12025 Elliott Ave - Apartments FOR SALE


El Monte, CA 91732
$2,000,000 USD
909-728-7888
12025 Elliott Ave, El Monte, CA for Sale
$2,000,000 USD
Apartments - FOR SALE
1/7
null | 3.61% Cap Rate

12025 Elliott Ave
El Monte, CA 91732


HIGHLIGHTS

  • 3 single story duplexes
  • Potential to build ADU
  • Value-add opportunity with rental upside
  • Long terms tenants
  • No City rent control

OVERVIEW

Re/Max 2000 Commercial, as the exclusive listing agent, is pleased to present the opportunity to acquire the 6 unit apartment. It has a desirable location, fundamentals minimize lease uptime and offers a new investor high rental potential with a stable resident profile. This strategically located, single story structures were built in 1962 and consists of three duplexes of 2 bedroom and 1 bathroom. It offers 10 carport parking spaces. This property has an additional space between the building, might have the potential to add ADU, buyer to verify with the City of El Monte. Long terms tenants. The properties are individually metered for gas and electricity.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$511 USD /SF

# OF UNITS

6

PRICE/UNIT

$333,333

CAP RATE

3.61%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

12,894 SF

ZONING

EMR3YY

APN/PARCEL ID

8106-020-024

ASK ABOUT THIS PROPERTY

Katie ChaiRE/MAX 2000 CommercialMore Info
909-728-7888

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Katie ChaiRE/MAX 2000 CommercialMore Info
909-728-7888

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