Monterey Park, CA 91755,533 Elizabeth Avenue
Monterey Park, CA 91755,533 Elizabeth Avenue
Monterey Park, CA 91755,533 Elizabeth Avenue
Listed by Barry Carter • SEGUE PROPERTIES, INC.
$1,580,000
Est. payment /mo
Est.Price: ?

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4,100 SqFt
SOLD DATE : 10/21/2024

Key Details

Sold Price $1,580,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 4,100 sqft

Price per Sqft $385

MLS Listing ID CV-24154695

Style Traditional

Year Built 1954

Lot Size 0.325 Acres

Property Description

It's here... Your Multi-unit Investment Opportunity awaits!! We have a 4,100 sq ft quadruplex available on a decent sized 14,160 sq ft lot in desired Monterey Park! Addresses included in sale on this property are: 533, 535, 537 and 539 Elizabeth Avenue. The units consist of (1) 3 bedroom / 1 bath larger 2 story unit and (3) 2 bedroom / 1 bath smaller 1 story units. Each unit has been individually maintained over the years and have their own individual private backyards. Additionally, some of the units have been upgraded with granite counter tops, wood floors, cabinets, pavers, etc... All units are currently rented on month to month leases with rents below average rental prices for the area so this features great upside potential. Each unit has 1 spot inside the 2 double garages (total of 4 spots) plus additional driveway & street parking as well. Whether you're a seasoned investor looking to diversify your portfolio, or someone new to real estate investment, this property is waiting for you. This property is close to Downtown LA, shopping, restaurants, parks, schools, public transportation and freeways! DRIVE BY ONLY!! DO NOT DISTURB TENANTS!

Location

State CA

County Los Angeles

Zoning MPR2YY

Interior

Heating Space Heater, Wall Furnace, See Remarks

Cooling Wall/Window Unit(s)

Flooring Carpet, Laminate, Tile, Wood, See Remarks

Fireplaces Type Family Room

Laundry In Kitchen

Exterior

Parking Features Garage - Three Door, Garage - Two Door, Garage Faces Front, Paved, Built-In Storage, Driveway

Garage Spaces 4.0

Pool None

Community Features Curbs, Sidewalks, Street Lights

Utilities Available Sewer Connected, Water Connected, See Remarks, Electricity Connected, Natural Gas Connected

View None, See Remarks

Building

Lot Description Front Yard, Landscaped, Level, Lot 10000-19999 Sqft, Rectangular Lot, Yard, 2-5 Units/Acre, Back Yard

Sewer Public Sewer

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Paul Ward

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Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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