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Sold for $1,100,000 on 05/16/23
  • Listing Provided by: 

    Alberto Hernandez DRE #01944130 909-227-5833,

    eHomes

    $1,100,000

    5622 Monterey Rd, Los Angeles, CA 90042

    --beds
    --baths
    2,662sqft
    Triplex
    Built in 1947
    -- sqft lot
    $1,195,200 Zestimate®
    $413/sqft
    $4,568 Estimated rent

    What's special

    Looking for a great investment? Look no further! This is a phenomenal opportunity to acquire a 4-unit complex which consist of 2 Separate buildings, Main on Monterey (5622) Consists Of 3 Units One 2+1; Two 1+1(One Vacant). The 2nd Building is Single Family Res(Vacant) On Coleman, It Has 1bed+1bath with small office, a Circular Driveway(the eastern edge of the circular driveway has shared access with neighbor), back yard with an oversized storage shed. The property is located in the Hermon area of Highland Park, close to great restaurants, parks, and transit options to downtown LA. An ideal property that offers investors a substantial value add opportunity. Delivered with 2 vacant units. DO NOT DISTURB TENANTS OR WALK ON PROPERTY.

    Zillow last checked: 7 hours ago

    Listing updated: January 13, 2025 at 04:39pm

    Listing Provided by:

    Alberto Hernandez DRE #01944130 909-227-5833,

    eHomes

    Bought with:

    Joylyn Spencer, DRE #01302313

    Keller Williams World Media Center

    Source: CRMLS,MLS#: CV22238747MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Appliances
    • Laundry: In Garage
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 2,662
    • Total interior livable area: 2,662 sqft

    Property

    Features
    • Pool features: None
    Lot
    • Size: 8,069 sqft
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 5301013015
    • Zoning: LARD1.5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1947

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Los Angeles

    Other

    Other facts
    • Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange
    Services availability
    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,195,200

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,195,200