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Key Details
Sold Price $1,288,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID TR24012389
Sold Date 02/27/24
Construction Status Termite Clearance
HOA Y/N No
Year Built 1955
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!
Location
State CA
County Los Angeles
Area 657 - So. El Monte
Zoning SER1*
Interior
Interior Features All Bedrooms Up, All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Primary Suite
Heating Central, Wall Furnace
Cooling Central Air, Wall/Window Unit(s)
Flooring Tile, Vinyl
Fireplaces Type Living Room
Fireplace Yes
Appliance Gas Oven, Gas Range, Gas Water Heater, Water Heater
Laundry In Garage
Exterior
Garage Direct Access, Driveway, Garage, Garage Faces Side
Garage Spaces 4.0
Garage Description 4.0
Fence Block, Chain Link
Pool None
Community Features Park, Street Lights, Sidewalks
View Y/N Yes
View Park/Greenbelt
Total Parking Spaces 4
Private Pool No
Building
Lot Description 2-5 Units/Acre, Back Yard, Flag Lot, Front Yard
Foundation Raised, Slab
Sewer Sewer Tap Paid
Water Public
New Construction No
Construction Status Termite Clearance
Others
Senior Community No
Tax ID 8119007075
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange
Financing Cash
Special Listing Condition Standard
Lease Land No
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Bought with TING CHU • IRN REALTY