601 W Riggin Street, Monterey Park, Los Angeles County, CA, 91754 Silicon Valley CA US

Welcome to an exceptional investment opportunity in the highly desirable area ofMonterey Park. This impressive triplex features three separate units, with two unitsoffering 2 bedrooms and 1 bathroom each, and the third unit with 1 bedroom and 1bathroom. The units have unique layouts, and they all come with long-term tenants,ensuring a steady stream of income. The total living space of nearly 2,500 square feetand the over 8,000 square feet lot size provide plenty of space for comfortable living.The detached garage with 3 parking spaces and extra storage space offersconvenience and security for tenants. The property generates a rental income of $5,100per month, with potential to increase further to market rent. Additional income can begenerated from leasing out the extra parking space and storage shed. These featuresmake this an ideal investment opportunity for investors looking to earn stable passiveincome.The location of this triplex offers easy access to major freeways such as the 60 and 10,as well as local amenities, including shopping centers, restaurants, schools, andcollege. Tenants can enjoy a comfortable living experience in well-maintained livingspaces with plenty of natural light and ample closet space. The backyard is a good size,providing ample space for outdoor activities such as barbecues.This triplex sits on a large lot, allowing for potential expansion or development, making itan excellent investment opportunity. With a desirable location and the potential forincreased rental income, this investment property is not to be missed. Don't miss yourchance to own this fantastic investment property and take advantage of the rentalmarket's increasing demand in the City of Monterey Park. Find out more about this property. Request details here