$1,215,000
$1,398,000
13.1%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
4 Baths
9,416 Sqft Lot
SOLD DATE : 09/21/2023
Key Details
Sold Price $1,215,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID WS23077612
Sold Date 09/21/23
Bedrooms 7
HOA Y/N No
Lot Size 9,416 Sqft
Property Description
Great Investment Opportunity in prime Monterey Park location! This property features detached Front House and two identical units: A and B on a large, extended 9,416 SQFT lot. The Front house roughly 1,088 SQFT consists of 3 bedrooms and 2 bathrooms with separate downstairs laundry and bonus storage space, possibility to make additional studio unit. Also, Neat front yard and back covered patio ideal for outdoor relaxation and entertaining. Both Units A and B roughly 1,064 SQFT each have spacious, oversized floorpans that offer 2 bedrooms, 1 bath with separate in-unit washer/dryer hookups room, ample cabinetry and closets throughout for additional storage. Additional highlights include, engineered wood flooring, updated cabinetry, granite countertops in functional kitchen, and separate dining area! The possibilities are endless: each unit has one carport parking space with extra yard space and long driveway. There are two bonus storage rooms for additional storage or rental income! Whether you're an investor looking for a great income-producing property or a homeowner looking to live in one unit and rent out the others, this triplex is an excellent opportunity to cater to all lifestyles and preferences. Value-add opportunity to convert carport to additional unit for more rental income, check with city for all permits and lot potential. Don't miss your chance to own this gem in Monterey Park.
Great Investment Opportunity in prime Monterey Park location! This property features detached Front House and two identical units: A and B on a large, extended 9,416 SQFT lot. The Front house roughly 1,088 SQFT consists of 3 bedrooms and 2 bathrooms with separate downstairs laundry and bonus storage space, possibility to make additional studio unit. Also, Neat front yard and back covered patio ideal for outdoor relaxation and entertaining. Both Units A and B roughly 1,064 SQFT each have spacious, oversized floorpans that offer 2 bedrooms, 1 bath with separate in-unit washer/dryer hookups room, ample cabinetry and closets throughout for additional storage. Additional highlights include, engineered wood flooring, updated cabinetry, granite countertops in functional kitchen, and separate dining area! The possibilities are endless: each unit has one carport parking space with extra yard space and long driveway. There are two bonus storage rooms for additional storage or rental income! Whether you're an investor looking for a great income-producing property or a homeowner looking to live in one unit and rent out the others, this triplex is an excellent opportunity to cater to all lifestyles and preferences. Value-add opportunity to convert carport to additional unit for more rental income, check with city for all permits and lot potential. Don't miss your chance to own this gem in Monterey Park.
Location
State CA
County Los Angeles
Area Monterey Park (91755)
Zoning Assessor
Interior
Cooling Attic Fan, Wall/Window
Building
Story 2
Lot Size Range 7500-10889 SF
Level or Stories Split Level
Others
Acceptable Financing Cash
Space Rent $2,100
Listing Terms Cash
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Bought with WEN LUO • KINGSTON REALTY