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Paul Young

[email protected] +1(949) 388-6888

$ 1,799,000

Est. payment -/mo

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Pending

533 Elizabeth AVE Monterey Park, CA 91755

4,100 SqFt

UPDATED:

10/17/2024 07:21 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 4,100 sqft

Price per Sqft $438

MLS Listing ID CV24154695

Construction Status Fixer

HOA Y/N No

Year Built 1954

Lot Size 0.325 Acres

Acres 0.3252

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

Zoning MPR2YY

Rooms

Other Rooms Shed(s)

Ensuite Laundry In Kitchen

Interior

Interior Features Ceiling Fan(s), Storage

Laundry Location In Kitchen

Heating Space Heater, See Remarks, Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Carpet, Laminate, See Remarks, Tile, Wood

Fireplaces Type Family Room

Fireplace Yes

Appliance Built-In Range, Free-Standing Range, Gas Cooktop, Disposal

Laundry In Kitchen

Exterior

Garage Door-Multi, Driveway, Garage Faces Front, Garage, Paved, Storage

Garage Spaces 4.0

Garage Description 4.0

Fence Block, Chain Link, Wood

Pool None

Community Features Curbs, Street Lights, Sidewalks

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

View None

Roof Type Composition

Accessibility None

Parking Type Door-Multi, Driveway, Garage Faces Front, Garage, Paved, Storage

Total Parking Spaces 8

Private Pool No

Building

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

Faces South

Story 2

Entry Level Two

Foundation Raised, See Remarks

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories Two

Additional Building Shed(s)

New Construction No

Construction Status Fixer

Others

Senior Community No

Tax ID 5258016019

Security Features Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Trust

Listed by Barry Carter • SEGUE PROPERTIES, INC. • 626-695-0207

Paul Young

Agent | H01433615

+1(949) 388-6888

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Paul Young

Paul Young

533 Elizabeth AVE Monterey Park, CA 91755

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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533 Elizabeth AVE