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498 W Riggin St

Monterey Park, CA 91754
  • $895,000
  • STATUS: Active Under Contract
  • ON SITE: 87 Days
  • ID#: 22-197981
Under Contract
$895,000
  • 5
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,442
    SQFT
  • $367
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1948
County:

School Ratings & Info

Description

Court Confirmation & Overbid Hearing scheduled for December 6th - All interested overbidders wanting to participate must contact listing agents to register by December 3rd. Your next great investment opportunity awaits! Perfect for an Investor or an Owner/User! Built in 1948, this triplex consists of 2,442 SQ. FT. and is comprised of 5 Bedrooms and 3 Bathrooms. The property consists of (2) 2 Bed + 1 Bath units and (1) 1 Bed + 1 Bath unit. The location is ideal due to its proximity to highly rated schools, and is consistently ranked as a great place to live, work, and play. The property is zoned R2 and sits on a 6,825 Sq. Ft. lot.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-12-04T23:42:40.083. 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.
www.realestatetoolbox.com/homes/132928807
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498 W Riggin St Monterey Park, CA 91754

  • Price: $895,000
  • Status: Active Under Contract
  • On Site: 87 Days
  • ID#: 22-197981
5
Beds
0
Baths
0
½ Baths
0.16
Acres
2,442
SQFT
$367
$/SQFT
1948
Built
Neighborhood:
Monterey Park
County:
Los Angeles
Area:
Monterey Park
Property Description
Court Confirmation & Overbid Hearing scheduled for December 6th - All interested overbidders wanting to participate must contact listing agents to register by December 3rd. Your next great investment opportunity awaits! Perfect for an Investor or an Owner/User! Built in 1948, this triplex consists of 2,442 SQ. FT. and is comprised of 5 Bedrooms and 3 Bathrooms. The property consists of (2) 2 Bed + 1 Bath units and (1) 1 Bed + 1 Bath unit. The location is ideal due to its proximity to highly rated schools, and is consistently ranked as a great place to live, work, and play. The property is zoned R2 and sits on a 6,825 Sq. Ft. lot.
Exterior Features

Lot Size Area 6823 Other Structures None Parking Garage None Total Parking 2

Interior Features

Baths Total 3.00 Cooling Wall/Window Equipment Range/Oven Heating Forced Air

Property Features

Assessed Total Value 585153 Gross Income 44400 Gross Operating Income 43512 Like Units1 1 Like Units2 1 Like Units3 1 Net Operating Income 27809.00 Number Of Buildings 1 Number Of Units 3 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 15703 Type Of Units 2 Year Built Source Vendor Enhanced Zoning Mpr2*

Listing provided courtesy of David Weinberger DRE#01349349 of Keller Williams Studio City: 818-432-1500.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-12-04T23:42:40.083. 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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