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$930,000
Est. payment /mo
4,835 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
MLS Listing ID WS26206113
HOA Y/N No
Year Built 1939
Lot Size 4,835 Sqft
Property Sub-Type Single Family Residence
Property Description
Excellent investment opportunity in Monterey Park featuring three rental units. The property is fully occupied with good rental income. The front house offers 2 bedrooms and 1 bathroom 1 kitchen with approximately 900 SF; the back unit offers 1 studio and 1 bathroom with approximately 282 SF; and the garage has been converted into a 2-bedroom, 1-bathroom, 1 kitchen, approximately 500 SF. The garage conversion is unpermitted.
Current rents provide immediate rental income, with potential for increased rents based on estimated market rents. Conveniently located near restaurants, supermarkets, medical centers, schools, and the 10 Freeway. A great opportunity for investors seeking a multi-unit property with existing rental income and future rental upside.
Current rents provide immediate rental income, with potential for increased rents based on estimated market rents. Conveniently located near restaurants, supermarkets, medical centers, schools, and the 10 Freeway. A great opportunity for investors seeking a multi-unit property with existing rental income and future rental upside.
Location
State CA
County Los Angeles
Area 641 - Monterey Park
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Sidewalks
Total Parking Spaces 2
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5256016047
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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Listed by LIWEI CHEN Pinnacle Real Estate Group 626-298-2301, DRE #01929143
Nearby Locations
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Lucio Real Estate Group
Broker Associate License ID: 01893011
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