$1,000,000
$949,999
5.3%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
2 Baths
2,322 SqFt
SOLD DATE : 10/29/2024
Key Details
Sold Price $1,000,000
Property Type Condo
Sub Type All Other Attached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,322 sqft
Price per Sqft $430
MLS Listing ID IV24195929
Sold Date 10/29/24
Bedrooms 5
Full Baths 2
Year Built 1966
Property Sub-Type All Other Attached
Property Description
Rare Opportunity! Unique Dual-Unit Property on the Market for the First Time in Over 50 Years!!! Discover a truly rare gem! This unique and exclusive property, making its first appearance on the market in over five decades, offers incredible potential and versatility. Situated on a huge lot, this one-of-a-kind residence offers two units in one, perfect for multi-generational living or as an amazing income-generating investment property to add to your portfolio. With two separate addresses (404 W Madison and 404 1/2 W Madison) for mail and utility billing, you can easily rent out one or both units, offering incredible flexibility for homeowners or investors. The front dwelling offers a single story, two bed/two bathroom while the rear of the home offers 2 bedrooms with a bonus room and one and a half baths. The home can be used as a single family residence, a next-gen home offering additional family members privacy and independent living, or as a multi-unit generating multiple rental income streams. The backyard offers privacy and parking for multiple vehicles or recreation! Unwind in your own personal jacuzzi with a private cabana, adding a touch of luxury to this unique home. Truly must be seen in person to be fully appreciated! The property is ideally located close to shopping, dining, and downtown, combining convenience with the rare chance to own a truly uniquely special home. This is a rare opportunity to own a property with endless potentialdon't miss out!
Location
State CA
County Los Angeles
Zoning MNR2*
Direction Main Cross Streets Are MADISON/MONTEBELLO AVE
Interior
Heating Forced Air Unit
Cooling Central Forced Air, Gas
Fireplaces Type Den
Fireplace No
Appliance Gas Oven, Gas Stove, Gas Range
Exterior
Garage Spaces 2.0
View Y/N Yes
Water Access Desc Public
View Neighborhood
Total Parking Spaces 2
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories 2
Others
Special Listing Condition Standard
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Bought with Sandra Bahena THE ASSOCIATES REALTY GROUP








