$810,000
$575,000
40.9%For more information regarding the value of a property, please contact us for a free consultation.
500 N NEW AVE Monterey Park, CA 91755
6 Beds
4 Baths
2,639 SqFt
Key Details
Sold Price $810,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,639 sqft
Price per Sqft $306
MLS Listing ID 16121880
Sold Date 05/27/16
Bedrooms 6
HOA Y/N No
Year Built 1942
Lot Size 10,227 Sqft
Property Description
Attention: All investors and developers!!! A rare opportunity has come available. This property has not been on the market for 40 years! There is a triplex located in the back with 3-One Bedroom One bathroom units and a 3 Bedroom One bath house in the front. Renovations are needed to achieve market rents. Developers, the property is situated on a 10,229 R3 zoned lot. The property is listed for a quick sale. The subject is just a quarter mile south of the 10 San Bernardino Freeway exit New Avenue. Great visibility and access for potential tenants. Buyer to verify unit mix. This will not last! DRIVE BY ONLY! DO NOT DISTURB TENANTS!!! BUYERS WHO DO NOT COMPLY WILL BE DISQUALIFIED FROM SALE!!!
Location
State CA
County Los Angeles
Area 641 - Monterey Park
Zoning MPR3YY
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Garage Detached Carport
View Y/N No
Attached Garage No
Total Parking Spaces 7
Building
Story 1
New Construction No
Others
Senior Community No
Tax ID 5286011015
Special Listing Condition Standard
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Bought with Michael R. Fukushima • Keller Williams Downtown LA