413 W Riggin ST Pending

Monterey Park,CA 91754

$ 700000

- Bed

- Bath

1768 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Square Footage 1,768 sqft

Price per Sqft $395

MLS Listing ID PW24219325

HOA Y/N No

Year Built 1949

Lot Size 6,307 Sqft

Acres 0.1448

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*

Interior

Laundry Inside

Exterior

Garage Spaces 2.0

Pool None

Community Features Urban

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Special Listing Condition Standard

Confidential INFO

TERMS Conventional

LIST AGRMT Exclusive Right To Sell

LIST SERVICE Full Service

SHOW CONTACT TYPE Agent

SHOW INSTRUCTIONS Shown with Accepted Offer

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