PROBATE PROPERTY - Attention developers, builders and investors. 1 acre flat lot, zoned M1 with 32 units mobile home park + 4 residential units currently generate average gross income of $348,000 annually. There are two entrances, both are on Magnolia St., the Trailer Park conveniently located near El Monte Five Point shopping, foods, grocery and coffee shop. Easy access to 10 FWY, 605 FWY and 605 FWY. Buyer(s) advised to verify the accuracy of all information, development possibilities, zoning requirements thru personal inspection and with appropriate professionals. Please do not contact or disturb tenants, drive by only. Property to be sold in "AS-IS" physical conditions, no repairs or credit for repairs of any kind including termite. Seller owned 24 of the 32 mobile homes. Newer homes in the neighborhood.
Additional Features
- Average Condition
- Block
- Chain Link
- Wood
- Listing Status: Closed
- Listing Agent: THANH LY
(lic# 01332587)
of West San Gabriel Valley
- Listing Office: UNITED R.E.- LOS ANGELES
(lic# 01947398)
- Selling Agent: Choeun Kem
(lic# 01012546)
-
Based on information from CRISNet MLS as of 7th September 2024 at 4:09pm. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
