Property listed by IRN REALTY, SHENG WAN 626-545-1620
$1,680,000
We are pleased to present a rare income-producing residential compound situated on an expansive 20,106 SQFT lot. This unique property features a classic 2br/1ba single-family home at the front, and a two-story rear structure built in 2008. The rear addition consists of 12 bed rooms and 6 bathrooms, each with… Read More its own entrance. The property is fully leased to stable, long-term tenants and delivers immediate cash flow with an above-average CAP rate. This is an incredible opportunity for high-net-worth cash investors seeking generous passive income. Situated in a highly desirable suburb just 5 minutes from I-10, US-60, Costco, schools, and Montebello Mall. Additional features include a detached garage and a massive backyard with significant potential for future improvements. SFR, not individually metered and owner pays all utilities. Sold AS-IS, buyers to verify all permits and improvements. Please do not disturb any tenants. Read Less
Listing Snapshot
Days Online
10
Last Updated
Property Type
SingleFamilyResidence
Beds
14
Full Baths
7
Square Ft.
4,618
Lot Size
0.46 Acres
Year Built
1942
MLS Number
WS26031262
Additional Details
Building
Built in 1942, Living area: 4618.0, Living area units: SquareFeet, 2 stories, Levels: Two, Entry level: 1, Entry location: 1
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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