El Monte, CA 91731,3939 Velma AVE
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El Monte, CA 91731,3939 Velma AVE
El Monte, CA 91731,3939 Velma AVE
El Monte, CA 91731,3939 Velma AVE
El Monte, CA 91731,3939 Velma AVE

$975,000

Est. payment /mo

$885,000

10.2%
Est.Price: ?

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3939 Velma AVE El Monte, CA 91731

1,848 SqFt

SOLD DATE : 03/05/2024

Key Details

Sold Price $975,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,848 sqft

Price per Sqft $527

MLS Listing ID CV23224320

Sold Date 03/05/24

Construction Status Repairs Cosmetic

HOA Y/N No

Year Built 1947

Lot Size 10,197 Sqft

Acres 0.2341

Property Description

HONEY STOP THE CAR! THIS IS IT!!
Incredible investment opportunity awaits! This sprawling Triplex, nestled in the highly coveted El Monte area bordering Temple City, offers an expansive 10,000+ SF lot just waiting for your vision to transform it into an unparalleled gem. Picture this: a spacious front house boasting 2 bedrooms and one and 1baths, accompanied by a charming one-bedroom, one-bath unit at the rear. But that's not all—the third unit stands independently, offering endless possibilities for customization. Two long driveways, perfectly situated on the right side and the left side. One driveway leads to a rear garage, ensuring ample off-street parking for convenience. The real magic lies in the potential this property holds; with some strategic improvements, you'll skyrocket its value instantly. Imagine the immense value waiting to be unlocked! The vast backyard is a canvas awaiting your touch—be it for RV storage, additional parking space, or even the creation of an ADU, the opportunities are boundless. Don't miss out on this chance to seize a diamond in the rough, and remember to verify with the city for your dream improvement projects. Act now and make this exceptional property yours before it's gone!"

Location

State CA

County Los Angeles

Area 619 - El Monte

Zoning EMR2YY

Rooms

Ensuite Laundry Inside

Interior

Laundry Location Inside

Fireplace No

Laundry Inside

Exterior

Garage Asphalt, Driveway, Garage, Gated, RV Potential

Garage Spaces 2.0

Garage Description 2.0

Fence Block

Pool None

Community Features Suburban

Parking Type Asphalt, Driveway, Garage, Gated, RV Potential

Total Parking Spaces 2

Private Pool No

Building

Lot Description Back Yard, Front Yard, Level, Rectangular Lot

Story 1

Foundation Raised

Sewer Public Sewer

Water Public

New Construction No

Construction Status Repairs Cosmetic

Others

Senior Community No

Tax ID 8577020002

Acceptable Financing Conventional, 1031 Exchange, Submit

Listing Terms Conventional, 1031 Exchange, Submit

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Fernando Reza • KELLER WILLIAMS COVINA • 626-388-5518
Bought with JING FAN • Pinnacle Real Estate Group

The Wilkas Group - Lenore & Alexander Wilkas

Real Estate Advisors | License ID: 01343201 & 01355442

+1(760) 407-2100

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