El Monte, CA 91731,4013 Eunice AVE
El Monte, CA 91731,4013 Eunice AVE
El Monte, CA 91731,4013 Eunice AVE
8
$950,000
$950,000
Est.Price: ?

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5,858 Sqft Lot

4013 Eunice AVE El Monte, CA 91731

Est. payment /mo
SOLD DATE : 09/07/2022

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Key Details

Sold Price $950,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CV22135839

Sold Date 09/07/22

HOA Y/N No

Year Built 1937

Lot Size 5,858 Sqft

Property Description

We are pleased to offer for sale this 5 unit multi-family property in the city of El Monte. The subject property is comprised of 5 units spread across 3 separate structures. The front structure is a single story duplex that offers 2(1Bed/1Bath) units. The second structure is a two-story building with 2(1bed/1bath) units situated above four 1-car garages. The last structure is a single story 1Bed/1Bath unit. All units are separately metered for electricity and gas while the owner pays for water and trash. The current owner has held the property for a number of years and kept the rental rates well below market. With a substantial improvement approach, a new investor can reposition the subject property to earn nearly a 9% cash-on-cash return. This property can be purchased independently or in conjunction with the 2 unit duplex property (MLS#CV22135823) that shares the common driveway. There is also a 3rd contiguous parcel for sale as well (MLS#CV22135853) All combined the 3 properties offer 8 units and a total lot size of 20,682 Zoned R4.

Location

State CA

County Los Angeles

Area 619 - El Monte

Zoning EMR4YY

Interior

Fireplace No

Laundry Electric Dryer Hookup, Gas Dryer Hookup, Inside

Exterior

Garage Spaces 5.0

Garage Description 5.0

Pool None

Community Features Curbs, Gutter(s), Sidewalks

Total Parking Spaces 5

Private Pool No

Building

Lot Description 2-5 Units/Acre

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 8577011022

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by KRISTOPHER GERMAN • RE/MAX 2000 REALTY
Bought with Dan Tan • TANDEM REAL ESTATE. INC.

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Nicole Parent

Broker Associate | License ID: 01827226

+1(559) 930-7171

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