11949-11951 Magnolia St - Manufactured Housing/Mobile Housing FOR SALE


El Monte, CA 91732
$4,795,000 USD
310-740-7283
11949-11951 Magnolia St, El Monte, CA for Sale
$4,795,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/9
null | 8.59% Cap Rate

11949-11951 Magnolia St
El Monte, CA 91732


HIGHLIGHTS

  • Prime Southern California Location
  • 39-Space Mobile Home Community + 1 Studio Apartment in the City of El Monte in Southern California
  • Park Owned Trailers
  • Minimal Maintenance Required
  • Large Lot Size on Nearly an Acre of Land
  • High Traffic Location near I-10 and I-605 Freeways

OVERVIEW

Kidder Mathews is pleased to present the sale of Magnolia Trailer Park, 11949/11951 Magnolia St, El Monte CA 91732. The property is comprised of 39 mobile home spaces and a studio apartment in the city of El Monte, CA in Los Angeles County. Spread across nearly 1 acre of land, the property lends itself to an investor looking for optimal cash flow with minimal maintenance. With it’s prime location and spacious layout, it’s no surprise that the park remains at almost full occupancy. It is located in close proximity to Interstate 10 and Interstate 605, giving easy access to all areas of Southern California.

FOR SALE DETAILS

PRICE

$4,795,000 USD

PRICE/SF

$9,590 USD /SF

# OF UNITS

40

PRICE/UNIT

$119,875

CAP RATE

8.59%

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Magnolia Trailer Park

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1946

PARKING SPACES

44

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,075 SF

ZONING

R3 - Medium Density Multi

APN/PARCEL ID

8106-001-007

ASK ABOUT THIS PROPERTY

Elizabeth ClarkKidder MathewsMore Info
310-740-7283

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Elizabeth ClarkKidder MathewsMore Info
310-740-7283

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.