$1,115,000
$1,150,000
3.0%For more information regarding the value of a property, please contact us for a free consultation.
7,039 Sqft Lot
SOLD DATE : 10/01/2024
Key Details
Sold Price $1,115,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR24160180
Sold Date 10/01/24
HOA Y/N No
Year Built 1960
Lot Size 7,039 Sqft
Property Description
Tastefully renovated home with permitted ADU. Main house 5 bedrooms 3 baths 1,930SF can be easily split into 2-3 units with individual entries;
Plus newly permitted ADU 360 SF above the 2-car detached garage, easily make it 4-unit rental property. Remodeled kitchens & baths with Quartz counter top and quality cabinets; Laminate flooring throughout the house; open floor plan, bright and airy; double pane windows, central A/C; patio cover and cozy backyard. Laundry in garage; Solar panel help reducing energy cost. With short term rentals, the property currently generates over $10,000/month in revenue!!!! CASH COW! CAP RATE up to 9.15%!!! Great investment property; or live in one, rent the rests for additional income. 2-car garage + 5 parking spaces in front yard; Quiet neighborhood, walking distance to elementary school; easy freeway access. HUGE return on your money!!! Last property at the end of a long driveway.
Location
State CA
County Los Angeles
Area 619 - El Monte
Zoning EMR1BY
Interior
Interior Features Cathedral Ceiling(s), All Bedrooms Down
Heating Central, Natural Gas
Cooling Central Air
Flooring Laminate, Tile
Fireplaces Type None
Fireplace No
Appliance Free-Standing Range
Laundry In Garage
Exterior
Parking Features Garage Faces Front, Garage, Gated
Garage Spaces 2.0
Garage Description 2.0
Fence Vinyl, Wrought Iron
Pool None
Community Features Street Lights, Suburban
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Shingle
Total Parking Spaces 7
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 2
Entry Level One,Two
Sewer Public Sewer
Water Public
Architectural Style Ranch
Level or Stories One, Two
New Construction No
Others
Senior Community No
Tax ID 8545003008
Energy Description 900.0
Acceptable Financing Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash to New Loan, Conventional, 1031 Exchange
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Richard Bowen • MITCHELL REALTY CO.