6
See all 6 photos
$1,395,000
Est. payment /mo
8 Beds
Pending
11106 Klingerman Street El Monte, CA 91733
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Pending
Purchase Type For Sale
MLS Listing ID CV25178491
Bedrooms 8
Property Sub-Type Res Income 2-4 Units
Property Description
Outstanding investment opportunity in the heart of the strong San Gabriel Valley rental market! This multi-family property offers all spacious 2-Bed/1-Bath units totaling 5,200 rentable square feet on a 6,705 square foot lot. With no local city rent control and a 30% upside in rental income, theres tremendous potential to boost cash-flow and long-term value. Tenants enjoy desirable amenities including gated private parking, interior laundry hookups, and copper plumbing throughout. At an attractive price of only $232,000 per unit, the property is positioned to deliver strong returns with a current CAP Rate of 5.56% & GRM of 11.87...and it only gets better from there. Seller is motivated and priced to selldont miss this rare chance to acquire a quality asset in one of Southern Californias most sought-after rental markets!
Location
State CA
County Los Angeles
Zoning Assessor
Direction South of Garvey Ave. West of Peck Rd
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 8105019019
Listed by Kristopher German RE/MAX 2000 REALTY
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