El Monte, CA 91732,2365 Valwood Avenue
El Monte, CA 91732,2365 Valwood Avenue
El Monte, CA 91732,2365 Valwood Avenue
$1,385,000
Est. payment /mo
$1,385,000
Est.Price: ?

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4 Beds
2 Baths
0.28 Acres Lot
SOLD DATE : 02/23/2022

Key Details

Sold Price $1,385,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW22017944

Sold Date 02/23/22

Bedrooms 4

HOA Y/N No

Lot Size 0.280 Acres

Property Description

Investment opportunity! 5 single story houses sitting on a 12,180sqft. flat lot located in the city of El Monte. It is a perfect investment to receive passive income of $6,450 a month or for new development. Huge upside rental income potential here. Rents currently are very low compared to market rent. Long term tenants 30+ years have been paying on-time even during the pandemic. All 5 units are 2bedrooms, 1bathroom each. 4 units are rented for $1300 and 1 for $1250. There are many multiple homes in development or have been re-built in recent years in the neighborhood. The potential is unlimited with this property. Its sold AS IS, NO REPAIRS, NO TERMITE WORK, or CREDIT will be provided by seller. Easy access to the 60 and 605 freeways, supermarkets, shops, restaurants, and public transportation. Please DO NOT DISTURB occupants.
Investment opportunity! 5 single story houses sitting on a 12,180sqft. flat lot located in the city of El Monte. It is a perfect investment to receive passive income of $6,450 a month or for new development. Huge upside rental income potential here. Rents currently are very low compared to market rent. Long term tenants 30+ years have been paying on-time even during the pandemic. All 5 units are 2bedrooms, 1bathroom each. 4 units are rented for $1300 and 1 for $1250. There are many multiple homes in development or have been re-built in recent years in the neighborhood. The potential is unlimited with this property. Its sold AS IS, NO REPAIRS, NO TERMITE WORK, or CREDIT will be provided by seller. Easy access to the 60 and 605 freeways, supermarkets, shops, restaurants, and public transportation. Please DO NOT DISTURB occupants.

Location

State CA

County Los Angeles

Area El Monte (91732)

Zoning Assessor

Building

Level or Stories 1 Story

Others

Space Rent $1,300

Financing Cash

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Kobe Zimmerman

Kobe Zimmerman

Berkshire Hathaway Home Services California Properties

+1(858) 753-3353

Our team is ready to help you sell your home for the highest possible price ASAP


San Diego Regional MLS (SDMLS)
Listed by Michelle Ramirez • Coldwell Banker Alliance
Bought with Kevin Lee • Coldwell Banker Alliance
agent-avatar

+1(858) 753-3353

kobezimmerman@bhhscalifornia.com

955 Orange Ave, Coronado, CA, 92118

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