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Key Details
Sold Price $1,500,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,026 sqft
Price per Sqft $495
MLS Listing ID AR21192704
Sold Date 11/18/21
HOA Y/N No
Year Built 1949
Lot Size 0.675 Acres
Acres 0.6748
Property Description
Calling all Investors! Maximize the potential of this 29,000+ lot for additions! Great North EL Monte location, with 3 individual single-level homes, each with their own property address: 11414 Lambert, 11420 Lambert, and 11381 Frankmont. It's like owning 3 single family homes in one lot! Investors, this lot offers enormous potential to add more homes to increase both rental income and assets! 11381 Frankmont (2Beds+2Baths) features 2 large bedroom and 2 baths, 11424 Lambert (2Beds+1Bath)& 11420 Lambert (2Beds+1Bath)are each 2 Bed & 1 Baths single family dwellings. All tenants are on a month to month lease. Surrounding by newer developments, this property is conveniently located near shopping, school, restaurant and park.
Location
State CA
County Los Angeles
Area 619 - El Monte
Zoning EMR1B*
Rooms
Ensuite Laundry ElectricDryerHookup, GasDryerHookup, LaundryRoom
Interior
Interior Features AllBedroomsDown
Laundry Location ElectricDryerHookup,GasDryerHookup,LaundryRoom
Flooring Carpet, Tile, Wood
Fireplace No
Laundry ElectricDryerHookup, GasDryerHookup, LaundryRoom
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Sidewalks
Total Parking Spaces 3
Private Pool No
Building
Lot Description Item25UnitsAcre
Story 1
Entry Level One
Sewer PublicSewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 8569001006
Acceptable Financing Cash, CashtoNewLoan, Item1031Exchange
Listing Terms Cash, CashtoNewLoan, Item1031Exchange
Financing CashtoNewLoan
Special Listing Condition Standard
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Bought with Danny Hy • Coldwell Banker Dynasty T.C.
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Tracy Thrower Conyers
Broker Associate, JD | License ID: 01712960
Broker Associate, JD License ID: 01712960