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$ 1,000,000
Est. payment /mo
New
413 W Riggin ST Monterey Park, CA 91754
6,307 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID TR25225653
HOA Y/N No
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
Fireplace No
Laundry Inside
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Curbs, Sidewalks
Total Parking Spaces 2
Private Pool No
Building
Lot Description Back Yard
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5273014028
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
Listed by Wing Ng Exp Realty of California Inc alanwingng@gmail.com
