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Huge opportunity for investors to get into CA’s ever lasting hot rental market!! This 13 bedrooms, 7-units complex (2 bed/1 bath: 6 units, & 1 bd/1 bath) sprawls on a 6,046 sqft of living space, has a common laundry area, parking in the back and the front, and conveniently located near the Garvey commercial business; business district and Potrero Elementary. Remodeled between 2017/2018, the property is well kept and features upgradessuch as a newly installed roof, newer bathrooms and kitchens, carpets, and a new electrical panel. Renters are on a yearly lease basis and the leaseswill be transferred to the buyer(s). The chance to become an investor/landlord in California is becoming few and far in between. This one is no exception to the rule and is expected to go fast!
Property Type(s):
Residential Income
| Last Updated | 11/16/2024 | Year Built | 1962 |
|---|---|---|---|
| Community | El Monte | County | Los Angeles |
Price History
| Prior to Nov 16, '24 | $1,990,000 |
|---|---|
| Nov 16, '24 - Today | $1,900,000 |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | El Monte |
| CONSTRUCTION | Drywall |
| HEAT | Wall Furnace |
| LOT | 8504 sq ft |
| LOT DESCRIPTION | 0-1 Unit/Acre, Garden |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| UTILITIES | Electricity Connected,Natural Gas Connected,Sewer Connected |
| WATER | Public |
Location
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Listed with NextGen Team Realty
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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