SWIPE FOR MORE IMAGES
$1,700,000 USD
10808 Elliott Avenue
South El Monte, California 91733
USA
South El Monte, California 91733
USA
307.127 m2 ::
3,306 sqft
8 bedrooms
7 full baths
Residential For Sale, Other Residential
Land size: 0.16 ha ::
0.4 acres
Sale price per sqm: 5,534.98
Remarks:
We would like to present 10808 Elliott Avenue, a 7-unit property located in a prime area of El Monte, free from rent control constraints providing maximum allowable rent increases under California AB1482. Current rents are significantly below market with a 3.64 CAP RATE. Increasing rents to market rates shows a PROFORMA 6.54 CAP RATE! The units consist of 4 one story buildings with concrete driveway that allows parking for 16 cars. Six 1 bedroom 1 bathroom units and One 2 bedroom, 1 bathroom stand alone unit. Possible room for ADU (check with city) Most of the roofs have recently been replaced along with other upgrades. The units are 100% occupied. Each unit has individual metering for gas and electricity. The location offers various conveniences to diverse tenant demographics along with convenient transportation routes to 10, 605 and 60 freeways, three elementary schools, El Monte High School, Aquatic Center, Court House and Civic Center, Social Security Administration and Rio Hondo College. El Monte allows easy routes and transportation to DTLA a major employment capital via the EL MONTE TRANSIT CENTER and Fastrak Toll Road. The property’s central location offers access to a variety of attractions offered by Los Angeles County, Orange County and the Inland Empire.
Features:
- Year Built: 1954
- Exterior Description: Stucco
- Lot Description: Garden
- Number of parking spaces: 16
Location:
10808 Elliott Avenue, South El Monte, California 91733, USA
Listed By CENTURY 21 Citrus Realty
The Residential For Sale, Other Residential located at 10808 Elliott Avenue, South El Monte, California 91733, USA is currently for sale. 10808 Elliott Avenue, South El Monte, California 91733, USA is listed for $1,700,000 USD. This property has 8 bedrooms, 7 full baths and 3,306 sqft. If the property located at 10808 Elliott Avenue, South El Monte, California 91733, USA isn't what you're looking for, search California Real Estate to see other Homes For Sale in South El Monte.