413 W Riggin ST new Save Request In-Person Tour Request Virtual Tour
Monterey Park,CA 91754
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID TR25225653
Year Built 1949
Lot Size 6,307 Sqft
Property Sub-Type Duplex
Property Description
Excellent Duplex Investment Opportunity! This well-maintained duplex features a desirable unit mix of two spacious 2-bedroom units, each averaging nearly 900 sq. ft. The property presents investors with a prime value-add opportunity, offering the potential to construct an ADU at the rear to further enhance income and maximize long-term value. The duplex will be delivered with one unit tenant-occupied and one unit vacant, allowing for immediate rental income while also providing flexibility for an owner-user or remodel strategy. With its versatile layout and strong upside potential, this property is ideal for both seasoned investors and first-time multifamily buyers.
Location
State CA
County Los Angeles
Area 641 - Monterey Park
Interior
Laundry Inside
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Curbs,Sidewalks
Building
Lot Description Back Yard
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to New Loan,Conventional,1031 Exchange
Listing Terms Cash,Cash to New Loan,Conventional,1031 Exchange
Special Listing Condition Standard