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12208 Magnolia ST El Monte, CA 91732
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Key Details
Sold Price $827,500
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,938 sqft
Price per Sqft $426
MLS Listing ID CV21120350
Sold Date 08/11/21
Bedrooms 4
Full Baths 3
Construction Status Repairs Cosmetic
HOA Y/N No
Year Built 1946
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions Assessor
Property Description
DRIVE BY ONLY! Two homes on a lot. Large lot zoned R3. Property has plenty of space for a third unit. Front house has one car garage with a storage space above. Two spacious bedrooms with two bathrooms, bedrooms have a spacious walk-in closets. Laminate wood flooring throughout. Living area is spacious and has open floor plan between the dinning Room and living room. Smooth ceilings throughout. Some newer windows.
Second house is a two bedroom one bath. Driveway is wide, you can park two cars wide on the side of the house with plenty of room. Lots of potential for expansion or third unit. Current rents are low. Current rents market value will bring cap rate to over 6%!!
Location
State CA
County Los Angeles
Area 619 - El Monte
Zoning EMR3YY
Rooms
Other Rooms Two On A Lot
Main Level Bedrooms 4
Ensuite Laundry Inside, In Carport
Interior
Interior Features Walk-In Closet(s)
Laundry Location Inside,In Carport
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Laminate
Fireplaces Type None
Fireplace No
Laundry Inside, In Carport
Exterior
Garage Concrete, Driveway Level, Door-Single, Garage Faces Front, Garage, RV Potential
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Curbs
View Y/N No
View None
Parking Type Concrete, Driveway Level, Door-Single, Garage Faces Front, Garage, RV Potential
Attached Garage Yes
Total Parking Spaces 1
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story One
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
Additional Building Two On A Lot
New Construction No
Construction Status Repairs Cosmetic
Schools
School District El Monte Union High
Others
Senior Community No
Tax ID 8106013015
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with KITTY LEE • K & D CONSULTANT INC.