6,821 Sqft Lot
6,821 Sqft Lot
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV25169203
HOA Y/N No
Year Built 1948
Lot Size 6,821 Sqft
Property Sub-Type Apartment
Property Description
What truly sets this offering apart is the rare opportunity to immediately increase value: approved plans and permits are in place for a 689 sq. ft. 1-bedroom ADU, allowing for a 4th income-generating unit. Major capital improvements have already been completed, including a new electrical panel for all units and a new sewer line, ensuring reduced maintenance costs.
Located in a strong rental market with proximity to shops, schools, and transportation, this property is ready for expansion—just bring your shovel and start building. Whether you're looking to grow your portfolio or live onsite while generating income, this Monterey Park property offers rare upside with permits already in hand.
Location
State CA
County Los Angeles
Area 641 - Monterey Park
Zoning MPR2*
Rooms
Other Rooms Second Garage
Interior
Fireplaces Type None
Fireplace No
Laundry Washer Hookup, Gas Dryer Hookup, In Kitchen
Exterior
Parking Features Assigned, Garage Faces Rear
Garage Spaces 3.0
Garage Description 3.0
Fence Block, Wood
Pool None
Community Features Sidewalks
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
View Y/N No
View None
Roof Type Shingle
Total Parking Spaces 3
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Additional Building Second Garage
New Construction No
Others
Senior Community No
Tax ID 5266020020
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
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