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5622 Monterey Road, Los Angeles, CA 90042
$1,100,000
5622 Monterey Road, Los Angeles, CA 90042View this property at 5622 Monterey Road, Los Angeles, CA 90042
5622 Monterey RoadLos AngelesCA90042
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Property Description
Looking for a great investment? Look no further! This is a phenomenal opportunity to acquire a 4-unit complex which consist of 2 Separate buildings, Main on Monterey (5622) Consists Of 3 Units One 2+1; Two 1+1(One Vacant). The 2nd Building is Single Family Res(Vacant) On Coleman, It Has 1bed+1bath with small office, a Circular Driveway(the eastern edge of the circular driveway has shared access with neighbor), back yard with an oversized storage shed. The property is located in the Hermon area of Highland Park, close to great restaurants, parks, and transit options to downtown LA. An ideal property that offers investors a substantial value add opportunity. Delivered with 2 vacant units. DO NOT DISTURB TENANTS OR WALK ON PROPERTY.
Full Property Details
Full Property Details for 5622 Monterey Rd
General
- Sold For: $1,100,000
- Status: Closed
- Type: Multi-Family
- MLS ID: CV22238747
- Added to Site: 554 day(s) ago
Rooms
Other Rooms
- Laundry: In Garage
Additional Information
- Pool Description: None
Location
- Area: 632 - Highland Park
- County: Los Angeles
- Development Name: 632 - Highland Park
- Driving Directions: Monterey & Coleman
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Square Feet: 2,662
- Year Built: 1947
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.1852
- Lot Size Source: Assessor
- Zoning: LARD1.5
- Lot Description: 2-5 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $413.22
- Price Per Unit: 275000
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
Listed by eHomes, Alberto Hernandez
Sold by Keller Williams World Media Center, Joylyn Spencer
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Schools
Schools serving 5622 Monterey Rd
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
5507 Bushnell Way, Los Angeles, CA 90042 | K-5 | 0.2 mi | |
820 N Avenue 54, Los Angeles, CA 90042 | 9-12 | 1.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5622 Monterey Rd
Date
Details
Price
Change
Source
5/16/2023
Sold
$1,100,000
—
MLS
3/06/2023
Price Reduced
$1,100,000
-2.22%
MLS
3/03/2023
Price Increased
$1,125,000
2.27%
MLS
11/09/2022
Listed
$1,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5622 Monterey Road, Los Angeles, CA 90042 (MLS# CV22238747) is a Multi-Family property that was sold at $1,100,000 on May 16, 2023. Want to learn more about 5622 Monterey Road? Do you have questions about finding other Multi-Family real estate for sale in Highland Park? You can browse all Highland Park real estate or contact a Coldwell Banker agent to request more information.