15574 Garo Street
15574 Garo Street
$1,870,000
11
10
4,724
4,724
$396
Description
This property offers a remarkable investment opportunity. Situated on an expansive lot of over 20,000 square feet, it offers the flexibility to reside in one room or unit while renting out other rooms; allows for flexible living arrangements. Additionally, the property boasts a generous driveway that can easily accommodate more than 15 vehicles, a rare find at this price point. Notably, a detached dwelling unit was created from a 4-car garage on January 17, 2023, resulting in 4,724 square feet of...This property offers a remarkable investment opportunity. Situated on an expansive lot of over 20,000 square feet, it offers the flexibility to reside in one room or unit while renting out other rooms; allows for flexible living arrangements. Additionally, the property boasts a generous driveway that can easily accommodate more than 15 vehicles, a rare find at this price point. Notably, a detached dwelling unit was created from a 4-car garage on January 17, 2023, resulting in 4,724 square feet of permitted living space. Currently generating $9,800 per month in rental income, this property has room for rent increases under new ownership. Most rooms come with their own bathrooms, making it suitable for personal residence, investment, or rental purposes. Furthermore, it might serve as a profitable nursing home or travel agency, making decent cash flow. There is also the potential to use a portion of the home as in-law quarters or for a large family. Conveniently located near schools, libraries, medical facilities, restaurants, and with easy access to major freeways (60, 605, 10, and 57), this property offers convenient accessibility. For security reasons, please avoid attempting to access the premises without prior written communication. Viewing are exclusively available for accepted offers. It's crucial to note that this property is situated on an unpaved private road. Please ensure your client is comfortable with this arrangement before proceeding. We want to make sure that your efforts and your client's expectations are aligned, preventing issues or misunderstandings down the line. Transparency now will prevent potential issues later, ensuring a smooth transaction. Thank you for considering this remarkable investment opportunity. We believe this property offers not only financial potential but also versatility that can suit various needs. Please reach out with any questions or to schedule a viewing. We look forward to assisting you in making a sound investment decision.
- Listed by Francis Min • DRE #01312403 • Hana Management • 6269915555
Property Details for 15574 Garo Street
Parking Spaces Total
2
Private PoolNo
Total Units2.0
Building TypeAttached
Lot Size SourceAssessor
Living Area4724
Assessor Parcel Number8219-002-067
Property Attached YNtrue
Location
LISTING UPDATED: 02/17/2024 09:44 AM
Property Details for 15574 Garo Street
Status | Active |
---|---|
MLS # | TR23165467 |
Days on Market | 174 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1952 |
Lot Size | 0.49 AC / 21,270 SF |
County | Los Angeles County |
Location
Building Information for 15574 Garo Street
Stories1Residences-Year Built1952Building Size-Lot Size0.49 AC / 21,270 SF
Payment Calculator
$11,235 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 15574 Garo Street
Property History for 15574 Garo Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 15574 Garo Street
Taxable ValueLand$446,206Additions$560,803Total$1,007,009
Tax Record2023$12,355 ($1,030 / month)
Home Facts
Beds9Total Finished SqFt3,592 SqFtAbove Grade Finished SqFt3,592 SqFtStories1Lot Size21,287 SqFtStyleSingle Family ResidenceYear Built1952ZoningLCRA71/2CountyLOS ANGELESAPN8219-002-067
Schools near 15574 Garo Street
This home is within Hacienda La Puente Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Kwis Elementary School PublicK to 5 | ||
Newton Middle School Public6 to 8 | ||
Los Altos High School Public9 to 12 | ||
Puente Hills High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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