$4,340,000
$4,500,000
3.6%For more information regarding the value of a property, please contact us for a free consultation.
2668 Santa Anita Ave El Monte, CA 91733
32 Beds
30 Baths
14,964 SqFt
Key Details
Sold Price $4,340,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 14,964 sqft
Price per Sqft $290
MLS Listing ID 22-174245
Sold Date 09/09/22
Bedrooms 32
Year Built 1963
Lot Size 0.557 Acres
Acres 0.5568
Property Sub-Type Multi-Family
Property Description
We are pleased to present our exclusive listing of 15 Units located on Santa Anita Avenue in the heart of El Monte. The subject property features Oversized 2 and 3 Bedroom Two-Story Townhome Style Apartments and is comprised of (TWO) 3 Bedroom + 1.5 Bathroom Units and (THIRTEEN) 2 Bedroom + 1.5 Bathroom Units. Total rentable square footage of the building is approximately 14,964 sq. ft. (built in 1963) on a large sized lot measuring 24,254 sq. ft. zoned EMR4YY. Tenants enjoy the convenience of on-site laundry room while Landlord enjoys the additional income from the owner-owned laundry machines. This is an excellent investment opportunity that is within walking distance to Garvey Avenue. In this limited market inventory and with a substantial improvement approach, a new investor may bring this value-add potential to its rental upside of +/-42%. This property is a great asset for an exchange purchase or an investor seeking growth & stability in a desirable rental community. Property is located within a short drive to the El Monte Valley Mall & the 10 Freeway. Please Note: Buyer to Assume CHASE Loan (with an Approx. Balance of $2,194,000) at 3.25% Fixed until 11/01/2026. Contact listing agent for more details.
Location
State CA
County Los Angeles
Area South El Monte
Zoning EMR4YY
Rooms
Other Rooms None
Interior
Heating Other
Cooling Other
Equipment Other
Laundry Room
Exterior
Parking Features Garage
Garage Spaces 19.0
Building
Story 2
Others
Special Listing Condition Standard
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Bought with RICHTOWN REALTY






