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$1,999,000
Est. payment /mo
0.28 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250031917
Lot Size 0.283 Acres
Acres 0.28
Property Description
Exceptional 8-Unit Multi-Family Investment in El Monte. This outstanding 8-unit multi-family property presents a rare investment opportunity across four separate duplex buildings. Four 2 bed/1 bath units, and four 1 bed/1 bath units. Each of the eight units offers comfortable living and ample natural light, appealing to a wide range of tenants. Great upside potential with projected estimated market rents for 2-bedroom units are around $2,040/month and 1-bedroom units about $1,620/month. There's significant value-add potential through cosmetic upgrades or exploring ADU additions. Its prime location ensures easy access to major freeways, public transportation, diverse dining, shopping centers, parks, and schools. This property offers a compelling investment with significant upside. Don't miss your chance to acquire this income-generating property in a thriving Southern California community. Contact us today for details and a private showing!
Location
State CA
County Los Angeles
Area El Monte (91732)
Zoning EMR1B
Building
Story 1
Others
Space Rent $75,150
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Listed by Brian P Cane • Keller Williams La Jolla
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Ian Collins, MBA
Team Lead / Agent | CA DRE# 0202209201858943
Team Lead / Agent CA DRE# 0202209201858943