$1,900,000
$1,999,500
5.0%For more information regarding the value of a property, please contact us for a free consultation.
0.41 Acres Lot
SOLD DATE : 06/21/2019
Key Details
Sold Price $1,900,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC19002995
Sold Date 06/21/19
HOA Y/N No
Year Built 1958
Lot Size 0.410 Acres
Acres 0.41
Property Description
16 Bedrooms / 10 Bathrooms!!!! This is a One of A Kind Opportunity!! This property consist of 4 homes on one lot each with their own 2 car garage and separate enclosed yards. Net Operating Income is $100,940. Total Actual Monthly Rent $10,750 and only Monthly Expenses are: $50 Gardener & $180 Trash!! The front 2 homes are 4 bedrooms 2 baths with detached 2 car garages. These homes are existing but have been thoroughly renovated with brand new roof, central ac/heat, windows, appliances and tile flooring. The detached garages are new contraction. As you drive to the back of the property you will notice brand new construction 2 story townhouse with attached 2 car garages. Each townhouse features 4 bedrooms 3 baths. They have central a/c heat, laminate flooring, designer tile, white shaker custom kitchens with quartz countertops, and stainless steel appliances. The master bedrooms have a view, walk-in closets, and large showers. Each of the 4 homes are separately metered for gas, water, and power. All 4 sewer, gas, and water lines , including site drain line have been replaced. This is a must SEE! All Units are currently occupied Actual Gross Income is $129,000!!
Location
State CA
County Los Angeles
Area 657 - So. El Monte
Zoning SER3*
Rooms
Ensuite Laundry Inside
Interior
Laundry Location Inside
Heating Central
Fireplace No
Laundry Inside
Exterior
Garage Spaces 8.0
Garage Description 8.0
Pool None
Community Features Curbs
Roof Type Composition
Total Parking Spaces 8
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 8104023003
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with Sossi Gabriel • Nova Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
Scott Greenspan
Broker Owner