$930,000
$1,100,000
15.5%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
3 Baths
1,993 SqFt
SOLD DATE : 01/10/2024
Key Details
Sold Price $930,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,993 sqft
Price per Sqft $466
MLS Listing ID OC23214411
Sold Date 01/10/24
Style Detached
Bedrooms 4
Full Baths 2
Half Baths 1
HOA Y/N No
Year Built 1953
Lot Size 0.252 Acres
Acres 0.2516
Property Description
Explore an unparalleled investment opportunity in Monterey Park a developer's dream with R2 zoning. This 1993 sq ft single-family home on a vast 10,959 sq ft lot offers immense potential for expansion and increased value. Situated in a prime location with excellent schools, restaurants, and shopping nearby, this property is a canvas for transformation. The 3-car garage adds convenience and an incomplete upstairs flat with a separate entrance presents versatile living options. Buyers should verify land use, permits, and property conditions. Despite the need for repairs, this 4-bed, 2.5-bath home with a separate laundry room is a solid foundation for customization. A unique feature is its participation in a Power Purchase Agreement with IGS Solar, resulting in significantly reduced energy costs and a commitment to green living. Don't miss the chance to shape the future of this Monterey Park gem and capitalize on a rare investment opportunity!
Explore an unparalleled investment opportunity in Monterey Park a developer's dream with R2 zoning. This 1993 sq ft single-family home on a vast 10,959 sq ft lot offers immense potential for expansion and increased value. Situated in a prime location with excellent schools, restaurants, and shopping nearby, this property is a canvas for transformation. The 3-car garage adds convenience and an incomplete upstairs flat with a separate entrance presents versatile living options. Buyers should verify land use, permits, and property conditions. Despite the need for repairs, this 4-bed, 2.5-bath home with a separate laundry room is a solid foundation for customization. A unique feature is its participation in a Power Purchase Agreement with IGS Solar, resulting in significantly reduced energy costs and a commitment to green living. Don't miss the chance to shape the future of this Monterey Park gem and capitalize on a rare investment opportunity!
Location
State CA
County Los Angeles
Area Monterey Park (91755)
Interior
Fireplaces Type FP in Living Room
Equipment Solar Panels
Appliance Solar Panels
Exterior
Exterior Feature Stucco
Garage Garage
Garage Spaces 3.0
Total Parking Spaces 3
Building
Lot Description Curbs
Story 2
Sewer Public Sewer
Water Public
Level or Stories 2 Story
Others
Monthly Total Fees $51
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Probate Sbjct to Overbid
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Bought with Jennifer Purzycki • CENTURY 21 Affiliated