El Monte, CA 91733,2668 Santa Anita Ave
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El Monte, CA 91733,2668 Santa Anita Ave
El Monte, CA 91733,2668 Santa Anita Ave
El Monte, CA 91733,2668 Santa Anita Ave
El Monte, CA 91733,2668 Santa Anita Ave

$4,340,000

Est. payment /mo

$4,500,000

3.6%
Est.Price: ?

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2668 Santa Anita Ave El Monte, CA 91733

32 Beds

30 Baths

14,964 SqFt

SOLD DATE : 09/09/2022

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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TheMLS (CLAW)
Listed by Remax Commercial and Investment Realty
Bought with RICHTOWN REALTY
George Salazar

George Salazar

Agent | License ID: 00884017

+1(310) 400-6756

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