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Key Details
Sold Price $915,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID TR24057591
Sold Date 05/17/24
Bedrooms 3
HOA Y/N No
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
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 El Monte (91731)
Zoning Assessor
Building
Lot Description Curbs
Story 1
Lot Size Range 7500-10889 SF
Others
Monthly Total Fees $123
Acceptable Financing Cash, Exchange
Listing Terms Cash, Exchange
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Kobe Zimmerman
Berkshire Hathaway Home Services California Properties
kobezimmerman@bhhscalifornia.com +1(858) 753-3353Our team is ready to help you sell your home for the highest possible price ASAP
Bought with SUNNY LEE • CAPITAL FINANCIAL & INV.,INC.