3438 Gilman Road, El Monte, California 91732
  • $950,000
  • $975,000

Overview

Property ID: CV24015480
  • Apartment, Residential Income
  • Property Type
  • 2446 Sqft
  • Area Size
  • 1962
  • Year Built

Description

JUST REDUCED! We are pleased to present a 4-Unit multi-family investment opportunity in the prime area of North El Monte. This fourplex features (1) 2-Bed/1-Bath unit, and (3) 1-Bed/1-Bath units. Tenants have access to on-site carport parking and yard space. Each unit is separately metered for gas and electricity. This property offers a substantial 45% potential upside in rental income, making it an attractive prospect for maximizing return on investment. Moreover, the property enjoys the advantage of no local city rent control, giving you the flexibility to reposition tenants with a “substantial remodel” approach in an effort to obtain competitive rental rates, and optimize your investment strategy. One unit to be delivered vacant at the close of escrow.

  • Address: 3438 Gilman Road
  • State/county: CA
  • Zip/Postal Code: 91732
  • Country: US

Details

Updated on July 3, 2024 at 10:38 pm
  • Property ID CV24015480
  • Price $950,000
  • Property Size 2446 Sqft
  • Land Area 0.1217 Acres
  • Year Built 1962
  • Property Type Apartment, Residential Income
  • Property Status Closed

Additional details

  • Listing Terms Cash, Cash to New Loan
  • Sewer Public Sewer
  • County Los Angeles
  • Property Type Residential Income
  • Pool None
  • Community Features Curbs, Gutter(s), Sidewalks

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