MLS® ID: PF18252109MR

3711 Monterey Rd

El Sereno, California, 90032

$749,000 Active
  • 2129 SQFT
Prime El Sereno triplex recently upgraded and fully-leased. Located on Monterey Road south of Hermon, east of Debbs Park, and tucked between the Monterey Hills and Rose Hills. This 3-unit property is priced like an SFR, so it has solid long term potential. Listed for less than $250K per unit, this triplex consists of a stand alone SFR which is a 2 bedroom/1 bath home (approx. 921 SF) and two-1 bedroom/1 bath units (approx. 604 SF each). All three units have well-designed and spacious floor plans, as well as laundry hook-ups in each unit. The front building is a side-by-side duplex (built in 1938) with a grass yard behind it, the back house is a stand alone SFR (built in 1952). Seller has recently invested into valuable improvements, including new shower stalls/tubs/tile in front unit bathrooms, as well as new windows in the west unit. Seller also renovated exterior of all buildings and improved the landscaping in November 2018. There is also a two-car detached garage between the dwellings that is perfect for leasing out to tenants for additional income, the garage is currently used by landlord for storage. Gross rental income is currently $3,489 per month/$41,868 per year. LA County records show combined SF at 2,129 for the 3 units, the lot is approximate
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Listing courtesy of COMPASS

Amenities

  • Zip
    90032
  • Office name
    COMPASS
  • SQFT
    2129
  • Bedrooms
    0
  • Property type
    Residential Income
  • Zoning type
    LARD3
  • Year built
    1938
  • Lot size
    7538
  • Heating
    Wall
  • Tax year
    0
  • Agent name
    James Tripodes
  • Tax amount
    $ 0.0
  • Purchase Type
    Active
  • Price Range
    $700k-$800k
  • Square Feet Range
    2000-2500 sq ft.
  • Area
    El Sereno
  • Year Built Range
    1989 (and earlier)
  • Office ID
    1345727
  • Agent ID
    1873800

Location

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