533 Elizabeth Avenue

Monterey Park, CA 91755

$1,799,000

List Price

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bed Beds

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shower Baths

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straighten / sqft

1954

calendar_month Built

Property Description

It’s here… Your Multi-unit Investment Opportunity awaits!! We have a 4,100 sq ft quadruplex available on a decent sized 14,160 sq ft lot in desired Monterey Park! Addresses included in sale on this property are: 533, 535, 537 and 539 Elizabeth Avenue. The units consist of (1) 3 bedroom / 1 bath larger 2 story unit and (3) 2 bedroom / 1 bath smaller 1 story units. Each unit has been individually maintained over the years and have their own individual private backyards. Additionally, some of the units have been upgraded with granite counter tops, wood floors, cabinets, pavers, etc… All units are currently rented on month to month leases with rents below average rental prices for the area so this features great upside potential. Each unit has 1 spot inside the 2 double garages (total of 4 spots) plus additional driveway & street parking as well. Whether you’re a seasoned investor looking to diversify your portfolio, or someone new to real estate investment, this property is waiting for you. This property is close to Downtown LA, shopping, restaurants, parks, schools, public transportation and freeways! DRIVE BY ONLY!! DO NOT DISTURB TENANTS!

Listing Information

List Price $1,799,000
Status Pending
MLS CV24154695
HOA $0
Type Residential Income
Subtype Quadruplex
Year Built 1954
Lot Size 14,164
Structure Size N/A
DOM 27
Courtesy Of SEGUE PROPERTIES, INC.
Listing Agent Barry Carter DRE#01295457

Interior Features

Laundry Information
Location(s) In Kitchen
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Flooring Information
Material Carpet, Laminate, See Remarks, Tile, Wood
Fireplace Information
Features Family Room
Additional Information
Additional Features Ceiling Fan(s), Storage
Cooling Type
Cooling Type Wall/Window Unit(s)

Exterior Information

Other Structures
Structures Shed(s)

Maps

Listing information courtesy of: Barry Carter, SEGUE PROPERTIES, INC. . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:12 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.