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$1,300,000
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Property Description
Introducing a lucrative four-unit income property nestled in the heart of El Monte, California, conveniently positioned between the 60 Freeway , 605 Freeway & the 10 Freeway. This excellent investment opportunity boasts an array of features that make it an attractive choice for savvy investors. Just completely remodeled 1 1/2 years ago, New everything, New white shaker kitchen cabinets, New stainless steel sinks/faucetts, New Quartz counters, New range, New garbage disposal, New white faux blinds, New stoves, New paint inside/outside, New range hoods, New doors/hardware, New LVT flooring, New bathrooms to include tubs/showers, cabinet, counters, lighting, fixtures, toilets and sinks, New air conditioners with remotes, New dual sided wall heaters, New tankleess water heaters, New thermostats, New sub-panel, New electrical outlets, New sliding glass doors, New Low E dual pane windows, New landscaping, New outdoor lighting with timers, Property Details: Number of Units: 4 Unit Configuration: All units consist of two bedrooms & one bathroom, each spanning approximately 800 Sq/Ft. Flooring: New LVT flooring throughout, ensuring durability and low maintenance for the property. Tenant Stability: Current tenants have established a standing presence on the property, approx 1.5 years, providing a stable & consistent rental income stream. Additional Income Source: The property offers 3 additional assigned parking spaces. Modern Amenities: All units are equipped with wall air conditioning units, dual-sided wall furnaces ensuring comfortable living for tenants year-round. Moreover, washer dryer hookups are conveniently provided inside each unit for added convenience & desirability. Utility Configuration: Separate Electric and Gas meters for all units provide ease of management and enable tenants to have individual control over their utility expenses. . Carports: All units come with one covered carport. Spaciousness & Land: The combined square footage of all units is an impressive 3200, and the property sits on a 6442 Sq/Ft lot, offering ample outdoor space. The property presents an exceptional opportunity for an astute investor seeking a well-maintained, income-generating property in a prime location 14 miles to downtown Los Angeles and 30 miles to Santa Monica Beach.. With its established tenant base, completely remodeled units, this property promises an excellent return on investment & continued financial success. 10813 El Monte, can be sold as a porfolio package
Full Property Details
Full Property Details for 10813 Elliott Ave
General
- Sold For: $1,300,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: IG24165317
- Added to Site: 159 day(s) ago
Interior
- Interior Features: Quartz Counters
- Fireplace(s): None
- Appliances: Dishwasher, Gas Range, Water Heater
Rooms
Other Rooms
- Laundry: Gas Dryer Hookup, Inside, Washer Hookup
Additional Information
- Pool Description: None
- Spa Description: None
Location
- Area: 619 - El Monte
- County: Los Angeles
- Development Name: 619 - El Monte
- Driving Directions: GPS
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Roof: Rolled/Hot Mop
- Windows: Double-Pane Windows
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 3,200
- Year Built: 1959
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 4
- Bedrooms: 8
Lot Features
- Property View: None
- Lot Size (Acres): 0.1417
- Lot Size Source: Assessor
- Zoning: EMR3*
- Lot Description: Front Yard
Financial Considerations
- Price Per Sq. Ft.: $406.25
- Price Per Unit: 350000
Listed and Sold by Keller Williams Realty, John Simcoe
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Schools
Schools serving 10813 Elliott Ave
School Districts:El Monte Union High School District, Mountain View Elementary School District
Rating | Name | Grades | Distance |
---|---|---|---|
12043 Exline St, El Monte, CA 91732 | K-5 | 1.4 mi | |
Madrid Middle School
3300 Gilman Rd, El Monte, CA 91732 | 6-8 | 1.7 mi | |
3048 Tyler Ave, El Monte, CA 91731 | 9-12 | 0.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 10813 Elliott Ave
Date
Details
Price
Change
Source
12/24/2024
Sold
$1,300,000
-7.14%
MLS
11/11/2024
Price Reduced
$1,400,000
-6.66%
MLS
9/26/2024
Price Reduced
$1,499,900
-5.96%
MLS
9/11/2024
Price Reduced
$1,595,000
-11.39%
MLS
8/09/2024
Listed
$1,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
10813 Elliott Avenue, El Monte, CA 91733 (MLS# IG24165317) is a Multi-Family property that was sold at $1,300,000 on December 24, 2024. Want to learn more about 10813 Elliott Avenue? Do you have questions about finding other Multi-Family real estate for sale in El Monte? You can browse all El Monte real estate or contact a Coldwell Banker agent to request more information.