$805,000
$700,000
15.0%For more information regarding the value of a property, please contact us for a free consultation.
6,307 Sqft Lot
SOLD DATE : 12/11/2024
Key Details
Sold Price $805,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW24219325
Sold Date 12/11/24
HOA Y/N No
Year Built 1949
Lot Size 6,307 Sqft
Property Description
413 W. Riggin is a fully-occupied duplex with rents averaging approximately $800/month per unit - and will be delivered fully-occupied with the existing tenants. It is a prime Value-Add Duplex Ripe for Repositioning. This property prospective investor an opportunity to implement a value-add strategy in order to significantly reposition the property. The Property has Accessory Dwelling Unit Potential in the rear of the property (Buyer to Verify). Excellent Unit Mix of all 2BR Units: Both units at the property are two-bedroom units averaging almost 900 SF per unit.
Location
State CA
County Los Angeles
Area 641 - Monterey Park
Zoning MPR2*
Interior
Fireplace No
Laundry Inside
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Urban
Total Parking Spaces 2
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5273014028
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash
Special Listing Condition Standard
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Bought with Wing Ng • Exp Realty of California Inc