Active
$769,000
2 Units
5 Beds
3 Baths
1,932 Area(sq.ft.)
Lot: 4,223 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 3 | 2 | No | $ 1,500 | $ 1,500 | $ 2,900 |
| Unit 2 | 1 | 2 | 1 | No | $ 1,500 | $ 1,500 | $ 2,300 |
| 2 | 5 | 3 | $ 3,000 | $ 3,000 | $ 5,200 |
| MLS #: | AR25114552MR |
| Days On Market: | 200 |
| Listing Date: | May 19, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 398 |
| Price per unit: | $ 384,500 |
| Year Built: | 1941 |
Property Details
Here is an exceptional investment opportunity comprising two tenant-occupied units in El Monte, California. One unit has 3 beds/1.5 baths with an attached garage and the other unit has 2 beds/1 bath and a gated driveway. This property offers immediate cash flow with established tenants in place, providing a stable income stream from day one. You can also live in one and rent out the other. Strategically located within a high-demand rental market, the units benefit from proximity to major freeways, El Monte Transit Center, San Gabriel Valley Airport, commercial centers, local amenities and just a few minutes drive to DTLA. With ongoing rental income and strong market fundamentals, these units represent a solid addition to any real estate portfolio.Interested in this Listing?
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Income Details
| Rent Control: | False |
| Total Annual Expense: | $ 7,066 |
| Net Operating Income: | $ 36,000 |
| Actual Gross Rent: | $ 300,009 |
Structure
| Community Features: | Curbs, Sidewalks, Street Lights |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Zoning: | EMR3YY |
| Land Lease Type: | Fee |
| Parking Garage: | Driveway, Garage |
Interior
| Equipment: | Gas Or Electric Dryer Hookup |
| Fireplace Rooms: | Living Room |
| Laundry: | Gas Or Electric Dryer Hookup |
Exterior
| Pool: | No |
| Roof: | Shingle |
| Spa: | No |
Detailed Map
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