$1,215,000
$1,398,000
13.1%For more information regarding the value of a property, please contact us for a free consultation.
9,417 Sqft Lot
SOLD DATE : 09/21/2023
Key Details
Sold Price $1,215,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID WS23077612
Sold Date 09/21/23
HOA Y/N No
Year Built 1963
Lot Size 9,417 Sqft
Property Description
Great Investment Opportunity in prime Monterey Park location! This property features detached Front House and two identical units: A and B on a large, extended 9,416 SQFT lot. The Front house roughly 1,088 SQFT consists of 3 bedrooms and 2 bathrooms with separate downstairs laundry and bonus storage space, possibility to make additional studio unit. Also, Neat front yard and back covered patio ideal for outdoor relaxation and entertaining. Both Units A and B roughly 1,064 SQFT each have spacious, oversized floorpans that offer 2 bedrooms, 1 bath with separate in-unit washer/dryer hookups room, ample cabinetry and closets throughout for additional storage. Additional highlights include, engineered wood flooring, updated cabinetry, granite countertops in functional kitchen, and separate dining area! The possibilities are endless: each unit has one carport parking space with extra yard space and long driveway. There are two bonus storage rooms for additional storage or rental income!
Whether you're an investor looking for a great income-producing property or a homeowner looking to live in one unit and rent out the others, this triplex is an excellent opportunity to cater to all lifestyles and preferences. Value-add opportunity to convert carport to additional unit for more rental income, check with city for all permits and lot potential. Don't miss your chance to own this gem in Monterey Park.
Location
State CA
County Los Angeles
Area 641 - Monterey Park
Zoning MPR2YY
Interior
Interior Features Ceiling Fan(s), Granite Counters, Storage
Cooling Whole House Fan, Wall/Window Unit(s)
Flooring Carpet, Laminate
Fireplaces Type None
Fireplace No
Laundry Washer Hookup, Gas Dryer Hookup, Inside, Laundry Room
Exterior
Garage Carport, Detached Carport, Driveway Down Slope From Street, Driveway
Carport Spaces 3
Pool None
Community Features Suburban
Roof Type Shingle
Parking Type Carport, Detached Carport, Driveway Down Slope From Street, Driveway
Total Parking Spaces 5
Private Pool No
Building
Lot Description Sloped Down
Story 2
Entry Level Multi/Split
Sewer Public Sewer
Water Public
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5257020016
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with WEN LUO • KINGSTON REALTY
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