10809 Elliott Ave, El Monte, California, United States

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Home For Sale

$1,800,000

10809 Elliott Ave
El Monte, California, United States

8bd 4ba

Listed By: Realtyww Info

Listed On: 08/12/2024

Listing ID: GL11636831 View More Details

Description

Introducing a lucrative four-unit income property nestled in the heart of El Monte, California, conveniently positioned between the 60 Freeway , 605 Freeway and 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 and 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 and 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 and 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 and 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 and continued financial success. 10813 El Monte, can be sold as a porfolio package

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Listed by: John Simcoe