UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,982 sqft
Price per Sqft $385
MLS Listing ID OC-26162752
Style Traditional
Year Built 1958
Lot Size 6,741 Sqft
Property Sub-Type Quadruplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
occupied 4 unit property in a strong rental market of
in the city of El Monte with NO local rent control.
This two story apartment consists of (2) 2 bedroom
and (2) 1 bedroom units offering a good unit mix for
the area. Plus there's tons of yard space, a laundry
and storage room in the rear, and a wide carport
structure for dedicated parking for each unit.
The entire property sits on a 6,741sf sized lot with R3
zoning, offering tons of potential for an ADU
conversion, create additional parking, and maximize
rents in the future.
Good Location in El Monte North of the 10 fwy, near
San Gabriel Valley Airport, Rosemead, local shops &
restaurants. ACTUAL 5.2% CAP RATE 13.3 GRM!
Location
State CA
County Los Angeles
Area 619 - El Monte
Interior
Interior Features Ceiling Fan(s)
Heating Wall Furnace
Flooring Carpet, Laminate, Tile
Fireplaces Type None
Laundry Gas Dryer Hookup, Individual Room, Washer Hookup
Exterior
Parking Features Carport, Concrete, Driveway
Pool None
Community Features Curbs, Street Lights
Utilities Available Sewer Available, Water Available, Cable Available, Electricity Not Available, Natural Gas Available, Phone Available
View Y/N No
View None
Building
Lot Description Front Yard, Landscaped, Lawn, Sprinkler System, 2-5 Units/Acre, Back Yard
Sewer Public Sewer
Nearby Locations
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900