$1,900,000
$1,199,000
58.5%For more information regarding the value of a property, please contact us for a free consultation.
0.46 Acres Lot
SOLD DATE : 09/25/2023
Key Details
Sold Price $1,900,000
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SW23146472
Sold Date 09/25/23
HOA Y/N No
Year Built 1959
Lot Size 0.455 Acres
Property Description
Discover a wealth of opportunity and endless potential with this 5-unit El Monte property! The parcel includes two duplexes and a single-family home, with each unit boasting a spacious 2-bed 1-bath layout. There is plenty of available parking, including a 2-car garage for each of the duplexes. Nestled on a sprawling 250x80 foot lot, envision the possibilities of adding ADUs to maximize your investment. Enjoy robust rental income that matches the property's value. Its ideal location on a tranquil cul-de-sac lends a serene ambiance without compromising proximity to the city's vibrant amenities. Modern updates could elevate its appeal, making it a prime candidate for present or future redevelopment. And for those seeking expansion opportunities, the adjacent lot is also available awaiting your vision!
Location
State CA
County Los Angeles
Area 619 - El Monte
Zoning EMR3*
Interior
Fireplace No
Laundry Inside
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Curbs
Total Parking Spaces 4
Private Pool No
Building
Lot Description Flag Lot
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 8581035003
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with Kevin Lee • Coldwell Banker Alliance