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531 N Ynez AVE Monterey Park, CA 91754
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Key Details
Sold Price $1,500,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DW24094439
Sold Date 06/13/24
HOA Y/N No
Year Built 1921
Lot Size 9,892 Sqft
Property Description
Excellent Opportunity! Great Location! Excellent Investment Property "TRIPLEX" for Investors or First Time Buyers, in a highly desirable area of Monterey Park. Property consist of Three units, The front build, 1st unit first floor is a 3 bedroom 1 bathroom 1 Detached Car garage, 2nd unit 3 bedrooms, 1 bathroom, 1 Detached Car garage and 3rd unit 2 bedroom 1 bathroom, plus additional bonus room and 1 Detached Car garage. All units have Central A/C & Heating, 2 assigned parking space for all units. All units have their own Electric panel & Gas Meter. Currently all units are into month-to-month lease. Conveniently located in between Atlantic Blvd and Garfield Ave. Close to restaurants, banks, cafes, supermarkets, schools, public library and parks. Easy access to the 10 & 710 freeways, about 9 miles to downtown Los Angeles. Don't miss out on the incredible opportunity to own this great Investment property in Monterey Park!.
"DRIVE BY ONLY. DO NOT DISTURB TENANTS". "DRIVE BY ONLY, DO NOT DISTURB TENANTS".
Location
State CA
County Los Angeles
Area 641 - Monterey Park
Zoning MPR3*
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry Inside
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Street Lights, Sidewalks
Total Parking Spaces 5
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level One,Two
Sewer Public Sewer
Water Public
Level or Stories One, Two
New Construction No
Others
Senior Community No
Tax ID 5256010038
Acceptable Financing Cash, Cash to New Loan, Conventional, FHA, Fannie Mae, Freddie Mac, VA Loan
Listing Terms Cash, Cash to New Loan, Conventional, FHA, Fannie Mae, Freddie Mac, VA Loan
Financing Cash
Special Listing Condition Standard
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Bought with Steve Hang • CBD INVESTMENT INC.