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Buy a houseat 506 S Ynez Avenue, Monterey Park, CA 91754

$895,000

$927,000 (-3.45%)

$0/mo

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Residential

1,144 Sq. Ft.

3,977 Sq. Ft. lot

3 Bedrooms

2 Bathrooms

365 Days on market

AR23077795 MLS ID

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About 506 S Ynez Avenue house

INVESTORS LOVE THIS ONE. Rent out the front house for $2,900. Then if you add on the ADU and rent that for $1,600. You would bring in $54,000 per year gross. That would make the value here over $1,000,000 (one million). Enjoy life with downtown conveniences in a suburban environment. Welcome to your dream home located steps away from everything you need! Safety is priority in this neighborhood, so you'll find both the police and fire station a few blocks away making this an extremely safe and secure community. For those who love the outdoors to exercise or simply relax, Barnes Park is a short distance from your front door. Repetto Elementary School is a stone's throw away for those who need schooling. Public transportation is widely available on Atlantic Blvd which is a short distance away where you will also find the Monterey Park Mall and NBC Seafood. This home gives you the possibility of converting the current garage into an accessory dwelling unit (ADU) with no replacement parking required due to the proximity of public transportation on Atlantic Blvd. This charming home already has your name on it so don't miss out on the opportunity to make this your home sweet home!
INVESTORS LOVE THIS ONE. Rent out the front house for $2,900. Then if you add on the ADU and rent that for $1,600. You would bring in $54,000 per year gross. That would make the value here over $1,000,000 (one million). Enjoy life with downtown conveniences in a suburban environment. Welcome to your dream home located steps away from everything you need! Safety is priority in this neighborhood, so you'll find both the police and fire station a few blocks away making this an extremely safe and secure community. For those who love the outdoors to exercise or simply relax, Barnes Park is a short distance from your front door. Repetto Elementary School is a stone's throw away for those who need schooling. Public transportation is widely available on Atlantic Blvd which is a short distance away where you will also find the Monterey Park Mall and NBC Seafood. This home gives you the possibility of converting the current garage into an accessory dwelling unit (ADU) with no replacement parking required due to the proximity of public transportation on Atlantic Blvd. This charming home already has your name on it so don't miss out on the opportunity to make this your home sweet home!

Property details

Bathrooms

2 full bathrooms

2 total bathrooms

2 bathrooms on main level

Bedrooms

3 total bedrooms

3 bedrooms on main level

Building

1 total stories

Built in 1955

Stories: 1

1,144 sqft living area

No Common Walls

One

House

Community

Curbs

Park

Storm Drain(s)

Street Lights

Suburban

Sidewalks

Cooling

Central Air

Fireplaces

Living Room

Garage

2 garage spaces

Heating

Central

Interior Features

All Bedrooms Down

Laundry

Washer Hookup

Gas Dryer Hookup

Listing

Listing ID: AR23077795

Property Subtype: Single Family Residence

88 days on market

Listed on 2023-05-05

Location

County: Los Angeles

Lot

3977 sqft

0.0913 acres

Area: 3977

0-1 Unit/Acre

Front Yard

Garden

Parking

2 total parking spaces

Property

Single unit

Neighborhood

Schools

Elementary School: Repetto

High School: Mark Keppel

High School District: Alhambra

Sewer

Public Sewer

Monthly cost

Estimated monthly cost

$5,703/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$841,300

+$26,850

$868,150

Seller agent commission$26,850 (3%)*

$0 (0%)

Buyer agent commission$26,850 (3%)*

$26,850 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $26,850 more selling your home
with an Unreal Estate agent

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Unreal Estate checked: May 4, 2024 at 9:14 p.m.

Data updated: Aug 1, 2023 at 2:05 p.m.

Property listed by Standard Prosperity, James Kuang
Based on information from California Regional Multiple Listing Service, Inc. as of 08/01/2023 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing Information © 2024 California Regional MLS. All Rights Reserved.

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