El Monte, CA 91733,2668 Santa Anita AVE
El Monte, CA 91733,2668 Santa Anita AVE
El Monte, CA 91733,2668 Santa Anita AVE
21
$4,340,000
$4,500,000
3.6%
Est.Price: ?

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32 BD
30 BA
14,964 SqFt

2668 Santa Anita AVE El Monte, CA 91733

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

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Key Details

Sold Price $4,340,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 14,964 sqft

Price per Sqft $290

MLS Listing ID 22174245

Sold Date 09/09/22

Bedrooms 32

HOA Y/N No

Year Built 1963

Lot Size 0.557 Acres

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 657 - So. El Monte

Zoning EMR4YY

Interior

Fireplace No

Laundry Laundry Room

Exterior

Garage Garage

Garage Spaces 19.0

Garage Description 19.0

Total Parking Spaces 19

Building

Story 2

New Construction No

Others

Senior Community No

Tax ID 8104014005

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Shant Sherbetdjian • Remax Commercial and Investment Realty
Bought with PHILLIP MU • RICHTOWN REALTY

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Nicole Parent

Broker Associate | License ID: 01827226

+1(559) 930-7171

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