$1,349,000
$1,248,000
8.1%For more information regarding the value of a property, please contact us for a free consultation.
669 W Riggin ST Monterey Park, CA 91754
8,402 Sqft Lot
Key Details
Sold Price $1,349,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR22089789
Sold Date 06/08/22
HOA Y/N No
Year Built 1948
Lot Size 8,402 Sqft
Property Description
Incredible 3-unit property perfect for investors who are looking for outstanding rental income! Corner lot with alley access for your convenience and possible future development of ADU. The single level unit is 2230 Gerhart Ave., which has 1 bedroom, 1 bathroom, a bright living room, a dining area and laundry closet. The downstairs unit is 669 Riggin St. which features 2 bedrooms and 1 bathroom. It also has a large and bright living room, dining room and individual laundry room. The Upstairs unit is 2232 Gerhart Ave. which has 2 bedrooms and 1 bathroom. All units have been well-maintained and share a spacious backyard that is accessed through the private entry in the rear. Each unit has 1 assigned parking space and storage area in its own 1 car garage. Great backyard and covered patio area for your gatherings and parties. This property's location is ideally located near ELAC and other schools, supermarkets, shopping plazas, parks, gyms, restaurants, and Ralph store is right across street, while providing easy access to the I-60 and 710 freeways for an easy commute.
Location
State CA
County Los Angeles
Area 641 - Monterey Park
Zoning MPR2*
Interior
Heating Forced Air
Cooling None
Fireplaces Type None
Fireplace No
Laundry Inside
Exterior
Garage Spaces 3.0
Garage Description 3.0
Fence Vinyl
Pool None
Community Features Curbs
Utilities Available Electricity Connected, Natural Gas Connected, Water Connected
Total Parking Spaces 3
Private Pool No
Building
Lot Description Front Yard
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5266006019
Acceptable Financing Cash to Existing Loan, 1031 Exchange
Listing Terms Cash to Existing Loan, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with VIVIAN CHEN • GOLD COAST CAPITAL INVESTMENT