10809 Elliott AVE El Monte, CA 91733
Active
$1,400,000
22%
4 Units
8 Beds
4 Baths
3,200 Area(sq.ft.)
6,442 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 8 | 4 | No | $ 103,200 | $ 103,200 | $ 110,400 |
| 1 | 1 | 8 | 4 | $ 103,200 | $ 103,200 | $ 110,400 |
| MLS #: | IG24164863MR |
| Days On Market: | 95 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 438 |
| Price per unit: | $ 350,000 |
| Year Built: | 1959 |
Property Details
Introducing a lucrative four-unit income property nestled in the heart of El Monte, California, conveniently positioned between the 60 Freeway , 605 Freeway & the 10 Freeway. This excellent investment opportunity boasts an array of features that make it an attractive choice for savvy investors. Just completely remodeled 1 1/2 years ago, New everything, New white shaker kitchen cabinets, New stainless steel sinks/faucetts, New Quartz counters, New range, New garbage disposal, New white faux blinds, New stoves, New paint inside/outside, New range hoods, New doors/hardware, New LVT flooring, New bathrooms to include tubs/showers, cabinet, counters, lighting, fixtures, toilets and sinks, New air conditioners with remotes, New dual sided wall heaters, New tankleess water heaters, New thermostats, New sub-panel, New electrical outlets, New sliding glass doors, New Low E dual pane windows, New landscaping, New outdoor lighting with timers, Property Details: Number of Units: 4 Unit Configuration: All units consist of two bedrooms & one bathroom, each spanning approximately 800 Sq/Ft. Flooring: New LVT flooring throughout, ensuring durability and low maintenance for the property. Tenant Stability: Current tenants have established a standing presence on the property, approx 1.5 years, providing a stable & consistent rental income stream. Additional Income Source: The property offers 3 additional assigned parking spaces. Modern Amenities: All units are equipped with wall air conditioning units, dual-sided wall furnaces ensuring comfortable living for tenants year-round. Moreover, washer dryer hookups are conveniently provided inside each unit for added convenience & desirability. Utility Configuration: Separate Electric and Gas meters for all units provide ease of management and enable tenants to have individual control over their utility expenses. . Carports: All units come with one covered carport. Spaciousness & Land: The combined square footage of all units is an impressive 3200, and the property sits on a 6442 Sq/Ft lot, offering ample outdoor space. The property presents an exceptional opportunity for an astute investor seeking a well-maintained, income-generating property in a prime location 14 miles to downtown Los Angeles and 30 miles to Santa Monica Beach.. With its established tenant base, completely remodeled units, this property promises an excellent return on investment & continued financial success. 10813 El Monte, can be sold as a porfolio packageInterested in this Listing?
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Income Details
| Rent Control: | False |
| Total Annual Expense: | $ 14,510 |
| Net Operating Income: | $ 88,690 |
| Actual Gross Rent: | $ 103,200 |
Structure
| Community Features: | Curbs, Sidewalks, Street Lights |
| Security Features: | Carbon Monoxide Detector(s) |
| Sewer: | Public Sewer |
| View Description: | None |
| Water: | Public |
Land & Parking
| Zoning: | EMR3* |
| Land Lease Type: | Fee |
Interior
| AC/Cooling: | Wall/Window Unit(s) |
| Equipment: | Gas Dryer Hookup, Inside, Washer Hookup |
| Heating: | Wall |
| Fireplace Rooms: | None |
| Laundry: | Gas Dryer Hookup, Inside, Washer Hookup |
Exterior
| Pool: | No |
| Roof: | Rolled/Hot Mop |
| Spa: | No |
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