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$2,999,999
Est. payment /mo
0.35 Acres Lot
UPDATED:
Key Details
Property Type Other Types
Sub Type Apartment
Listing Status Coming Soon
Purchase Type For Sale
MLS Listing ID RS26240612
HOA Y/N No
Year Built 1962
Lot Size 0.352 Acres
Property Sub-Type Apartment
Property Description
Completely remodeled 7-unit apartment building in El Monte, delivered 100% vacant and ready to go! Each unit has been fully renovated with custom white oak cabinets, brand-new flooring, quartz countertops in every kitchen, and beautiful bathrooms with ceramic tile walls and porcelain tile floors. Spacious mix of four 3-bedroom/1-bath and three 2-bedroom/1-bath units, offering a 7.55% pro forma cap rate at list price based on current Section 8 payment standards. An incredibly versatile property, perfect for sober living, transitional or shared housing, and many other income-producing ventures. Set on a large ±15,353 SF lot with a 7-car garage near shopping, schools, restaurants, parks, and freeways. A rare turnkey opportunity with no deferred maintenance. Be sure to view the photos and video tour to see the stunning finishes in every unit. Buyer to verify all information, zoning, and permitted uses with the City of El Monte.
Location
State CA
County Los Angeles
Area 619 - El Monte
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Parking Features Assigned
Garage Spaces 7.0
Garage Description 7.0
Pool None
Community Features Suburban
Utilities Available None
Total Parking Spaces 7
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Sewer Sewer Tap Paid
Water Public
New Construction No
Others
Senior Community No
Tax ID 8549010031
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard
Read Less Info

Listed by Mark Perez Circle Real Estate 562-754-0660, DRE #01279393
NEARBY SCHOOL & BUSINESS
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