413 W Riggin Street

Monterey Park, CA 91754

$805,000

Sold Price
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1949

calendar_month Built

Property Description

413 W. Riggin is a fully-occupied duplex with rents averaging approximately $800/month per unit - and will be delivered fully-occupied with the existing tenants. It is a prime Value-Add Duplex Ripe for Repositioning. This property prospective investor an opportunity to implement a value-add strategy in order to significantly reposition the property. The Property has Accessory Dwelling Unit Potential in the rear of the property (Buyer to Verify). Excellent Unit Mix of all 2BR Units: Both units at the property are two-bedroom units averaging almost 900 SF per unit.

Listing Information

Close Price $805,000
Close Date Wednesday, December 11th, 2024
Status Closed
MLS PW24219325
Type Residential Income
Subtype Duplex
Year Built 1949
Lot Size 6,306
Structure Size N/A
DOM 21
Courtesy Of Greysteel California, Inc.
Listing Agent Everett Wong DRE#01991247

Interior Features

Laundry Information
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Total Bedroom
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Exterior Information

Maps

Listing information courtesy of: Everett Wong, Greysteel California, Inc. 310-439-5790. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 11th, 2024 at 10:36 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.