Monterey Park, CA 91754,531 N Ynez AVE

$1,598,000

Est. payment /mo

$1,598,000

Est.Price: ?

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531 N Ynez AVE Monterey Park, CA 91754

9,892 Sqft Lot

SOLD DATE : 11/15/2024

Key Details

Sold Price $1,598,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID WS24192828

Sold Date 11/15/24

HOA Y/N No

Year Built 1921

Lot Size 9,892 Sqft

Property Description

Investment opportunity in a prime location in Monterey Park with the potential to add ADU! This property features three units spread across two separate buildings. The front building includes:First Unit: 3 bedrooms, 1 bathroom, and 1 detached car garage. Second Unit: 3 bedrooms, 1 bathroom, and 1 detached car garage. Third Unit: 2 bedrooms, 1 bathroom, plus a bonus room, and 1 detached car garage. All units have central A/C and heating, and separate electrical and gas meters. All units are on a month-to-month lease. The property is conveniently close to restaurants, banks, supermarkets, schools, and parks, with easy access to the 10 and 710 freeways.
"DRIVE BY ONLY. DO NOT DISTURB TENANTS". "DRIVE BY ONLY, DO NOT DISTURB TENANTS".

Location

State CA

County Los Angeles

Area 641 - Monterey Park

Zoning MPR3*

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry Inside

Exterior

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Curbs

Total Parking Spaces 3

Private Pool No

Building

Story 2

Entry Level One,Two

Sewer Public Sewer

Water Public

Level or Stories One, Two

New Construction No

Others

Senior Community No

Tax ID 5256010038

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash to New Loan

Special Listing Condition Standard

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Mike And Mary Jafarkhani

Mike And Mary Jafarkhani

+1(949) 533-5040

Our team is ready to help you sell your home for the highest possible price ASAP


California Regional MLS (CRMLS)
Listed by STEVE HANG • COLDWELL BANKER DYNASTY/ARC • 626 688 3731
Bought with YING WU • IRN REALTY

Mike And Mary Jafarkhani

Broker Associate | License ID: 00999447

+1(949) 533-5040

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