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413 W Riggin Street Monterey Park, CA 91754
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW24219325
Sold Date 12/11/24
Bedrooms 4
HOA Y/N No
Lot Size 6,306 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.
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 Monterey Park (91754)
Zoning Public Rec
Building
Story 1
Lot Size Range 4000-7499 SF
Others
Monthly Total Fees $50
Acceptable Financing Conventional
Space Rent $740
Listing Terms Conventional
Financing Cash
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Bought with Wing Ng • Exp Realty of California Inc
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