Sold
Closed
10813 Elliott Avenue
El Monte CA, 91733
$1,300,000
$406.25 per sqft
Sold
Closed
3,200 sqft
Multi-family
Built in 1959
Listed by John Simcoe with Keller Williams Realty 951-217-8878
Introducing a lucrative four-unit income property nestled in the heart of El Monte, California, conveniently positioned between the 60 Freeway , 605 Freeway & the 10 Freeway. This excellent investment opportunity boasts an array of features that make it an attractive choice for savvy investors. Just completely remodeled 1 1/2 years ago, New everything, New white shaker kitchen cabinets, New stainless steel sinks/faucetts, New Quartz counters, New range, New garbage disposal, New white faux blinds, New stoves, New paint inside/outside, New range hoods, New doors/hardware, New LVT flooring, New bathrooms to include tubs/showers, cabinet, counters, lighting, fixtures, toilets and sinks, New air conditioners with remotes, New dual sided wall heaters, New tankleess water heaters, New thermostats, New sub-panel, New electrical outlets, New sliding glass doors, New Low E dual pane windows, New landscaping, New outdoor lighting with timers, Property Details: Number of Units: 4 Unit Configuration: All units consist of two bedrooms & one bathroom, each spanning approximately 800 Sq/Ft. Flooring: New LVT flooring throughout, ensuring durability and low maintenance for the property. Tenant Stability: Current tenants have established a standing presence on the property, approx 1.5 years, providing a stable & consistent rental income stream. Additional Income Source: The property offers 3 additional assigned parking spaces. Modern Amenities: All units are equipped with wall air conditioning units, dual-sided wall furnaces ensuring comfortable living for tenants year-round. Moreover, washer dryer hookups are conveniently provided inside each unit for added convenience & desirability. Utility Configuration: Separate Electric and Gas meters for all units provide ease of management and enable tenants to have individual control over their utility expenses. . Carports: All units come with one covered carport. Spaciousness & Land: The combined square footage of all units is an impressive 3200, and the property sits on a 6442 Sq/Ft lot, offering ample outdoor space. The property presents an exceptional opportunity for an astute investor seeking a well-maintained, income-generating property in a prime location 14 miles to downtown Los Angeles and 30 miles to Santa Monica Beach.. With its established tenant base, completely remodeled units, this property promises an excellent return on investment & continued financial success. 10813 El Monte, can be sold as a porfolio package
IG24165317
MLSⓇ ID
August 9, 2024
Listed
December 31, 2024
Updated
Map
10813 Elliott Avenue
El Monte CA, 91733
Interior Features
Total Stories
1
Interior Features
Quartz Counters
Appliances
Dishwasher, Gas Range, Water Heater
Laundry Description
Washer Hookup, Gas Dryer Hookup, Inside
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.14 Acres
Lot Features
Front Yard
Roof
Rolled/Hot Mop
Sewer
Public Sewer
Other Property Details
Area Name
619 - El Monte
Days on Market
116
Garage
No
Parking Total
4
View
No
View Description
None
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
EMR3*
Listing History
Date | Event | Price |
---|---|---|
12/31/2024 | Sold | $1,300,000 |
12/4/2024 | Under contract | — |
11/12/2024 | Price change | $1,400,000 -7% |
9/26/2024 | Price change | $1,499,900 -6% |
9/11/2024 | Price change | $1,595,000 -12% |
Listing Contact: 951-271-3000
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/31/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 12/31/2024 at 8:18 PM UTC