$1,234,340
$1,100,000
12.2%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
3 Baths
2,344 SqFt
SOLD DATE : 05/30/2024
Key Details
Sold Price $1,234,340
Property Type Townhouse
Sub Type Townhome
Listing Status Sold
Purchase Type For Sale
Square Footage 2,344 sqft
Price per Sqft $526
MLS Listing ID WS24041640
Sold Date 05/30/24
Style Townhome
Bedrooms 5
Full Baths 3
HOA Y/N No
Year Built 1968
Lot Size 7,653 Sqft
Acres 0.1757
Property Description
Looking for a multi-family property in sought-after Monterey Park? This is the one! It's a GOOD DEAL for investors! The property includes a 3bed/2bath main house, along with a 2bed/1bath apartment above the garage. Rent out both units to get more income, or test out the short-term rental market. The 1544 sq ft main house is a single-level rancher with a big front porch and double entry doors. The layout is great, it only needs minor cosmetic upgrades to attract tenants in 2024. Just steps away from the kitchen, you'll find a covered back patio that spans the entire length of the house. You have plenty of room for alfresco dining & entertaining, and theres a fenced-in yard for Fido, too. The isolated primary bedroom includes access to the patio as well. BONUS: This property sits at the edge of a hill, so no back neighbors! The garage layout is unique, as it allows the owner to access 3 bays, while the tenant has a separate driveway & 1-car garage at the back. The 800-sq ft garage apartment has a private back entrance and a covered patio with tree-top views. The interior was updated in 2020, with new floors and appliances. The corner windows bring in lots of natural light, and the kitchen has tons of cabinet & counter space. The large bedrooms share the updated hallway bathroom, complete with a custom-tiled tub surround. This house lives up to its street name, as the backyard overlooks the campus of East Los Angeles College. Since the school is across the street, you will always have tenants lined up to live this close to campus. There are lots of shopping & dining options al
Looking for a multi-family property in sought-after Monterey Park? This is the one! It's a GOOD DEAL for investors! The property includes a 3bed/2bath main house, along with a 2bed/1bath apartment above the garage. Rent out both units to get more income, or test out the short-term rental market. The 1544 sq ft main house is a single-level rancher with a big front porch and double entry doors. The layout is great, it only needs minor cosmetic upgrades to attract tenants in 2024. Just steps away from the kitchen, you'll find a covered back patio that spans the entire length of the house. You have plenty of room for alfresco dining & entertaining, and theres a fenced-in yard for Fido, too. The isolated primary bedroom includes access to the patio as well. BONUS: This property sits at the edge of a hill, so no back neighbors! The garage layout is unique, as it allows the owner to access 3 bays, while the tenant has a separate driveway & 1-car garage at the back. The 800-sq ft garage apartment has a private back entrance and a covered patio with tree-top views. The interior was updated in 2020, with new floors and appliances. The corner windows bring in lots of natural light, and the kitchen has tons of cabinet & counter space. The large bedrooms share the updated hallway bathroom, complete with a custom-tiled tub surround. This house lives up to its street name, as the backyard overlooks the campus of East Los Angeles College. Since the school is across the street, you will always have tenants lined up to live this close to campus. There are lots of shopping & dining options along Atlantic Ave., which is within a 15-min walk or 3-min drive. Hop on the 60 Fwy or the 710 in no time at all! Two blocks away from Brightwood elementary school. Now is the time to invest in fast-growing Monterey Park! Or you could live in one & rent out the other for extra income.
Location
State CA
County Los Angeles
Area Monterey Park (91754)
Zoning MPR3*
Interior
Cooling Wall/Window
Laundry Inside
Exterior
Garage Spaces 4.0
Total Parking Spaces 4
Building
Story 2
Lot Size Range 7500-10889 SF
Sewer Public Sewer
Water Public
Level or Stories 1 Story
Others
Monthly Total Fees $57
Acceptable Financing Cash, Conventional, Exchange, Cash To New Loan
Listing Terms Cash, Conventional, Exchange, Cash To New Loan
Special Listing Condition Standard
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Bought with OLIVIA HEMARATANATORN • ESTATES ROYALE
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "