Description
Seller Financing Available! Exceptional opportunity to acquire a four-unit income property with seller-carried financing available to qualified purchasers. Attractive financing terms may provide an alternative to traditional investment property lending. All Financing terms are subject to seller approval, buyer qualifications, and mutually acceptable agreements. This fully occupied four-unit residential income property offers appx 3,988 sqft of total building area on a generous 13,835sqft lot with established month- to- month tenancies and current gross scheduled income. The property features a desirable mix of spacious 2-3 bedroom residences, including a rear residence with a garage, providing versatile rental configuration and strong long-term income potential. Major capital improvement already completed- roofs on all units have been replaced, offering added value and peace of mind for the next owner. The interiors are largely in original/dated condition, presenting an excellent opportunity for future modernization and value enhancement as circumstances permit. Tenants pay their own gas and electricity. Ideally suited for an investor seeking an established income-producing property with significant long-term rental and improvement upside. Convenient El Monte location with access to shopping, dining, transportation, and major commuter routes. Fully tenant-occupied four-unit investment property. Please do not disturb occupants. Exterior viewing only prior to an accepted offer. Interior inspection available following accepted offer and seller coordination.
Details
| MLS # | CV26216151 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1964 |
| Days On Site | 13 |
| Listing Provided By | Sabrina Lynn MIller, Broker | Sabrina Miller |
Features
| SQ Feet | 3,988 |
|---|---|
| Garage | 1 |
| Story(s) | 1 |
| Units | 4 |
| Building(s) | 3 |
| Acreage | 0.32 |
Interior
| Heating | Central |
|---|---|
| Heating Yes / No | Yes |
| Appliances | Gas Oven, Gas Range |
Exterior
| Roof | Shingle |
|---|---|
| Security Features | Carbon Monoxide Detectors, Smoke Detectors |
| Lot Features | Landscaped, Sprinkler System |
Parking
| Garage Yes / No | Yes |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Street Lights |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | El Monte |
| Zip Code | 91731 |
| Area | 619 El Monte |
| Listing VS Median (in 91731) | |
Price: $1,550,000 low | high Med: $814,000 sqft: 3,988 low | high Med: 800 $ / sqft: $389 low | high Med: $1,107 On site: 13 low | high Med: 35.5 | |
Market Activity 91731
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | El Monte |
| Zip Code | 91731 |
| Area | 619 El Monte |
| Listing VS Median (in 91731) | |
Price: $1,550,000 low | high Med: $814,000 sqft: 3,988 low | high Med: 800 $ / sqft: $389 low | high Med: $1,107 On site: 13 low | high Med: 35.5 | |
 | $1,299,0004128 Eunice AvenueEl Monte, CA 91731 |