$915,000
$895,000
2.2%For more information regarding the value of a property, please contact us for a free consultation.
8,045 Sqft Lot
SOLD DATE : 05/17/2024
Key Details
Sold Price $915,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID TR24057591
Sold Date 05/17/24
HOA Y/N No
Year Built 1961
Lot Size 8,045 Sqft
Property Description
All units are vacant already , No tenants live inside now.
Investor's Dream in El Monte! Built in 1961, this triplex with each unit comprising 1 bedroom and 1 bathroom,and each unit is very easy to convert into 2 bedroom and 1 bathroom, the first unit is a totally one story signle family house with large front yard, the back home is 2 stories , each floor has one bedroom and one bacthroom and [one kitchen, easy to do it 2 bedroom, the back home has separate entry. yach offers a remarkable opportunity for those with vision. While it may require some TLC, the property sits on a spacious 8,045 sqft lot adorned with thriving landscaping including citrus trees and a massive avocado tree, adding charm and potential to the space. With a total of 1,970 sqft spread across all three units, there's plenty of room for creative renovation. This is your chance to tap into El Monte's growing real estate market and transform this property into a lucrative investment or unique living spaces. The ARV(After remodelling value) , the conservative estimate after renovation is approximately 1.25 million in market value
Location
State CA
County Los Angeles
Area 619 - El Monte
Zoning EMR3*
Interior
Fireplace No
Laundry Inside
Exterior
Pool None
Community Features Curbs
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 8578013014
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, 1031 Exchange
Financing Private
Special Listing Condition Standard
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Bought with SUNNY LEE • CAPITAL FINANCIAL & INV.,INC.
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