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 package
Property Details
Price:
$1,400,000
MLS #:
IG24165317
Status:
Active Under Contract
Baths:
0
Address:
10813 Elliott Avenue
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
619elmonte
City:
El Monte
Listed Date:
Aug 9, 2024
State:
CA
ZIP:
91733
Lot Size:
6,172 sqft / 0.14 acres (approx)
Year Built:
1959
See this Listing
Mortgage Calculator
Schools
Interior
Appliances
Dishwasher, Gas Range, Water Heater
Cooling
Wall/ Window Unit(s)
Fireplace Features
None
Heating
Wall Furnace
Interior Features
Quartz Counters
Window Features
Double Pane Windows
Exterior
Community Features
Sidewalks, Street Lights
Garage Spaces
0.00
Lot Features
Front Yard
Parking Spots
4.00
Pool Features
None
Roof
Rolled/ Hot Mop
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer
Public Sewer
Spa Features
None
Stories Total
2
View
None
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
Electricity, Gas
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Map
Community
- Address10813 Elliott Avenue El Monte CA
- Area619 – El Monte
- CityEl Monte
- CountyLos Angeles
- Zip Code91733
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Courtesy of Keller Williams Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
10813 Elliott Avenue
El Monte, CA
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