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Key Details
Sold Price $1,480,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 3,522 sqft
Price per Sqft $420
MLS Listing ID WS24054628
Sold Date 05/10/24
HOA Y/N No
Year Built 1962
Lot Size 0.412 Acres
Property Description
Attention investors! Don't miss this extraordinary investment opportunity in the bustling city of El Monte. This 4-unit income property sits on a spacious 17,929 sqft lot and offers 3,522 sqft of well-maintained living space. Several units have been recently updated, increasing the property's appeal and reducing future upkeep. Each unit is equipped with washer and dryer hook-ups, adding an extra layer of convenience for tenants. Ample parking is a huge plus, 3 units have attached garages, and 1 unit has a 2-car carport. Located near major transportation routes, the property promises steady tenant demand and numerous options for future development, making it a high-yield asset with significant upside potential.
Location
State CA
County Los Angeles
Area 619 - El Monte
Zoning EMR3YY
Rooms
Ensuite Laundry In Garage
Interior
Laundry Location In Garage
Fireplace No
Laundry In Garage
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Street Lights
Total Parking Spaces 6
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 8549006018
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with JASON WEI • RE/MAX PREMIER/ARCADIA
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