$930,000
$1,100,000
15.5%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
3 Baths
1,993 SqFt
SOLD DATE : 01/10/2024
Key Details
Sold Price $930,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,993 sqft
Price per Sqft $466
MLS Listing ID OC23214411
Sold Date 01/10/24
Bedrooms 4
Full Baths 2
Half Baths 1
HOA Y/N No
Year Built 1953
Lot Size 0.252 Acres
Property Description
Explore an unparalleled investment opportunity in Monterey Park – a developer's dream with R2 zoning. This 1993 sq ft single-family home on a vast 10,959 sq ft lot offers immense potential for expansion and increased value. Situated in a prime location with excellent schools, restaurants, and shopping nearby, this property is a canvas for transformation. The 3-car garage adds convenience and an incomplete upstairs flat with a separate entrance presents versatile living options. Buyers should verify land use, permits, and property conditions. Despite the need for repairs, this 4-bed, 2.5-bath home with a separate laundry room is a solid foundation for customization. A unique feature is its participation in a Power Purchase Agreement with IGS Solar, resulting in significantly reduced energy costs and a commitment to green living. Don't miss the chance to shape the future of this Monterey Park gem and capitalize on a rare investment opportunity!
Location
State CA
County Los Angeles
Area 641 - Monterey Park
Rooms
Main Level Bedrooms 3
Interior
Interior Features Bedroom on Main Level, Main Level Primary
Cooling None
Fireplaces Type Living Room
Fireplace Yes
Laundry Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Garage Driveway Up Slope From Street, Garage
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Curbs, Street Lights
View Y/N No
View None
Parking Type Driveway Up Slope From Street, Garage
Attached Garage Yes
Total Parking Spaces 3
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Schools
School District Alhambra
Others
Senior Community No
Tax ID 5259002060
Acceptable Financing Cash
Green/Energy Cert Solar
Listing Terms Cash
Financing Cash
Special Listing Condition Probate Listing
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Bought with Jennifer Purzycki • CENTURY 21 Affiliated
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "