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6 Units in El Monte

3419 Whistler Ave, El Monte, CA 91732, USA
$1,500,000$250,000/Per Unit

Description

5+% CAP Rate in the San Gabriel Valley! We are pleased to exclusively offer for sale this multi-family investment opportunity located in the highly sought after rental community of North El Monte. The current owner initially purchased this 8 unit property 30+ years ago with all units situated as they are today, but title reflects a total of 6 units. (Buyer and buyer’s agent to satisfy themselves with respect to the legal # of units and legal square footage). The unit mix is composed of 1(3Bed/1Bath)SFR, 1(2Bed/1Bath) SFR, 3(2Bed/1Bath)s, 1(1Bed/1Bath), & 1(2Bed/1Bath) -NC, 1(1Bed/1Bath) – NC. All 8 units are distributed across 4 separate single-story structures situated on a 18,957 SqFt Lot. This investment is being offered at a current 5.06% CAP Rate and 13.2 GRM (all rent collections are current.)

PROPERTY HIGHLIGHTS

5% CURRENT CAP RATE & 13.2 GRM!

INVESTMENT HIGHLIGHTS

  • Huge 18,957 Square Foot Lot
  • Desirable Single-Story Construction
  • Units Distributed Across 4 Detached Structures
  • 6 Legal Units + 2 Non-Conforming Units
  • Excellent Rental Community Situated in Primarily Residential Area
  • Long Term Ownership – 28% Upside in Rental Income
  • Address: 3419 Whistler Ave
  • City: El Monte
  • State/county: California
  • Zip/Postal Code: 91732
  • Country: United States

Detail

Updated on December 16, 2020 at 10:02 am

  • Price: $1,500,000
  • Property Size: 3919 SqFt
  • Land Area: 18957 SqFt
  • Year Built: 1963
  • Property Type: Multi Family
  • Property Status: Listed

Additional details

  • # of Units: 6 + 2NC
  • Unit Mix: 1 (3+1) SFR, 1 (2+1) SFR, 3 (2+1), 1 (1+1), 1 (2+1) NC, 1 (1+1) NC
  • Zoning: EMR3YY

Features

WalkScore

walkscore69 / Somewhat Walkable more details here

Contact info

Kristopher German
Kristopher German
(909) 294-2593(909) 645-0443
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