$3,650,000
$3,880,000
5.9%For more information regarding the value of a property, please contact us for a free consultation.
0.55 Acres Lot
SOLD DATE : 02/14/2024
Key Details
Sold Price $3,650,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR23195212
Sold Date 02/14/24
HOA Y/N No
Year Built 1987
Lot Size 0.554 Acres
Property Description
This is a rare opportunity to own this 9-unit townhouse-style condominium complex and is hitting the market for the first time since 1987. It's located in a highly convenient area near the Garvey Ave corridor and Santa Anita Ave, offering easy access to the 10 freeway. The property sits on a generous 24,144 square foot lot, providing ample parking and the potential for expansion with ADU units. Each unit is equipped with attractive amenities, including attached 2-car garages, private fenced yard spaces, washer and dryer hookups, central air conditioning, and spacious living areas with 3 bedrooms and 2 bathrooms, encompassing approximately 1,100 square feet. There is a significant value-add potential, making this an enticing prospect for real estate investors. The property is currently fully occupied, making it a lucrative investment opportunity.
Location
State CA
County Los Angeles
Area 619 - El Monte
Zoning EMR3*
Interior
Interior Features All Bedrooms Up
Heating Central
Cooling Central Air
Fireplaces Type None
Fireplace No
Appliance Gas Oven, Gas Range
Laundry Electric Dryer Hookup, In Garage
Exterior
Garage Spaces 18.0
Garage Description 18.0
Pool None
Community Features Curbs, Gated
Total Parking Spaces 32
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 2
Entry Level Two
Sewer Sewer Assessment(s)
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 8581010011
Security Features Gated Community
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with WEN LUO • KINGSTON REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "