Monterey Park, CA 91754,413 W Riggin Street
Monterey Park, CA 91754,413 W Riggin Street
Monterey Park, CA 91754,413 W Riggin Street
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$700,000
Est. payment /mo
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4 BD
2 BA
6,306 Sqft Lot
Active

413 W Riggin Street Monterey Park, CA 91754

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UPDATED:

11/05/2024 02:49 AM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW24219325

Bedrooms 4

HOA Y/N No

Lot Size 6,306 Sqft

Property Description

413 W. Riggin is a fully-occupied duplex with rents averaging approximately $800/month per unit - and will be delivered fully-occupied with the existing tenants. It is a prime Value-Add Duplex Ripe for Repositioning. This property prospective investor an opportunity to implement a value-add strategy in order to significantly reposition the property. The Property has Accessory Dwelling Unit Potential in the rear of the property (Buyer to Verify). Excellent Unit Mix of all 2BR Units: Both units at the property are two-bedroom units averaging almost 900 SF per unit.
413 W. Riggin is a fully-occupied duplex with rents averaging approximately $800/month per unit - and will be delivered fully-occupied with the existing tenants. It is a prime Value-Add Duplex Ripe for Repositioning. This property prospective investor an opportunity to implement a value-add strategy in order to significantly reposition the property. The Property has Accessory Dwelling Unit Potential in the rear of the property (Buyer to Verify). Excellent Unit Mix of all 2BR Units: Both units at the property are two-bedroom units averaging almost 900 SF per unit.

Location

State CA

County Los Angeles

Area Monterey Park (91754)

Zoning Public Rec

Building

Story 1

Lot Size Range 4000-7499 SF

Others

Monthly Total Fees $50

Acceptable Financing Conventional

Space Rent $740

Listing Terms Conventional


San Diego Regional MLS (SDMLS)
Listed by Everett Wong • Greysteel California, Inc.

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Damon Cuccia

Broker Associate, REALTOR®, ABR, MRP | License ID: 01422266

+1(619) 370-3777

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413 W Riggin Street