For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $700,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 846 sqft
Price per Sqft $827
MLS Listing ID AR23070024
Sold Date 06/20/23
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1947
Lot Size 0.501 Acres
Property Description
The investment opportunity you've been looking for. Units, units, units, units.
Amazing builder or developer opportunity. Highest and best use is land value. City of El Monte informally states that SB9 could allow 4 units on this lot with appropriate zoning clearance and tentative parcel map lot split. BUYER TO VERIFY. Existing home is a fixer. Lot is flat, rectangle shaped, and accessible. The city purchased a small portion of the front of the lot for street improvements as part of neighboring home development which you'll see that on the plat map. This included improvements to the street, curb, driveway approach, sidewalk, retaining wall, and fencing. El Monte is a very diverse neighborhood so there might be other uses for this property. Interested buyers should investigate BEFORE submitting an offer. Submit offers subject to property inspection.
Location
State CA
County Los Angeles
Area 619 - El Monte
Zoning EMR1BY
Rooms
Main Level Bedrooms 2
Interior
Heating None
Cooling None
Fireplaces Type None
Fireplace No
Laundry In Garage
Exterior
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Biking
View Y/N No
View None
Attached Garage Yes
Total Parking Spaces 1
Private Pool No
Building
Lot Description Level, Rectangular Lot
Story 1
Entry Level One
Sewer Unknown
Water See Remarks
Level or Stories One
New Construction No
Schools
School District El Monte Union High
Others
Senior Community No
Tax ID 8545018048
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Notice Of Default
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with BAO LIU • Pinnacle Real Estate Group
GET MORE INFORMATION