Active

11139 Kauffman Street

El Monte CA, 91731

$1,825,000


$443.61 per sqft

Active

4,114 sqft

Condo

Built in 1940

Listed by ERIC CHEN with CB RICHARD ELLIS 626-757-5717

We are proud to present an exceptional investment opportunity: an eight-unit multifamily property located at 11139-11147 Kauffman Street in the vibrant City of El Monte. Ideally situated north of Romana Boulevard, 11139-11147 Kauffman Street offers a unique blend of classic charm and modern functionality. Residents enjoy convenient access to the 10 Freeway, the Metrolink El Monte Train Station, and a vibrant scene with dozens of shops, diverse restaurants, and exciting entertainment options within close proximity. El Monte offers a strong sense of community, with parks, schools, and activities that cater to families. It boasts a diverse food scene, influenced by its multicultural population. Steeped in history, the city offers a glimpse into the past at the El Monte Historical Museum and the Santa Fe Trail Historical Park. Beyond its rich heritage, El Monte boasts a convenient location with easy access to Los Angeles County, Orange County, and the Inland Empire. Nestled within the San Gabriel Valley, El Monte is surrounded by vibrant neighbors like Pasadena, Arcadia, Rosemead, Monrovia and West Covina. Within a 20-mile radius, you'll find a wealth of local landmarks, including the world-renowned Huntington Library, The Rose Bowl, Dodger Stadium, and Crypto.com Arena. For outdoor enthusiasts, there's Irwindale Speedway, Arcadia Golf Course, and Rosemead Park. The property features on-site laundry, private patios or yards, well-kept mature landscaping, garage parking and/or storage, and on-site parking. Some units are renovated with vinyl wood plank flooring and modern cabinetry, and all come equipped with functional kitchens and security screen doors. 11139-11147 Kauffman Street is a prime San Gabriel Valley income-producing property and a great long-term investment. The property is in a stable rental market area and offers stability for any type of investor, whether it may be a first-time purchaser, seasoned investor, or a 1031 exchange buyer.

CV24088746

MLS ID

May 2, 2024

Listed

August 30, 2024

Updated

Map

11139 Kauffman Street
El Monte CA, 91731

Interior Features

Total Stories

2


Laundry Description

Common Area


Floor Description

Vinyl


Fireplace

No


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.35 Acres


Lot Features

6-10 Units/Acre


Sewer

Public Sewer

Other Property Details

Area Name

619 - El Monte


Days on Market

84


Garage

Yes


Garage Spaces

4


Parking Total

14


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

EMR3*

Listing History

Date

Event

Price

7/25/2024

Active

7/17/2024

Under contract

7/12/2024

Price change

$1,825,000

-2%

7/12/2024

Active

6/28/2024

Under contract

Listing Contact: 909-418-2000 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/30/2024. 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.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 8/30/2024 at 7:22 PM UTC

 

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