UPDATED:
Key Details
Property Type Townhouse
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,957 sqft
Price per Sqft $408
MLS Listing ID CV-26168448
HOA Fees $293
Year Built 2021
Property Sub-Type Townhouse
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Outstanding opportunity to own a newer construction investment property in the highly desirable gated Horizons Community. Built in 2021, this spacious 4-bedroom, 4-bathroom corner-unit townhome offers approximately 1,957 square feet with an estimated market rental value of approximately $4,500 per month, making it an attractive addition to any real estate portfolio.
What truly sets this property apart are its exceptionally low ownership costs. Investors will appreciate the low approximate 1.25% property tax rate, HOA dues of only $293 per month (including trash service), fully paid solar with an average electric bill of approximately $50 per month, estimated homeowner's insurance of approximately $100 per month, and no Mello-Roos.
The versatile floor plan features four bedrooms and four bathrooms, including a desirable first-floor bedroom and full bathroom, appealing to a wide range of tenants. Interior upgrades include luxury vinyl plank flooring, quartz countertops, stainless steel appliances, a large center island, dual-zone HVAC, tankless water heater, private balcony, and an attached two-car garage with direct access and EV charger pre-plumbing.
Residents enjoy a professionally managed gated community featuring BBQ areas, picnic spaces, playground, fire pit, dog walking areas, and beautifully landscaped grounds. Convenient access to shopping, restaurants, major freeways, schools, and employment centers supports strong long-term rental demand.
Ideal for buy-and-hold investors, 1031 exchange buyers, or anyone seeking a newer, low-maintenance investment property with attractive long-term appreciation potential.
Investment Snapshot
List Price: $799,000
Estimated Market Rent: Approximately $4,500/month*
Low Approximate Property Tax Rate: 1.25%
HOA: $293/month (includes trash)
Average Solar/Electric: Approximately $50/month
Estimated Insurance: Approximately $100/month
Fully Paid Solar
Built in 2021
No Mello-Roos
Largest Floor Plan
4 Bedrooms | 4 Bathrooms
Excellent 1031 Exchange Opportunity
*Estimated market rent is based on current market conditions and is provided for informational purposes only. Buyers are encouraged to independently verify rental potential and operating expenses.
Location
State CA
County Los Angeles
Area 657 - South El Monte
Interior
Heating ENERGY STAR Qualified Equipment
Flooring Vinyl
Fireplaces Type None
Laundry Dryer Included, In Closet, Upper Level, Washer Included
Exterior
Exterior Feature Awning(s)
Parking Features Permit Required
Garage Spaces 2.0
Pool None
Community Features Dog Park
Utilities Available Sewer Connected, Water Connected, Natural Gas Connected
View Y/N No
View None
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
Nearby Locations
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900