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!
MLS #
CRCV24154695
MLS Source
California Regional MLS
Appliances
Garbage Disposal, Other, Oven Range, Oven Range - Built-In
Flooring
Laminate, Other
Cooling
Window/Wall Unit
Heating
Other, Space Heater, Wall Furnace
Roof
Composition
Foundation
Raised, Other
Pool
None
Style
Traditional
Garage/Parking
Attached Garage, Garage, Other, Storage - RV, Garage: 4 Car(s)
HOA Fee
$0
# Buildings | # Leased Units | # Total Units |
---|---|---|
2 | 4 | 4 |
533 Elizabeth Ave is a Residential Income in Monterey Park, CA 91755. This – square foot property sits on a 14,164 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,580,000 and was built in 1954.
This address can also be written as 533 Elizabeth Ave, Monterey Park, CA 91755.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of October 21, 2024. For the most current information, please contact Barry Carter