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Key Details
Sold Price $1,115,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR24160180
Sold Date 10/01/24
Bedrooms 4
HOA Y/N No
Lot Size 7,040 Sqft
Property Description
Tastefully renovated home with permitted ADU. Main house 5 bedrooms 3 baths 1,930SF can be easily split into 2-3 units with individual entries; Plus newly permitted ADU 360 SF above the 2-car detached garage, easily make it 4-unit rental property. Remodeled kitchens & baths with Quartz counter top and quality cabinets; Laminate flooring throughout the house; open floor plan, bright and airy; double pane windows, central A/C; patio cover and cozy backyard. Laundry in garage; Solar panel help reducing energy cost. With short term rentals, the property currently generates over $10,000/month in revenue!!!! CASH COW! CAP RATE up to 9.15%!!! Great investment property; or live in one, rent the rests for additional income. 2-car garage + 5 parking spaces in front yard; Quiet neighborhood, walking distance to elementary school; easy freeway access. HUGE return on your money!!! Last property at the end of a long driveway.
Tastefully renovated home with permitted ADU. Main house 5 bedrooms 3 baths 1,930SF can be easily split into 2-3 units with individual entries; Plus newly permitted ADU 360 SF above the 2-car detached garage, easily make it 4-unit rental property. Remodeled kitchens & baths with Quartz counter top and quality cabinets; Laminate flooring throughout the house; open floor plan, bright and airy; double pane windows, central A/C; patio cover and cozy backyard. Laundry in garage; Solar panel help reducing energy cost. With short term rentals, the property currently generates over $10,000/month in revenue!!!! CASH COW! CAP RATE up to 9.15%!!! Great investment property; or live in one, rent the rests for additional income. 2-car garage + 5 parking spaces in front yard; Quiet neighborhood, walking distance to elementary school; easy freeway access. HUGE return on your money!!! Last property at the end of a long driveway.
Location
State CA
County Los Angeles
Area El Monte (91732)
Zoning Assessor
Interior
Heating Natural Gas
Cooling Central Forced Air
Exterior
Exterior Feature Stucco
Building
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 1 Story
Others
Monthly Total Fees $52
Acceptable Financing Conventional, Exchange
Space Rent $4,000
Listing Terms Conventional, Exchange
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Bought with Richard Bowen • MITCHELL REALTY CO.