$569,000
$625,000
9.0%For more information regarding the value of a property, please contact us for a free consultation.
6,333 Sqft Lot
SOLD DATE : 05/30/2024
Key Details
Sold Price $569,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV24059846
Sold Date 05/30/24
HOA Y/N No
Year Built 1952
Lot Size 6,333 Sqft
Property Description
Welcome to this charming investment opportunity nestled in a desirable residential area! This property features two well-appointed 2-bedroom/1-bathroom units, each offering comfortable single-story living spaces. The single-story construction adds to the appeal, providing convenience and accessibility for tenants.
Residents appreciate the convenience of individual garages, providing secure parking for their vehicles, along with two open-space parking spots per unit for additional parking options. With separately metered gas and electricity, management and billing are streamlined, offering convenience for both landlord and tenants. Each unit also offers washer/dryer hookups adding another amenity for the tenants.
Situated on a spacious 6,000+ square foot lot, this property offers ample outdoor space for relaxation and recreation. Whether it's enjoying a morning coffee on the patio or hosting a barbecue with friends, tenants can make the most of the outdoor amenities.
For investors seeking versatility, the buyer has the option to purchase this duplex individually for $625,000 or choose to buy both this duplex and the adjacent duplex at a discounted rate. Choosing both units offers a significant 12% discount, with a total purchase price of $1,100,000, providing investors with the opportunity to maximize their investment and increase potential rental income.
Whether you're a seasoned investor or exploring your first investment property, this duplex offers tremendous potential and exceptional value.
Location
State CA
County Los Angeles
Area 687 - Pomona
Zoning POR3YY
Interior
Fireplace No
Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Curbs, Gutter(s), Sidewalks
Total Parking Spaces 6
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 8357004020
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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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 Kristopher German • RE/MAX 2000 REALTY
michelle@michellehomesellingteam.com
515 S Myrtle Ave, Monrovia, CA, 91016, USA