Monterey Park, CA 91755,533 Elizabeth AVE
Monterey Park, CA 91755,533 Elizabeth AVE
Monterey Park, CA 91755,533 Elizabeth AVE
28
$1,580,000
$1,799,000
12.2%
Est.Price: ?

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0.33 Acres Lot

533 Elizabeth AVE Monterey Park, CA 91755

Est. payment /mo
SOLD DATE : 10/21/2024

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Key Details

Sold Price $1,580,000

Property Type Multi-Family

Sub Type Fourplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CRCV24154695

Sold Date 10/21/24

Style Traditional

Originating Board California Regional MLS

Year Built 1954

Lot Size 0.325 Acres

Property Sub-Type Fourplex

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

Area 641 - Monterey Park

Rooms

Kitchen Garbage Disposal, Other, Oven Range - Built-In, Oven Range

Interior

Heating Other, Space Heater, Wall Furnace

Cooling Window / Wall Unit

Flooring Laminate, Other

Laundry In Kitchen

Exterior

Parking Features Storage - RV, Attached Garage, Garage, Other

Garage Spaces 8.0

Pool 31, None

View Other, None

Roof Type Composition

Building

Lot Description Grade - Level

Foundation Other, Raised

Water District - Public

Architectural Style Traditional

Others

Tax ID 5258016019

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MLS Listing IDX PLUS
Listed by Barry Carter • SEGUE PROPERTIES, INC.
Bought with Calvin Wong

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agent

Danny Ward

Agent | License ID: 2227794

+1(831) 246-0560

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