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- ML#CV20180377
- TypeIncome
- CountyLOS ANGELES
- CityEl Monte
- AreaEl Monte
- Zip91732
- Style
- Price$ 1,500,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3919
- Lot Size0.44 Acres
Listing Provided Courtesy Of:
KRISTOPHER GERMAN with RE/MAX 2000.
Property Description
5+% CAP Rate in the San Gabriel Valley! We are pleased to exclusively offer for sale this multi-family investment opportunity located in the highly sought after rental community of North El Monte. The current owner initially purchased this 8 unit property 30+ years ago with all units situated as they are today, but title reflects a total of 6 units. (Buyer and buyer's agent to satisfy themselves with respect to the legal # of units and legal square footage). The unit mix is composed of 1(3Bed/1Bath)SFR, 1(2Bed/1Bath) SFR, 3(2Bed/1Bath)s, 1(1Bed/1Bath), & 1(2Bed/1Bath) -NC, 1(1Bed/1Bath) - NC. All 8 units are distributed across 4 separate single story structures situated on a 18,957 SqFt Lot. This investment is being offered at a current 5.06% CAP Rate and 13.2 GRM (all rent collections are current.)
Price History | |
---|---|
9/1/2020 | Listed $1,500,000 |
General Features
Attached Structure | Attached |
---|---|
Carport Spaces | 3.00 |
Community Features | Curbs, Gutters, Sidewalks |
Directions | North of I-10, West of I-605; Near the Intersection of Whistler Ave & Exline St |
Garage Spaces | 0.00 |
Levels | One |
Listagentaor | Citrus Valley |
Listing Agent | KRISTOPHER GERMAN - BRE#01800021 |
Listing Agent State License | 01800021 |
MLS Area | 619 - El Monte |
Parking Features | Assigned |
Pool Features | None |
Price Per Square Foot | 382.75 |
Property Attached Y/N | Yes |
Sewer | Public Sewer |
Source System | CRMLS |
Special Listing Conditions | Standard |
Total Units | 8 |
Zoning | EMR3YY |
Interior Features
1st Bedroom Area Unit Type | Square Feet |
---|---|
2nd Bedroom Area Unit Type | Square Feet |
3rd Bedroom Area Unit Type | Square Feet |
Common Walls | 1 Common Wall |
Laundry Features | None |
Studio Area Unit Type | Square Feet |
Total Stories | 1 |
Exterior Features
Building Area Total | 3919.00 |
---|---|
Lot Features | 6-10 Units/Acre, Lot 10000-19999 Sqft |
Lot Size Acres | 0.4352 |
Lot Size Area | 18957.0000 |
Lot Size Source | Assessor |
Lot Size Square Feet | 18957.00 |
Lot Size Units | Square Feet |
Number of Buildings | 4 |
Number of Separate Electric Meters | 6 |
Number of Separate Gas Meters | 6 |
Number of Separate Water Meters | 1 |
Parking Y/N | Yes |
Total Parking | 8.00 |
Uncovered Spaces | 5.00 |
Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool