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Key Details
Sold Price $1,331,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,844 sqft
Price per Sqft $346
MLS Listing ID 20-618048
Sold Date 10/30/20
Bedrooms 6
Year Built 1927
Lot Size 0.259 Acres
Acres 0.2591
Property Sub-Type Multi-Family
Property Description
The excellent mix includes both a two-bedroom house and a four-bedroom house, which combine to total 3,844 rentable square feet. The lot spans 11,287 square feet, providing plenty of yard and parking space for the tenants. A new investor may be able to capitalize on residential financing options that are unavailable on properties with more than four units. Both houses received new roofs within the past five years. While the front home was built in 1927, the rear house was constructed in 1988 and has been significantly upgraded recently. Improved features include new stainless steel appliances, new flooring, new quartz countertops, new kitchen cabinets, and remodeled bathrooms. An outdoor sprinkler system was also recently installed, including new WiFi sprinkler controls. Monterey Park was recently designated among the Best Places to Live within the entire United States, earning third place in the nationwide review.
Location
State CA
County Los Angeles
Area Monterey Park
Zoning MPR2YY
Rooms
Other Rooms None
Interior
Heating Central
Cooling Air Conditioning
Equipment Microwave, Gas Dryer Hookup, Washer, Refrigerator, Other
Exterior
Parking Features Carport, Assigned
Garage Spaces 4.0
Building
Story 2
Others
Special Listing Condition Standard
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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with HUNTINGTON REALTY GROUP CO.
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Ivan Perez
Broker Associate | License ID: 01952891
Broker Associate License ID: 01952891