Monterey Park, CA 91754,531 N Ynez Avenue

$1,598,000

$1,598,000

Est.Price: ?

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Est. payment /mo

8 Beds

3 Baths

9,894 Sqft Lot


SOLD DATE : 11/15/2024

Key Details

Sold Price $1,598,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID WS24192828

Sold Date 11/15/24

Bedrooms 8

HOA Y/N No

Lot Size 9,894 Sqft

Property Description

Investment opportunity in a prime location in Monterey Park with the potential to add ADU! This property features three units spread across two separate buildings. The front building includes:First Unit: 3 bedrooms, 1 bathroom, and 1 detached car garage. Second Unit: 3 bedrooms, 1 bathroom, and 1 detached car garage. Third Unit: 2 bedrooms, 1 bathroom, plus a bonus room, and 1 detached car garage. All units have central A/C and heating, and separate electrical and gas meters. All units are on a month-to-month lease. The property is conveniently close to restaurants, banks, supermarkets, schools, and parks, with easy access to the 10 and 710 freeways. "DRIVE BY ONLY. DO NOT DISTURB TENANTS". "DRIVE BY ONLY, DO NOT DISTURB TENANTS".
Investment opportunity in a prime location in Monterey Park with the potential to add ADU! This property features three units spread across two separate buildings. The front building includes:First Unit: 3 bedrooms, 1 bathroom, and 1 detached car garage. Second Unit: 3 bedrooms, 1 bathroom, and 1 detached car garage. Third Unit: 2 bedrooms, 1 bathroom, plus a bonus room, and 1 detached car garage. All units have central A/C and heating, and separate electrical and gas meters. All units are on a month-to-month lease. The property is conveniently close to restaurants, banks, supermarkets, schools, and parks, with easy access to the 10 and 710 freeways. "DRIVE BY ONLY. DO NOT DISTURB TENANTS". "DRIVE BY ONLY, DO NOT DISTURB TENANTS".

Location

State CA

County Los Angeles

Area Monterey Park (91754)

Zoning Assessor

Interior

Cooling Central Forced Air

Building

Lot Description Curbs

Story 2

Lot Size Range 7500-10889 SF

Level or Stories 1 Story

Others

Acceptable Financing Cash

Space Rent $2,200

Listing Terms Cash

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San Diego Regional MLS (SDMLS)
Listed by COLDWELL BANKER DYNASTY/ARC
Bought with IRN REALTY
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