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Key Details
Sold Price $1,288,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID TR24012389
Sold Date 02/27/24
Bedrooms 7
HOA Y/N No
Lot Size 0.336 Acres
Property Description
Great investment!!! Explore the potential of this unique 2-unit property located in a nice and quiet neighbourhood of South El Monte. The spacious 14,656 sqft lot allows for potential expansion, including the consideration of an ADU, junior ADU or redevelopment option. Ideal for both seasoned and first-time investors seeking for solid returns, offering either investment potential or the opportunity to live in one and rent the other. The property consists of two separate homes, and each has its own private front and back-yard. The front house boasts 2 bedrooms, 1 bathroom and good sized kitchen with approx.753 sqft with a detached garage. The two-story back house features 5 bedrooms and 4 baths with approx. 2,214 sqft of living space. A sizable living room with high ceiling and fireplace, open space kitchen, first floor bedroom and bathrooms, attached garage with direct access to the unit. Upstairs offers a huge ensuite master bedroom and two other good size bedrooms including one that is also on-suite. Conveniently situated walking distance to Whittier Narrows Disc Golf, the recreation area and the Nature Center Associates, minutes to South El Monte High School, nearby shops and restaurants. It's also close proximity to Downtown L.A. with easy access to freeways. This property is a promising investment with room for growth. Don't miss out on this great opportunity!
Great investment!!! Explore the potential of this unique 2-unit property located in a nice and quiet neighbourhood of South El Monte. The spacious 14,656 sqft lot allows for potential expansion, including the consideration of an ADU, junior ADU or redevelopment option. Ideal for both seasoned and first-time investors seeking for solid returns, offering either investment potential or the opportunity to live in one and rent the other. The property consists of two separate homes, and each has its own private front and back-yard. The front house boasts 2 bedrooms, 1 bathroom and good sized kitchen with approx.753 sqft with a detached garage. The two-story back house features 5 bedrooms and 4 baths with approx. 2,214 sqft of living space. A sizable living room with high ceiling and fireplace, open space kitchen, first floor bedroom and bathrooms, attached garage with direct access to the unit. Upstairs offers a huge ensuite master bedroom and two other good size bedrooms including one that is also on-suite. Conveniently situated walking distance to Whittier Narrows Disc Golf, the recreation area and the Nature Center Associates, minutes to South El Monte High School, nearby shops and restaurants. It's also close proximity to Downtown L.A. with easy access to freeways. This property is a promising investment with room for growth. Don't miss out on this great opportunity!
Location
State CA
County Los Angeles
Area South El Monte (91733)
Zoning Public Rec
Interior
Cooling Central Forced Air, Wall/Window
Building
Lot Description Sidewalks
Sewer Sewer Connected
Others
Monthly Total Fees $74
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Financing Cash
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Bought with TING CHU • IRN REALTY