$950,000
$999,999
5.0%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
6 Baths
3,704 SqFt
SOLD DATE : 03/03/2023
Key Details
Sold Price $950,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,704 sqft
Price per Sqft $256
MLS Listing ID 22226985
Sold Date 03/03/23
Bedrooms 8
HOA Y/N No
Year Built 1940
Lot Size 9,591 Sqft
Property Description
TRIPLEX with space for a ADU and Jr. ADU! HERE IS AN AWESOME opportunity for OWNER USER! Live in the front 2 bed/1 bath 824 sqft (approx) detached home (VACANT) and collect rent from the two units. Probate Sale - NO COURT APPROVAL required. Great Long Term Stable Tenants - ALL current on their rent. All units have 2 car parking. Tenants pays ALL Utilities. Unit Mix: (1) one detached single family 2 beds/1 bath home with w/d hookups (wood floors throughout); (2) two top floor split level 3 beds/1.5 bath (1,408 sqft /each) units with large kitchen, living area and nice size bedrooms. It is zoned to have an ADU and Jr. ADU - turn it into a Five-plex - using the bottom floor area originally permitted as a 120 sqft laundry (has its own utilities and is about 1440 sqft - not included in Sales Price or square footage - vacant). Buyer to purchase with two of the current tenants. Buyer to perform own diligence, confirm square footage, permits, rent control, zoning and etc. **Interior pictures have been virtually staged/renovated (does NOT include any interior pictures of the front detached house). ****Projected Rents are based on Market Survey performed by Appraiser. Appraised for $1 million - in its current condition.
Location
State CA
County Los Angeles
Area Rm - Lynwood
Zoning LYR3YY
Rooms
Other Rooms Shed(s)
Interior
Heating Wall Furnace
Fireplace No
Exterior
Garage Carport, Uncovered
Carport Spaces 6
Parking Type Carport, Uncovered
Total Parking Spaces 8
Building
Story 3
Additional Building Shed(s)
New Construction No
Others
Senior Community No
Tax ID 6186018022
Special Listing Condition Probate Listing
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Michelle Esquivel
michelle@michellehomesellingteam.comOur team is ready to help you sell your home for the highest possible price ASAP
Bought with David Morales • Popular Real Estate
michelle@michellehomesellingteam.com
515 S Myrtle Ave, Monrovia, CA, 91016, USA