11106 Klingerman Street, El Monte, CA 91733 - MLS#CV25178491

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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 1,395,000

Est. payment | -/mo

8 Beds

4 Baths

Save

$ 1,395,000

Est. payment | -/mo

Save

8 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV25178491

Bedrooms 8

Property Sub-Type Res Income 2-4 Units

Property Description

Outstanding investment opportunity in the heart of the strong San Gabriel Valley rental market! This multi-family property offers all spacious 2-Bed/1-Bath units totaling 5,200 rentable square feet on a 6,705 square foot lot. With no local city rent control and a 30% upside in rental income, theres tremendous potential to boost cash-flow and long-term value. Tenants enjoy desirable amenities including gated private parking, interior laundry hookups, and copper plumbing throughout. At an attractive price of only $232,000 per unit, the property is positioned to deliver strong returns with a current CAP Rate of 5.56% & GRM of 11.87...and it only gets better from there. Seller is motivated and priced to selldont miss this rare chance to acquire a quality asset in one of Southern Californias most sought-after rental markets!

Location

State CA

County Los Angeles

Zoning Assessor

Direction South of Garvey Ave. West of Peck Rd

Interior

Cooling Wall/Window

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 8105019019

Listed by Kristopher German RE/MAX 2000 REALTY

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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11106 Klingerman Street El Monte, CA 91733