another 1200 s.f. 3-bedroom unit and a third unit with 2 bedrooms at 746 s.f. Located in a great area of Paramount on a beautiful tree lined street, take advantage now and make this property something special.
Developers Dream!! Amazing Investment Opportunity with fully permitted plans to make this property a 4-unit money maker!! After construction the projected income is over $12,000 per month. Current plans will allow for over 4600 s.f. of living space. There is currently a remodeled 2-bedroom 1 bath house on the property and plans are provided to build a 2017 s.f. 4-bedroom (with optional 5th bedroom) house, another 1200 s.f. 3-bedroom unit and a third unit with 2 bedrooms at 746 s.f. Located in a great area of Paramount on a beautiful tree lined street, take advantage now and make this property something special.
Location
State CA
County Los Angeles
Area Paramount (90723)
Zoning See Remark
Building
Lot Description Sidewalks
Lot Size Range 7500-10889 SF
Level or Stories 1 Story
Others
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Bought with CHRIS BAUMANN • Excellence RE Real Estate