533 Elizabeth Avenue, Monterey Park, CA 91755

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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!


Interior Features

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

Listing Information

Address 533 Elizabeth Avenue
City Monterey Park
State CA
Zip 91755
County Los Angeles
Listing Agent Barry Carter DRE #01295457
Courtesy Of SEGUE PROPERTIES, INC.
List Price $1,799,000
Status Pending
Type Residential Income
Subtype Quadruplex
Structure Size N/A
Lot Size 14,164
Year Built 1954

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.