$880,000
$890,000
1.1%For more information regarding the value of a property, please contact us for a free consultation.
502 W Graves AVE Monterey Park, CA 91754
4 Beds
2 Baths
1,516 SqFt
Key Details
Sold Price $880,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,516 sqft
Price per Sqft $580
MLS Listing ID WS24026250
Sold Date 04/30/24
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1925
Lot Size 6,015 Sqft
Acres 0.1381
Property Description
Charming investment or self-living property in a great Monterey Park location (within Mark Keppel High School boundary). Total living area is 1,516 sqft on a 6,015 sqft lot per County Assessor data. Front house has 2 bedrooms and 1.5 bathrooms with a laundry room and an attached garage. Front unit is around 904 SF and the tenant just moved out. The detached back house has 2 small bedrooms and one bathroom also with laundry hookup; it is vacant and just done some upgrades, it is around 612 SF. Both units will be delivered vacant. Two electricity meters, two gas meters, and one water meter. It is on a hillside and has a beautiful overlook view; also it may have ADU potential, please check with City. It is closed to everything which daily life required, easy access to Freeway 10, 60, 710, and only 6 miles away to Downtown LA. It is a value-add real estate asset for either an investor or a homeowner. Sold in “As-Is” condition.
Location
State CA
County Los Angeles
Area 641 - Monterey Park
Zoning MPR1*
Rooms
Main Level Bedrooms 4
Ensuite Laundry Inside
Interior
Interior Features Bedroom on Main Level
Laundry Location Inside
Cooling None
Fireplaces Type None
Fireplace No
Laundry Inside
Exterior
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Sidewalks
View Y/N Yes
View Valley
Attached Garage Yes
Total Parking Spaces 1
Private Pool No
Building
Lot Description Sloped Up
Story 2
Entry Level Two
Sewer Unknown
Water Public
Level or Stories Two
New Construction No
Schools
High Schools Mark Keppel
School District Alhambra
Others
Senior Community No
Tax ID 5263003014
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Diego Esquivel • Camerra Capital