Just Listed 4 Units El Monte PRICED TO SELL! Outstanding value-add opportunity in the heart of El Monte, featuring four single-story units across three separate structures on an expansive 15,826 sq. ft. lot. The property offers 2,693 rentable sq. ft. comprised of: a detached 2-Bed/1-Bath cottage, a detached 1-Bed/1-Bath cottage, and a duplex consisting of a 2-Bed/1-Bath unit and 1-Bed/1-Bath unit. All units are separately metered for electricity and gas, while the owner pays for water and trash. Tenants enjoy ample onsite open parking and the privacy of single-story living. With no local city rent control ordinance and an incredible 80% upside in rental income, this property presents tremendous potential for investors seeking cash-flow growth and long-term appreciation. Priced to sell, this is an opportunity you won’t want to miss in one of the San Gabriel Valley’s most stable rental markets. The property is currently tenant occupied and will be delivered with tenants in place.
Listing courtesy of Listing Agent: Kristopher German (kris@theapartmentdealer.com) from Listing Office: RE/MAX 2000 REALTY.
Listing sold by Kristopher German from RE/MAX 2000 REALTY
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.