$940,000
$1,200,000
21.7%For more information regarding the value of a property, please contact us for a free consultation.
8,999 Sqft Lot
SOLD DATE : 11/03/2023
Key Details
Sold Price $940,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID EV23103813
Sold Date 11/03/23
HOA Y/N No
Year Built 1950
Lot Size 8,999 Sqft
Property Description
Good opportunity for a rehab in a high demand rental area. Units need to be remodeled. They have had plumbing, sewer and gas lines replaced in some units. Owner has raised the rents to $950 for a one bedroom, $1,250 for a two bedroom, but this is still low for the area. There is upside in the rents. Owner will work with buyer to give tenants incentives to have them vacate for rehab work.
Location
State CA
County Los Angeles
Area 619 - El Monte
Zoning SER3*
Interior
Interior Features All Bedrooms Down
Heating Wall Furnace
Flooring Wood
Fireplace No
Laundry Gas Dryer Hookup, Inside, In Kitchen, Laundry Room
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Suburban
Total Parking Spaces 3
Private Pool No
Building
Lot Description 2-5 Units/Acre, Level, Rectangular Lot
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 8104022013
Acceptable Financing Cash, Cash to New Loan, Conventional, FHA 203(b)
Listing Terms Cash, Cash to New Loan, Conventional, FHA 203(b)
Financing Cash
Special Listing Condition Standard
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Bought with TYREL SUTHERLAND • KELLER WILLIAMS BBLA