2-Unit Multifamily






231 Elizabeth features two buildings on one 8,981 Sq. Ft. lot. Each unit has 2 bedrooms and 1 bathroom. The front unit enjoys a spacious front yard and a detached 2-car garage. The back unit enjoys ample driveway space and a backyard area. The subject property is conveniently located near the 10 freeway, a major thoroughfare to Downtown Los Angeles and the 605 freeway. Nearby schools include Arlene Bitely Elementary, Richard Garvey Intermediate, and Mark Keppel High School. This is a perfect add value opportunity to rehab the property. The property will require a full remodel of the back house to bring up to code and living condition. The front house needs to be updated to maximize the rent potential.

Property Type: Multifamily
Building Size: 1,740 Sq. Ft.
Units: 2
Lot Size: 8,981 Sq. Ft.
Price: $650,000
Price Per Sq Ft: $373.56
Address: 231 Elizabeth Ave.
City: Monterey Park
State: CA
Zip: 91755
Status: Closed
Year Built: 1915
Parking: Garage & Space