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$ 499,000
Est. payment | /mo
3,367 Sqft Lot
$ 499,000
Est. payment | /mo
3,367 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26125217
HOA Y/N No
Year Built 1924
Lot Size 3,367 Sqft
Property Sub-Type Duplex
Property Description
Trust Sale – Court Confirmation Not Required. Exceptional opportunity for investors or developers seeking a value-add property with significant upside potential. This 2-on-a-lot property features two separate homes, each with its own private yard and storage shed with laundry hookups.
One unit is currently occupied by a long-term tenant, providing immediate rental income. Renovation work was begun on the second unit but was not completed, and the property is currently uninhabitable, creating an excellent opportunity for a buyer to finish the project and maximize value.
The lot offers potential for expansion, enhancement, or redevelopment (buyer to verify). Property is being sold As Is, with no repairs or credits. Due to the condition of the second unit, cash offers are required. A rare chance to acquire an income-producing property with substantial improvement potential in a desirable investment market.
One unit is currently occupied by a long-term tenant, providing immediate rental income. Renovation work was begun on the second unit but was not completed, and the property is currently uninhabitable, creating an excellent opportunity for a buyer to finish the project and maximize value.
The lot offers potential for expansion, enhancement, or redevelopment (buyer to verify). Property is being sold As Is, with no repairs or credits. Due to the condition of the second unit, cash offers are required. A rare chance to acquire an income-producing property with substantial improvement potential in a desirable investment market.
Location
State CA
County Los Angeles
Area 619 - El Monte
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Laundry Laundry Room, See Remarks
Exterior
Parking Features None
Pool None
Community Features Suburban
View Y/N Yes
View Neighborhood
Private Pool No
Building
Lot Description Front Yard
Story 1
Sewer Unknown
Water Public
New Construction No
Others
Senior Community No
Tax ID 8568030042
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Trust
Listed by Susan Bernstein Rodeo Realty 818 613-2468, DRE #01068367
Nearby Locations
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Kristine Marquez
Agent | License ID: 02151470