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Property Description

Charming investment or self-living property in a great Monterey Park location (within Mark Keppel High School boundary). Total living area is 1,516 sqft on a 6,015 sqft lot per County Assessor data. Front house has 2 bedrooms and 1.5 bathrooms with a laundry room and an attached garage. Front unit is around 904 SF and the tenant just moved out. The detached back house has 2 small bedrooms and one bathroom also with laundry hookup; it is vacant and just done some upgrades, it is around 612 SF. Both units will be delivered vacant. Two electricity meters, two gas meters, and one water meter. It is on a hillside and has a beautiful overlook view; also it may have ADU potential, please check with City. It is closed to everything which daily life required, easy access to Freeway 10, 60, 710, and only 6 miles away to Downtown LA. It is a value-add real estate asset for either an investor or a homeowner. Sold in "As-Is" condition.

Overview

Property Status
Sold
Date Sold
April 30, 2024
Lot Size
6,017 Sq.Ft.
MLS ID
WS24026250
Property Type
Multi-Family
Year Built
1925

Features & Amenities

Neighborhood
Monterey Park
View Description
Valley
Stories
2
Garage Spaces
1.0
Water Source
Public
Pool
None
Lot Features
Sloped Up
Air Conditioning
None
Laundry Room
Inside
Fireplace
None
Other Interior Features
Bedroom on Main Level
Sewer
Unknown
High School
Mark Keppel
School District
Alhambra
Sales Price
$880,000
Zoning
MPR1*

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502 W Graves Avenue

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502 W Graves Avenue
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