Multi Family Home

$1,800,000
23 336
ft2
CENTURY 21 Masters
Listed on August 07, 2021

Description

Just listed a Great investment property! 5 single story houses sitting on a huge 23,335 Sq. Ft. flat lot in the very desirable neighborhood of El Monte. Located across Zamora Park. Each house has its own front and back yard and is individually metered for electricity and gas. Unit # 3829 (2 Bed/2 Bath, 1,031 Sq. Ft), Unit # 3829 1/2 ( 2 Bed/1 Bath, 929 Sq. Ft. has its own garage), Unit # 3831 ( 3B…
Just listed a Great investment property! 5 single story houses sitting on a huge 23,335 Sq. Ft. flat lot in the very desirable neighborhood of El Monte. Located across Zamora Park. Each house has its own front and back yard and is individually metered for electricity and gas. Unit # 3829 (2 Bed/2 Bath, 1,031 Sq. Ft), Unit # 3829 1/2 ( 2 Bed/1 Bath, 929 Sq. Ft. has its own garage), Unit # 3831 ( 3Bed/2 Bath, 1,002 Sq. Ft., has its own attached garage), Unit # 3833 (3 Bed/2 Bath, 1,264 Sq. Ft) and Unit # 3835 ( 2 Bed/1 Bath, 796 Sq. Ft., has its own garage). There is also a storage building on the property. Plenty of open parking spaces. Current Zoning is R3 with a use code for Apartment. A great future redevelopment opportunity, including ADUs. Easy access to the 60, 10, and 605 freeways. Very low maintenance, along with excellent long-term paying tenants. Always at a 100% Occupancy Rate. Low GRM of 16.70.

Amenities

Outdoor

Price Insights

Building Info

Year build
1956
Property type
House

Location

3829 Penn Mar Avenue, El Monte, CA 91732, El Monte, California, United States

Contact Agent

August Wen
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Listed by

Registered on JamesEdition
2015
Address
1169 Fairway Dr, Walnut, CA, United States
Phone Number
Listing Reference
399FB4E2-9790-41E4-98E2-A73DF659D9BA

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