Highland Park, CA 90042,5622 Monterey Road
Highland Park, CA 90042,5622 Monterey Road
$1,100,000
Est. payment /mo
$1,100,000
Est.Price: ?

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5 Beds
4 Baths
8,069 Sqft Lot
SOLD DATE : 05/16/2023

Key Details

Sold Price $1,100,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CV22238747

Sold Date 05/16/23

Bedrooms 5

HOA Y/N No

Lot Size 8,069 Sqft

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.
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 Los Angeles (90042)

Zoning Assessor

Building

Lot Description Sidewalks

Lot Size Range 7500-10889 SF

Others

Monthly Total Fees $57

Acceptable Financing Cash, Conventional, Exchange

Space Rent $1,162

Listing Terms Cash, Conventional, Exchange

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San Diego Regional MLS (SDMLS)
Listed by Alberto Hernandez • eHomes
Bought with Joylyn Spencer • Keller Williams World Media Center
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