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3419 Whistler AVE El Monte, CA 91732
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Key Details
Sold Price $1,500,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV20180377
Sold Date 03/12/21
HOA Y/N No
Year Built 1963
Lot Size 0.440 Acres
Acres 0.44
Property Description
5+% CAP Rate in the San Gabriel Valley! We are pleased to exclusively offer for sale this multi-family investment opportunity located in the highly sought after rental community of North El Monte. The current owner initially purchased this 8 unit property 30+ years ago with all units situated as they are today, but title reflects a total of 6 units. (Buyer and buyer's agent to satisfy themselves with respect to the legal # of units and legal square footage). The unit mix is composed of 1(3Bed/1Bath)SFR, 1(2Bed/1Bath) SFR, 3(2Bed/1Bath)s, 1(1Bed/1Bath), & 1(2Bed/1Bath) -NC, 1(1Bed/1Bath) - NC. All 8 units are distributed across 4 separate single story structures situated on a 18,957 SqFt Lot. This investment is being offered at a current 5.06% CAP Rate and 13.2 GRM (all rent collections are current.)
Location
State CA
County Los Angeles
Area 619 - El Monte
Zoning EMR3YY
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Exterior
Garage Assigned
Carport Spaces 3
Pool None
Community Features Curbs, Gutter(s), Sidewalks
Parking Type Assigned
Total Parking Spaces 8
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 8567008009
Energy Description 1680.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with LETICIA PEREZ • METRO REAL ESTATE GROUP
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