$1,550,000
$1,399,900
10.7%For more information regarding the value of a property, please contact us for a free consultation.
9 Beds
8 Baths
10,731 Sqft Lot
SOLD DATE : 01/31/2022
Key Details
Sold Price $1,550,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DW22008275
Sold Date 01/31/22
Bedrooms 9
HOA Y/N No
Lot Size 10,731 Sqft
Property Description
Welcome to my new listing in the lush suburban enclave of Monterey Park, CA. This income-producing property is situated minutes from Downtown L.A. Home to the crypto.com Arena, The Dodgers Stadium, world-class eaters, and nightlife. The neighborhood has a weekly farmers' market conveniently held across the street, at the George Elder Memorial Park and The Monterey Park Golf Club is 3 miles away. Enjoy a plethora of dining options and retail with close proximity to public transportation and educational institutions like USC, Cal Tech, Cal State LA, and Le Cordon Blue of the Culinary Arts. The property consists of : 3 bedroom and 2 baths approximately 1269 Sq.Ft. 2 bedroom and 2 baths approximately 1233 Sq.Ft. 2 bedroom and 2 baths approximately 1233 Sq.Ft. 2 bedroom and 2 baths approximately 960 Sq.Ft. All units have a private patio, onsite parking, and an onsite laundry facility. Reap the benefits of 51% rent upside and the strong rental fundamentals of the local market. One unit is ready for immediate occupancy.
Welcome to my new listing in the lush suburban enclave of Monterey Park, CA. This income-producing property is situated minutes from Downtown L.A. Home to the crypto.com Arena, The Dodgers Stadium, world-class eaters, and nightlife. The neighborhood has a weekly farmers' market conveniently held across the street, at the George Elder Memorial Park and The Monterey Park Golf Club is 3 miles away. Enjoy a plethora of dining options and retail with close proximity to public transportation and educational institutions like USC, Cal Tech, Cal State LA, and Le Cordon Blue of the Culinary Arts. The property consists of : 3 bedroom and 2 baths approximately 1269 Sq.Ft. 2 bedroom and 2 baths approximately 1233 Sq.Ft. 2 bedroom and 2 baths approximately 1233 Sq.Ft. 2 bedroom and 2 baths approximately 960 Sq.Ft. All units have a private patio, onsite parking, and an onsite laundry facility. Reap the benefits of 51% rent upside and the strong rental fundamentals of the local market. One unit is ready for immediate occupancy.
Location
State CA
County Los Angeles
Area Monterey Park (91755)
Zoning Public Rec
Interior
Cooling Central Forced Air
Exterior
Garage Unit1:Assigned
Building
Lot Size Range 7500-10889 SF
Level or Stories Split Level
Others
Acceptable Financing Cal Vet, Cash, Conventional, FHA, VA
Space Rent $1,200
Listing Terms Cal Vet, Cash, Conventional, FHA, VA
Financing Cash
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Bought with Rudy Zuniga • West Shores Realty, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "