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Key Details
Sold Price $765,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 944 sqft
Price per Sqft $810
MLS Listing ID CV24175832
Sold Date 10/30/24
Bedrooms 3
Full Baths 1
HOA Y/N Yes
Year Built 1952
Lot Size 7,553 Sqft
Property Description
Unlock the full potential of this exceptional investment opportunity in a prime location.
Nestled on a spacious 7,555 square foot lot in an R3 zone, this 3-bedroom, 1-bathroom home is more than just a cozy residence—it's a gateway to significant profit. With ample space to build multiple units, you have the chance to create a lucrative multi-unit development that can generate long-term income.
Built in 1952 and situated within the highly-regarded El Monte Unified School District, this property combines classic charm with unparalleled future possibilities. The expansive lot offers the flexibility to build and expand, making it ideal for investors looking to maximize their return.
Seize this rare opportunity to invest in a property that offers both immediate comfort and promising financial growth. With the right vision, this lot could become a thriving hub of opportunity.
Don't miss out—properties with this kind of potential are a rare find.
Location
State CA
County Los Angeles
Area 619 - El Monte
Zoning LCR3YY
Rooms
Main Level Bedrooms 3
Interior
Interior Features All Bedrooms Down
Cooling None
Fireplaces Type None
Fireplace No
Laundry See Remarks
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Sidewalks
Amenities Available Other
View Y/N No
View None
Attached Garage Yes
Total Parking Spaces 2
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Entry Level One
Sewer Aerobic Septic
Water Public
Level or Stories One
New Construction No
Schools
School District El Monte Union High
Others
HOA Name None
Senior Community No
Tax ID 8113014021
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA 203(k), FHA, Fannie Mae
Listing Terms Cash, Conventional, 1031 Exchange, FHA 203(k), FHA, Fannie Mae
Financing Conventional
Special Listing Condition Standard
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