$950,000
$998,000
4.8%For more information regarding the value of a property, please contact us for a free consultation.
10 Beds
4 Baths
8,319 Sqft Lot
SOLD DATE : 07/10/2024
Key Details
Sold Price $950,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR23221986
Sold Date 07/10/24
Bedrooms 10
HOA Y/N No
Lot Size 8,319 Sqft
Property Description
$200,000 Price Adjustment!!!!Whether you're a seasoned investor or looking to start your investment portfolio, this income-generating four-unit property at 11523 Medina Court in El Monte offers the potential for long-term financial growth. Conveniently situated in a central location, this property comprises three separate buildings, offering a diverse range of rental units. With close proximity to places of worship, restaurants, shops, and local transportation this property ensures a steady stream of rental income, making it an attractive investment option. Front building consist of Unit 1 with 2 bedrooms, 1 bath, rented at $1,000 and Unit 2 with 3 bedrooms, 1 bath, rented at $1,500. Rear second building consist of Unit 3 with 3 bedrooms, 1 bath, rented at $1,4000. Separate third building consist of Unit 4 with 2 bedrooms, 1 bathroom, rented at $1,000. Please do not disturb the tenants as this is a drive by only subject to interior inspection.
$200,000 Price Adjustment!!!!Whether you're a seasoned investor or looking to start your investment portfolio, this income-generating four-unit property at 11523 Medina Court in El Monte offers the potential for long-term financial growth. Conveniently situated in a central location, this property comprises three separate buildings, offering a diverse range of rental units. With close proximity to places of worship, restaurants, shops, and local transportation this property ensures a steady stream of rental income, making it an attractive investment option. Front building consist of Unit 1 with 2 bedrooms, 1 bath, rented at $1,000 and Unit 2 with 3 bedrooms, 1 bath, rented at $1,500. Rear second building consist of Unit 3 with 3 bedrooms, 1 bath, rented at $1,4000. Separate third building consist of Unit 4 with 2 bedrooms, 1 bathroom, rented at $1,000. Please do not disturb the tenants as this is a drive by only subject to interior inspection.
Location
State CA
County Los Angeles
Area El Monte (91731)
Zoning Public Rec
Interior
Cooling Wall/Window
Building
Lot Description Curbs, Sidewalks
Story 1
Lot Size Range 7500-10889 SF
Level or Stories 1 Story
Others
Monthly Total Fees $92
Acceptable Financing Cash, Conventional
Space Rent $1,400
Listing Terms Cash, Conventional
Financing Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Ash Rizk • Coldwell Banker Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "