$2,825,000
$3,100,000
8.9%For more information regarding the value of a property, please contact us for a free consultation.
7,004 Sqft Lot
SOLD DATE : 11/12/2024
Key Details
Sold Price $2,825,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID P1-18929
Sold Date 11/12/24
HOA Y/N No
Year Built 2024
Lot Size 7,004 Sqft
Property Description
Luxury, new construction, investment opportunity. Located in a desirable neighborhood, this property offers a total of 5 spacious units, thoughtfully designed to provide modern comfort and style. Four expansive units, each featuring four bedrooms and four bathrooms. One large Accessory Dwelling Unit (ADU) featuring four bedrooms and two bathrooms, with one ADA-compliant bath for added accessibility. Gourmet kitchens with sleek quartz countertops, perfect for both everyday cooking and entertaining.Energy-efficient windows and recessed lighting throughout. Private laundry rooms in each unit, Eco-friendly living with a fully paid-off solar system, promoting sustainability and reducing energy expenses. Ample parking options, including two garages at the rear building with tandem parking for four vehicles, plus additional parking on both sides of the building, accommodating up to four more vehicles. Balconies for each main unit. Modern touches throughout the building, creating a contemporary and stylish living experience. Tenants are responsible for 100% of their utilities, streamlining management and enhancing investment returns. No rent control, offering flexibility and potential for significant rental income. Don't miss out on this exceptional investment property, blending luxury, convenience, and modern amenities.
Location
State CA
County Los Angeles
Area 122 - Harbor Gateway
Interior
Heating Central
Cooling Central Air
Fireplaces Type None
Fireplace No
Appliance Gas Cooktop, Gas Range
Laundry Laundry Closet
Exterior
Garage Driveway, Garage
Garage Spaces 4.0
Garage Description 4.0
Fence Wrought Iron
Pool None
Community Features Street Lights
View Y/N No
View None
Parking Type Driveway, Garage
Total Parking Spaces 8
Private Pool No
Building
Lot Description Sprinklers None
Story Three Or More
Entry Level Three Or More
Level or Stories Three Or More
New Construction Yes
Others
Senior Community No
Tax ID 7351013013
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Cash
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 Cecilia Lee • Re/Max Premier Realty
michelle@michellehomesellingteam.com
515 S Myrtle Ave, Monrovia, CA, 91016, USA