$1,225,000
$1,250,000
2.0%For more information regarding the value of a property, please contact us for a free consultation.
10,454 Sqft Lot
SOLD DATE : 06/11/2020
Key Details
Sold Price $1,225,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID WS20059930
Sold Date 06/11/20
HOA Y/N No
Year Built 1941
Lot Size 10,454 Sqft
Acres 0.24
Property Description
BACK ON MARKET! BUYER COULD NOT PERFORM Located in Prime Location Monterey Park, Convenient Access to 10 Freeway, and Local Shops. This is a Quadruplex with Under Market Rents and Huge Upside Potential! There are 3 buildings, single front unit 2 bed/1 bath, single story middle unit 4 bed/2 bath and 2 story back unit comprised of 2 - 1 bed / 1 bath. All units have Window AC and Laundry Hookup. Tenants have be long term 7+ years. This is a rare opportunity for an Investor seeking a steady flow of rental income. Close to Atlantic Times Square, and Monterey Park Downtown. Convenient to Schools, Supermarket, 99-Ranch, Hong Kong Market, LA Fitness, Restaurants, Banks and Transportation. Property to be "SOLD AS-IS". DRIVE BY ONLY. OFFER SUBJECT TO INTERNAL INSPECTION.
Location
State CA
County Los Angeles
Area 641 - Monterey Park
Zoning MPR3*
Rooms
Ensuite Laundry In Garage, In Kitchen
Interior
Laundry Location In Garage,In Kitchen
Fireplace No
Laundry In Garage, In Kitchen
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Biking, Curbs, Storm Drain(s), Street Lights, Sidewalks
Utilities Available Electricity Connected, Natural Gas Available, Natural Gas Connected, Water Connected
Total Parking Spaces 4
Private Pool No
Building
Lot Description Front Yard
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5256010031
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Conventional
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Patrick Law • Re/Max Elite Realty
GET MORE INFORMATION
CEO | DRE# SA695240000 | DRE# 02100184