Property Description

HOT BUY!!! Amazing fully rented 9-unit investment property located in the popular neighborhood of El Monte. Convenient location and easy access to shopping, restaurants, schools. The property had a legal Eight 2 bedrooms + 1 office (currently used it as a bedroom) / 1 bath units with 2 parking spaces each and One 1 bedroom / 1 bath unit with one parking space. The property was completely remodeled from ground up. Features for all these 9 units remodel was done around mid-April 2019 include a new 200 AMP electrical panel, new wiring inside, new copper pipe, new sewer line, new gas line, all new double pane windows, recessed lights in living room, wall air condition in each room and living room, new kitchen cabinet with granite top, new bathroom with shower, new wall furnace, and new tile throughout the unit. Most of the roof shingles are new. Each unit has small area in the back with a laundry hookup outside. New concrete slab was paved on the entire driveway. Cap rate is approx. 5%. Great location with low maintenance and low expenses.

: Wall Furnace
: Wall/window Unit(s)
: Gas Dryer Hookup, Washer Hookup, Outside
: Curbs, Suburban
Additional Information
CBD Investment Inc T.C.
: Standard

Multi-Family For Sale

11323 Schmidt Road, El Monte, California 91733

6,467 Sqft
Listing ID #AR21076359
Basic Details
Status : Active
DaysOnMarket : 84
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : AR21076359
Price : $3,300,000
Living Area : 6,467 Sqft
Lot Size : 16,475 Sqft
Year Built : 1959
Price Per Square Foot : $510
ModificationTimestamp : 2021-07-08 21:15:00
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