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$700,000

Est. payment - /mo

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6,307 Sqft Lot

Active

413 W Riggin ST Monterey Park, CA 91754

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Nathan King Real Estate Group

info@kingrealestate.group +1(559) 396-0000

UPDATED:

11/04/2024 05:18 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW24219325

HOA Y/N No

Year Built 1949

Lot Size 6,307 Sqft

Property Description

413 W. Riggin is a fully-occupied duplex with rents averaging approximately $800/month per unit - and will be delivered fully-occupied with the existing tenants. It is a prime Value-Add Duplex Ripe for Repositioning. This property prospective investor an opportunity to implement a value-add strategy in order to significantly reposition the property. The Property has Accessory Dwelling Unit Potential in the rear of the property (Buyer to Verify). Excellent Unit Mix of all 2BR Units: Both units at the property are two-bedroom units averaging almost 900 SF per unit.

Location

State CA

County Los Angeles

Area 641 - Monterey Park

Zoning MPR2*

Rooms

Ensuite Laundry Inside

Interior

Laundry Location Inside

Fireplace No

Laundry Inside

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Urban

Total Parking Spaces 2

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5273014028

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

Listed by Everett Wong • Greysteel California, Inc. • 310-382-6705

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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