$1,870,000

15574 Garo Street, Hacienda Heights 91745

11

Beds

10

Baths

21,270

Lot Size

2

# Of Units

Listing Agent
Francis Min - Hana Management

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.

Facts & Features

MLS® # TR23165467
Price $1,870,000
Bedrooms 11
Bathrooms 10.00
Lot Size 21,270
Year Built 1952
Type Residential Income
Sub-Type Single Family Residence
Status Active
# Of Units 2

Community Information

Address 15574 Garo Street
Area 631 - Hacienda Heights
City Hacienda Heights
County Los Angeles
Zip Code 91745

Amenities

Parking Spaces 2
Parking Assigned, Carport
Garages Assigned, Carport
Is Waterfront No
Has Pool No
Pool None

Interior

Heating Central
Has Basement No
Fireplace No
Fireplaces None
# of Stories 1
Stories One

Exterior

Lot Description 0-1 Unit/Acre

Additional Information

Date Listed October 7th, 2023
Days on Market 180
Zoning LCRA71/2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentFrancis Min
OfficeHana Management

Listing Map

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