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Listed by Grace Zhang • RE/MAX Galaxy
$ 3,600,000
Est. payment | /mo
10,240 SqFt
$ 3,600,000
Est. payment | /mo
10,240 SqFt
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 10,240 sqft
Price per Sqft $351
MLS Listing ID TR-26045458
Year Built 1940
Lot Size 0.379 Acres
Property Sub-Type Apartment
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Rare opportunity to acquire a 20-unit multifamily investment property offered at $3,600,000. The property is currently 100% occupied and consists of 18 studio units and 2 one-bedroom/one-bath units. Strong in-place cash flow with upside potential through gradual rent repositioning. The building features a two-story layout with ample on-site surface parking and is located along a high-visibility commercial corridor with convenient access to major freeways, retail centers, and employment hubs. Ideal for 1031 exchange buyers or investors seeking a stabilized workforce housing asset with long-term appreciation potential. Do not disturb tenants. Drive-by only.
Location
State CA
County Los Angeles
Area 619 - El Monte
Interior
Laundry None
Exterior
Pool None
Community Features Suburban
Building
Lot Description Walkstreet
Sewer Public Sewer