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413 W Riggin Street

Monterey Park, CA 91754

– beds
– baths
– sqft
6,306 sqft lot
1949 build
– on site

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413 W. Riggin is a fully-occupied duplex with rents averaging approximately $800/month per unit - and will be delivered fully-occupied with the existing tenants. It is a prime Value-Add Duplex Ripe for Repositioning. This property prospective investor an opportunity to implement a value-add strategy in order to significantly reposition the property. The Property has Accessory Dwelling Unit Potential in the rear of the property (Buyer to Verify). Excellent Unit Mix of all 2BR Units: Both units at the property are two-bedroom units averaging almost 900 SF per unit.

Listed By CRMLS_CA / Everett Wong / Greysteel California, Inc. / 310-382-6705

Last checked: Checking… • Last updated Dec 11, 2024 •

MLS# PW24219325 —

The Building

Year Built:

1949
Year Built Source:

Public Records
New Construction:

No
Building Area Total:

1768.00
Building Area Units:

Square Feet
Total Number Of Units:

2
# of Buildings:

1
Stories Total:

1
Entry Level:

1
Common Walls:

No Common Walls
# of Separate Gas Meters:

2
# of Separate Water Meters:

1
# of Separate Electric Meters:

2

Interior

Entry Location:

Front
Laundry:

Inside
Laundry:

1

Financial & Terms

Disclosures:

Rent Control

Location

Directions:

On Riggin Between Garfield and Findlay
Latitude:

34.03693100
Longitude:

-118.13670200

The Property

Property Type:

Residential Income
Subtype:

Duplex
Zoning:

MPR2*
Lot Features:

0-1 Unit/Acre
Lot Size Area:

6306.0000
Lot Size Acres:

0.1448
Lot Size SqFt:

6306.00
Lot Size Source:

Assessor
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

4827.01
Tax Tract:

15673
Tax Lot:

257

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5273014028

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Neighborhood:

Monterey Park
Features:

Urban
Pool:

None
Senior Community:

No
Private Pool:

No

Parking

Parking Spaces:

2.00
Garage Spaces:

2.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
12/11/24 Dec 11, 2024	Sold	CRMLS_CA	$805,000	15.0%
11/14/24 Nov 14, 2024	Pending	CRMLS_CA	$700,000
10/22/24 Oct 22, 2024	Listed / Active	CRMLS_CA	$700,000

Multifamily Sold on 12/11/2024

$805,000

Listing provided by broker:

Everett Wong

Greysteel California, Inc.

310-382-6705

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Listing Courtesy of: CRMLS_CA and Greysteel California, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of 08:22 on Dec 22.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

413 W Riggin Street

Monterey Park, CA 91754