$3,710,000
$3,900,000
4.9%For more information regarding the value of a property, please contact us for a free consultation.
0.38 Acres Lot
SOLD DATE : 08/08/2018
Key Details
Sold Price $3,710,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Other - Othr
MLS Listing ID P0-818002687
Sold Date 08/08/18
HOA Y/N No
Year Built 1962
Lot Size 0.380 Acres
Acres 0.38
Property Description
12 units apartment in the prime location of Monterey Park with awarded Brightwood Schools. All units have updates kitchens, new counter tops and cabinets, and new floors. Some units have updates bathrooms. 8 units are two-level condo styles with 2 large bedrooms and 1.5 baths. 4 units are 2 bedrooms plus a den and 2 baths. Some units built with balcony. Some units have patio area. Gated parking and coin-operated laundry room on site with extra income. Each unit has storage cabinets at the parking area. Walking distance to East LA College, Metro station, shopping plaza, banks, markets and restaurants. Easy access to FWY 60 and 710. Few minutes to downtown LA, USC and California State Los Angeles University. High desirable rental area. No rent control. Current rent below market value, great potential!!!
Location
State CA
County Los Angeles
Area 641 - Monterey Park
Zoning MPR3*
Interior
Heating Wall Furnace
Flooring Laminate
Fireplace No
Appliance Range Hood, Water Heater
Exterior
Garage Attached Carport, Side By Side
Carport Spaces 18
Community Features Gated
View Y/N Yes
View Mountain(s)
Parking Type Attached Carport, Side By Side
Total Parking Spaces 18
Building
Lot Description Level
Story 2
Entry Level Two
Level or Stories Two
Others
Tax ID 5252028044
Security Features Gated Community,Key Card Entry
Acceptable Financing Cash, Cash to New Loan, Conventional, Submit
Listing Terms Cash, Cash to New Loan, Conventional, Submit
Financing Conventional
Special Listing Condition Standard
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Bought with Monica Hsu • Deasy Penner Podley
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "