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3939 Velma AVE El Monte, CA 91731
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Key Details
Sold Price $975,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV23224320
Sold Date 03/05/24
Construction Status Repairs Cosmetic
HOA Y/N No
Year Built 1947
Lot Size 10,197 Sqft
Property Description
HONEY STOP THE CAR! THIS IS IT!!
Incredible investment opportunity awaits! This sprawling Triplex, nestled in the highly coveted El Monte area bordering Temple City, offers an expansive 10,000+ SF lot just waiting for your vision to transform it into an unparalleled gem. Picture this: a spacious front house boasting 2 bedrooms and one and 1baths, accompanied by a charming one-bedroom, one-bath unit at the rear. But that's not all—the third unit stands independently, offering endless possibilities for customization. Two long driveways, perfectly situated on the right side and the left side. One driveway leads to a rear garage, ensuring ample off-street parking for convenience. The real magic lies in the potential this property holds; with some strategic improvements, you'll skyrocket its value instantly. Imagine the immense value waiting to be unlocked! The vast backyard is a canvas awaiting your touch—be it for RV storage, additional parking space, or even the creation of an ADU, the opportunities are boundless. Don't miss out on this chance to seize a diamond in the rough, and remember to verify with the city for your dream improvement projects. Act now and make this exceptional property yours before it's gone!"
Location
State CA
County Los Angeles
Area 619 - El Monte
Zoning EMR2YY
Interior
Fireplace No
Laundry Inside
Exterior
Garage Asphalt, Driveway, Garage, Gated, RV Potential
Garage Spaces 2.0
Garage Description 2.0
Fence Block
Pool None
Community Features Suburban
Total Parking Spaces 2
Private Pool No
Building
Lot Description Back Yard, Front Yard, Level, Rectangular Lot
Story 1
Foundation Raised
Sewer Public Sewer
Water Public
New Construction No
Construction Status Repairs Cosmetic
Others
Senior Community No
Tax ID 8577020002
Acceptable Financing Conventional, 1031 Exchange, Submit
Listing Terms Conventional, 1031 Exchange, Submit
Financing Conventional
Special Listing Condition Standard
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Bought with JING FAN • Pinnacle Real Estate Group