533 Elizabeth Avenue, Monterey Park, CA 91755
Fourplex
Sold October 2024
Listing Agent: Barry Carter (DRE #01295457) · Listing Office: SEGUE PROPERTIES, INC. · Contact: 626-695-0207 · Bought with: Calvin Wong · HomeSmart, Evergreen Realty · MLS #CV24154695 · Source: CRMLS
About this fourplex
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 description from the October 2024 sale, as reported to CRMLS.
Sale history