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Key Details
Sold Price $880,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB23210626
Sold Date 12/04/23
HOA Y/N No
Year Built 1950
Lot Size 10,001 Sqft
Property Description
Welcome to this incredible duplex property located in South El Monte, boasting a sprawling 10,000 square-foot lot and exceptional development potential. This property offers a unique opportunity for investors or homeowners looking to maximize its value and create something extraordinary. The standout feature of this property is the expansive 10,000 square-foot lot, presenting endless possibilities for development. Whether you choose to expand the existing duplex, adding more living space or additional units, or explore new construction options, the potential is truly remarkable. The current duplex consists of a front unit of 3 bedroom/4 bathrooms and back unit is a 3 bedroom/ 2bathrooms. There are additions to the property that may or may not have been with permits. Buyers and buyer’s agent to do their own due diligence. Imagine creating a multi-unit complex, catering to the high demand for housing in South El Monte, and maximizing rental income potential. Alternatively, expanding the current duplex could offer more space for growing families or accommodate roommates, appealing to a broader range of potential residents. Conveniently located in South El Monte, this property provides easy access to parks, schools, shopping centers, and restaurants. Commuting is a breeze with major highways and public transportation options nearby, ensuring seamless connectivity to surrounding areas. Don't miss out on this exceptional opportunity to invest in a duplex with a 10,000 square-foot lot in South El Monte. Whether you're an investor looking for a lucrative project or a homeowner with a vision, this property offers limitless potential.
Location
State CA
County Los Angeles
Area 657 - So. El Monte
Zoning SER1*
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Exterior
Pool None
Community Features Sidewalks
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 8103011017
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Jignesh Patel • Realty ONE Group United