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$ 1,550,000
Est. payment | /mo
9 Beds
6 Baths
0.32 Acres Lot
$ 1,550,000
Est. payment | /mo
9 Beds
6 Baths
0.32 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV26216151
Bedrooms 9
Lot Size 0.318 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Seller Financing Available! Exceptional opportunity to acquire a four-unit income property with seller-carried financing available to qualified purchasers. Attractive financing terms may provide an alternative to traditional investment property lending. All Financing terms are subject to seller approval, buyer qualifications, and mutually acceptable agreements. This fully occupied four-unit residential income property offers appx 3,988 sqft of total building area on a generous 13,835sqft lot with established month- to- month tenancies and current gross scheduled income. The property features a desirable mix of spacious 2-3 bedroom residences, including a rear residence with a garage, providing versatile rental configuration and strong long-term income potential. Major capital improvement already completed- roofs on all units have been replaced, offering added value and peace of mind for the next owner. The interiors are largely in original/dated condition, presenting an excellent opportunity for future modernization and value enhancement as circumstances permit. Tenants pay their own gas and electricity. Ideally suited for an investor seeking an established income-producing property with significant long-term rental and improvement upside. Convenient El Monte location with access to shopping, dining, transportation, and major commuter routes. Fully tenant-occupied four-unit investment property. Please do not disturb occupants. Exterior viewing only prior to an accepted offer. Interior inspection available following accepted offer and seller coordination.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction cross street Valley Blvd.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 8577011011
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Sabrina Miller, DRE#01859262 Sabrina Lynn MIller, Broker
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Keegan Wetzel
Founder | Naval Academy | OIF Veteran License ID: 02153342