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.)
Additional Features
- 6-10 Units/Acre
- Lot 10000-19999 Sqft
- One
- Parking spaces: 8.00
- Listing Status: Closed
- Listing Agent: KRISTOPHER GERMAN
(lic# 01800021)
of Citrus Valley
- Listing Office: RE/MAX 2000
(lic# 01903052)
- Selling Agent: LETICIA PEREZ
(lic# 01815403)
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Based on information from CRISNet MLS as of 14th January 2025 at 10:28pm. 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.
