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Key Details
Sold Price $1,580,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID TR22172610
Sold Date 11/18/22
HOA Y/N No
Year Built 1938
Lot Size 0.454 Acres
Property Description
***EXCELLENT INVESTOR OPPORTUNITY *** Commercial-Residential Mixed Use Property in the City Of El Monte, centrally located with easy access to two retail street front well established businesses, Oasis Saloon and Bike Revolution Bike Store. High Traffic visibility with 70ft retail frontage on Peck Rd. In addition to the Commercial Lease Income there are 3-Residential units, 1-2 bedroom-1 bath unit & 2-1 bedroom-1 bath units, each unit has a detached garage. All residential units are stand alone buildings currently occupied with Below Market Month to Month agreements. The property offers separate parking for both the retail and residential. Current Gross Scheduled Annual Income is $124,000 with upside potential.
Location
State CA
County Los Angeles
Area 619 - El Monte
Interior
Fireplace No
Laundry Inside
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Street Lights, Sidewalks
Total Parking Spaces 3
Private Pool No
Building
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 8548012002
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Johnny Lam • Treeline Realty & Investment
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