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Property Description

**Attention Investors!** – Welcome to Roseglen St. an incredible investment opportunity located in the heart of North El monte. At first sight, this multi-family property offers five single houses sitting on a flat lot totaling approx. 31,144 Sq.Ft (per assessor records) each with their own addresses, private entrances and utility meters, also providing a host of beneficial amenities to any investor whose seeking consistent rental income in a prime location. Whether you plan to purchase/occupy or rent and enjoy great income potential, this property offers a range of desirable features that make it an excellent choice for those looking to capitalize on the strong rental market. Roseglen St. is comprised of (1) 2Bed/1Bath & (4) 2Bed/1Bath/1garage totaling approx. 4000 Sq.ft of living space. Each unit has their own front and backyard accompanied by plenty of parking space inside the lot, Unit 11839 (2) has been converted to a garage (door only) and a Certificate of Compliance has been issued and is in good standing with the city (Available upon request). Situated within the Unified School District of El monte, Roseglen is close to everything; students of various levels can access nearby schools, multiple grocery markets all within walking distance. Off of North Peck Road and Lower Azusa road, the property is nearby public transportation and major freeways for easy access to LA, San Gabriel Valley, and Inland Empire making it an ideal location for commuters, minutes away from the world famous San Gabriel Valley Eateries, the cities of Alhambra, Monterey Park, Arcadia, San Gabriel, Temple City, and Rosemead are home to some of the most famous food and entertainment you’ll find in the greater Los Angeles area. In addition, Investors benefit from high demand and low vacancy rates as the surrounding community is rapidly expanding with new retail business and commerce driving up property value, rent, and long term growth potential for years to come. This property has huge upside potential as the current rents are below market averages in the area. A savvy investor may acquire this asset as a profitable portfolio addition with low expenses; Also an ideal 1031 exchange opportunity to capitalize on tax benefits, so why wait? You don’t want to miss on the chance to secure this rare investment in the soaring city of El Monte!

: Wall Furnace
: Whole house fan, Central Air, Wall/window Unit(s), Energy Star Qualified Equipment
: Gas & Electric Dryer Hookup, Inside, Dryer Included, Washer Included
: Sidewalks, Street Lights, Park, Foothills, Suburban, Preserve/public Land, Dog Park
Additional Information
: Standard

Multi-Family For Sale

11839 Roseglen Street, El Monte, California 91732

4,000 Sqft
Listing ID #CV23078925
Basic Details
Status : Active
DaysOnMarket : 2
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : CV23078925
Price : $2,000,000
Living Area : 4,000 Sqft
Lot Size : 31,225 Sqft
Year Built : 1935
Country : US
State : California
County : Los Angeles
City : El Monte
Zipcode : 91732
Price Per Square Foot : $500
ModificationTimestamp : 2023-05-10 13:57:06
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