Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1949
Sq.Footage
N/A
Just Listed 4 Units El Monte PRICED TO SELL! Outstanding value-add opportunity in the heart of El Monte, featuring four single-story units across three separate structures on an expansive 15,826 sq. ft. lot. The property offers 2,693 rentable sq. ft. comprised of: a detached 2-Bed/1-Bath cottage, a detached 1-Bed/1-Bath cottage, and a duplex consisting of a 2-Bed/1-Bath unit and 1-Bed/1-Bath unit. All units are separately metered for electricity and gas, while the owner pays for water and trash. Tenants enjoy ample onsite open parking and the privacy of single-story living. With no local city rent control ordinance and an incredible 80% upside in rental income, this property presents tremendous potential for investors seeking cash-flow growth and long-term appreciation. Priced to sell, this is an opportunity you won’t want to miss in one of the San Gabriel Valley’s most stable rental markets. The property is currently tenant occupied and will be delivered with tenants in place.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Fireplace YN
NO
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
Assigned, Paved
-
Pool
Yes
-
Pool Features
None
-
View
None
Area & Lot
-
Lot Size(acres)
0.3633
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
Price
-
Sales Price
$875,000
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
8105
-
Water Source
Public
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Kristopher German , RE/MAX 2000 REALTY
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