$1,100,000
$1,100,000
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5622 Monterey RD Highland Park, CA 90042
2,662 SqFt
Key Details
Sold Price $1,100,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,662 sqft
Price per Sqft $413
MLS Listing ID CV22238747
Sold Date 05/16/23
HOA Y/N No
Year Built 1947
Lot Size 8,067 Sqft
Acres 0.1852
Property Description
Looking for a great investment? Look no further! This is a phenomenal opportunity to acquire a 4-unit complex which consist of 2 Separate buildings, Main on Monterey (5622) Consists Of 3 Units One 2+1; Two 1+1(One Vacant). The 2nd Building is Single Family Res(Vacant) On Coleman, It Has 1bed+1bath with small office, a Circular Driveway(the eastern edge of the circular driveway has shared access with neighbor), back yard with an oversized storage shed. The property is located in the Hermon area of Highland Park, close to great restaurants, parks, and transit options to downtown LA. An ideal property that offers investors a substantial value add opportunity. Delivered with 2 vacant units. DO NOT DISTURB TENANTS OR WALK ON PROPERTY.
Location
State CA
County Los Angeles
Area 632 - Highland Park
Zoning LARD1.5
Rooms
Ensuite Laundry In Garage
Interior
Laundry Location In Garage
Fireplace No
Laundry In Garage
Exterior
Pool None
Community Features Sidewalks
Private Pool No
Building
Lot Description Item25UnitsAcre
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5301013015
Acceptable Financing Cash, CashtoExistingLoan, CashtoNewLoan, Conventional, Item1031Exchange
Listing Terms Cash, CashtoExistingLoan, CashtoNewLoan, Conventional, Item1031Exchange
Financing FHA
Special Listing Condition Standard
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Bought with Joylyn Spencer • Keller Williams World Media Center
GUIDE SoCal
Broker | License ID: DRE#01976964