El Monte, CA 91732,2941 Maxson Road
El Monte, CA 91732,2941 Maxson Road
El Monte, CA 91732,2941 Maxson Road
$1,800,000
Est. payment /mo
$1,899,900
5.3%
Est.Price: ?

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9 Beds
5 Baths
0.44 Acres Lot
SOLD DATE : 11/22/2023

Key Details

Sold Price $1,800,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW23192656

Sold Date 11/22/23

Bedrooms 9

HOA Y/N No

Lot Size 0.444 Acres

Property Description

Attention investors! Don't miss this extraordinary investment opportunity in the bustling city of El Monte. This 7-unit income property sits on a spacious 19,000 sqft lot and offers 5,966 sqft of well-maintained living space. Several units have been recently updated, increasing the property's appeal and reducing future upkeep. Each unit is equipped with washer and dryer hook-ups, adding an extra layer of convenience for tenants. Ample parking is a huge plus, thanks to a long driveway that accommodates up to 13 vehicles and a separate 2-car garage, ideal for additional storage. Located near major transportation routes, the property promises steady tenant demand and numerous options for future development, making it a high-yield asset with significant upside potential.
Attention investors! Don't miss this extraordinary investment opportunity in the bustling city of El Monte. This 7-unit income property sits on a spacious 19,000 sqft lot and offers 5,966 sqft of well-maintained living space. Several units have been recently updated, increasing the property's appeal and reducing future upkeep. Each unit is equipped with washer and dryer hook-ups, adding an extra layer of convenience for tenants. Ample parking is a huge plus, thanks to a long driveway that accommodates up to 13 vehicles and a separate 2-car garage, ideal for additional storage. Located near major transportation routes, the property promises steady tenant demand and numerous options for future development, making it a high-yield asset with significant upside potential.

Location

State CA

County Los Angeles

Area El Monte (91732)

Zoning Public Rec

Building

Lot Description Curbs

Story 1

Others

Monthly Total Fees $205

Acceptable Financing Cash, Conventional, FHA, VA

Space Rent $1,100

Listing Terms Cash, Conventional, FHA, VA

Financing Conventional

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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 Ray Miramontes • Circle Real Estate
Bought with Poe Ngo • RE/MAX CHAMPIONS
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+1(858) 753-3353

kobezimmerman@bhhscalifornia.com

955 Orange Ave, Coronado, CA, 92118

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