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Listed by Cu Tran • CQT Paradigm Goup Inc.
$785,000
Est. payment /mo
2 Beds
1 Bath
610 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 610 sqft
Price per Sqft $1,286
MLS Listing ID OC-26138799
Bedrooms 2
Full Baths 1
Year Built 1950
Lot Size 9,656 Sqft
Property Sub-Type Single Family Residence
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Builder/Developer Opportunity on Prime R3 Lot! Charming, upgraded home with excellent flexibility to live in, rent out, or redevelop. Property may offer potential for 2 units approx. 2,000 sq ft each plus 2 ADUs approx. 800 sq ft each; buyer to verify all possibilities with the city. Existing home features a kitchen, laminate wood flooring throughout, and a new heating unit. Current rental income is $2,000 per month, offering immediate income potential while planning future development. Attractive lot with strong upside and future development potential. The value is in the land. Seller is a licensed real estate broker. Buyer to verify lot size, zoning, development standards, building requirements, and all property details with the city. Property sold as is. Seller can also refer a strong general contractor for buyers interested in building.
Location
State CA
County Los Angeles
Area 657 - South El Monte
Zoning EMR3YY
Interior
Cooling None
Fireplaces Type None
Laundry Inside
Exterior
Pool None
Community Features Sidewalks
View Y/N No
View None
Building
Lot Description Front Yard, Rectangular Lot, Back Yard
Sewer Public Sewer
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900