$1,000,000
$949,999
5.3%For more information regarding the value of a property, please contact us for a free consultation.
404 W Madison AVE Montebello, CA 90640
5 Beds
2 Baths
6,054 Sqft Lot
Key Details
Sold Price $1,000,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID IV24195929
Sold Date 10/29/24
Bedrooms 5
Full Baths 2
HOA Y/N No
Year Built 1966
Lot Size 6,054 Sqft
Property Description
Rare Opportunity! Unique Dual-Unit Property on the Market for the First Time in Over 50 Years!!!
Discover a truly rare gem! This unique and exclusive property, making its first appearance on the market in over five decades, offers incredible potential and versatility. Situated on a huge lot, this one-of-a-kind residence offers two units in one, perfect for multi-generational living or as an amazing income-generating investment property to add to your portfolio. With two separate addresses (404 W Madison and 404 1/2 W Madison) for mail and utility billing, you can easily rent out one or both units, offering incredible flexibility for homeowners or investors.
The front dwelling offers a single story, two bed/two bathroom while the rear of the home offers 2 bedrooms with a bonus room and one and a half baths. The home can be used as a single family residence, a next-gen home offering additional family members privacy and independent living, or as a multi-unit generating multiple rental income streams.
The backyard offers privacy and parking for multiple vehicles or recreation! Unwind in your own personal jacuzzi with a private cabana, adding a touch of luxury to this unique home. Truly must be seen in person to be fully appreciated!
The property is ideally located close to shopping, dining, and downtown, combining convenience with the rare chance to own a truly uniquely special home.
This is a rare opportunity to own a property with endless potential—don't miss out!
Location
State CA
County Los Angeles
Area 674 - Montebello
Zoning MNR2*
Rooms
Main Level Bedrooms 2
Ensuite Laundry Inside, Laundry Room
Interior
Interior Features Ceiling Fan(s), All Bedrooms Up, All Bedrooms Down, Bedroom on Main Level, Main Level Primary
Laundry Location Inside,Laundry Room
Heating Central, Natural Gas
Cooling Central Air, Gas
Fireplaces Type Den
Fireplace Yes
Appliance Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater
Laundry Inside, Laundry Room
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Curbs, Storm Drain(s), Sidewalks
View Y/N Yes
View Neighborhood
Attached Garage No
Total Parking Spaces 2
Private Pool No
Building
Lot Description Back Yard, Lawn, Landscaped
Story 2
Entry Level One,Multi/Split
Sewer Public Sewer
Water Public
Level or Stories One, Multi/Split
New Construction No
Schools
Elementary Schools Fremont
Middle Schools Montebello
High Schools Montebello
School District Montebello Unified
Others
Senior Community No
Tax ID 6346008015
Acceptable Financing Cash, Cash to New Loan, Conventional, Submit, VA Loan
Listing Terms Cash, Cash to New Loan, Conventional, Submit, VA Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Sandra Bahena • THE ASSOCIATES REALTY GROUP
The Wilkas Group - Lenore & Alexander Wilkas
Real Estate Advisors | License ID: 01343201 & 01355442