Monterey Park, CA 91755,422 Mooney DR
$940,500
$975,000
3.5%
Est.Price: ?

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4 BD
2 BA
0.37 Acres Lot

422 Mooney DR Monterey Park, CA 91755

Est. payment /mo
SOLD DATE : 06/22/2023

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Nathan King Real Estate Group

Nathan King Real Estate Group

+1(559) 396-0000

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

Key Details

Sold Price $940,500

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CV23075164

Bedrooms 4

Full Baths 2

Year Built 1922

Lot Size 0.365 Acres

Property Description

Looking for the perfect investment opportunity in one of the top-rated cities in the country? In 2017, Monterey Park was voted one of the top cities in Money magazine, making this the perfect opportunity for savvy investors looking to capitalize on the thriving real estate market thanks to its good schools, neighbors, and growing economy. Don't miss out on this rare chance to own a piece of the American dream in one of the most sought-after locations in the country.

This charming single-family home boasts an enormous 15,902 square foot lot with coveted R2 zoning and backs up to the serene Garvey Ranch Park, providing a tranquil setting for your daily routine. Los Angeles County Assessor's portal shows 17,572 square feet. Buyer to confirm and satisfy themselves with square footage, permits and condition of property.

The possibilities are endless with so much potential. Interested buyers are encouraged to speak with the City about their development plans. Take advantage of the rare opportunity to develop and increase the value of your investment. The home itself offers 1,840 square feet of spacious living, perfect for owner occupancy or renters. The large basement provides additional space to transform into giant storage with loads of shelf space.

Storage won't be an issue with two extra storage rooms and a detached two-car garage, providing ample space for all of your belongings. Located in the heart of Monterey Park, this home is in close proximity to top-rated schools, making it the ideal location to settle down.

The home itself features hardwood floors and a huge dining room with built-in cabinetry. The property is in need of repair, but its large size and huge basement offer ample potential for customization and renovation. Long cement driveway leads to the large storage room connected to the 2 car garage.

One of the best features of this property is its location, which backs up to the beautiful Garvey Ranch Park. The area is also home to top-rated schools and offers great access to downtown Los Angeles, as well as a wide variety of parks, restaurants, and shopping options.

This property is truly a developer's dream, with many newly built homes around the area. It's hard to find a lot this size in such a prime location in Monterey Park, so don't miss out on this incredible opportunity to create the home or investment property of your dreams!

Location

State CA

County Los Angeles

Area 641 - Monterey Park

Zoning MPR2*

Rooms

Ensuite Laundry Washer Hookup, Gas Dryer Hookup

Interior

Laundry Location Washer Hookup,Gas Dryer Hookup

Heating Wall Furnace

Cooling None

Fireplaces Type None

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Garage Driveway, Garage, RV Access/Parking

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Curbs, Street Lights, Sidewalks, Park

View Y/N Yes

View Park/Greenbelt

Building

Lot Description 0-1 Unit/Acre, Back Yard, Front Yard, Lawn, Near Park

Story 1

Sewer Unknown

Water Public

New Construction No

Schools

School District Alhambra

Others

Acceptable Financing Cash, Cash to Existing Loan

Listing Terms Cash, Cash to Existing Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Vickie Sill • ROYAL HOMES & LOANS
Bought with CHUONG THAI • EXP REALTY

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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