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1221 S Hacienda Blvd

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7 Units in South El Monte

2529 Adelia Ave, South El Monte, CA 91733, USA
Sold For$2,050,000$292,857/Per Unit

Description

SELLER’S STORY

The subject property was owned by two separate investors looking to divest the partnership. The seller’s had a prepayment penalty and needed to secure a specific price to make the sale work. Kris and Deepen successfully obtained that price marking the HIGHEST Price Per Unit Sale in the past 3 years in South El Monte.

HOW DID WE DO IT?

  • Kris & Deepen Represented the Seller & Buyer
  • Multiple Offer Bid led to The Highest Price Per Unit Sale in South El Monte
  • 6,350 – Emails Directly Sent to Exclusive Buyer List
  • 3,575 – Facebook and Instagram Views
  • 33,400 – Views on Listing Search Sites

PROPERTY HIGHLIGHTS

  • Side by Side Triplex & Fourplex
  • Excellent Unit Mix of:
    • (1) 4-Bed/2-Bath Cottage
    • (2) 3-Bed/1-Bath Units
    • (1) 2-Bed/1-Bath Cottage
    • (2) 2-Bed/1-Bath Units &
    • (1) 1-Bed/1-Bath Cottage
  • Property Situated on (2) Contiguous Parcels for a Total of 17,000+ Sq. Ft. of Land
  • Tenants Enjoy Plenty of Onsite Open-Space & Carport Parking
  • All Units Individually Metered for Electricity & Gas
  • HUGE 35% UPSIDE IN RENTAL INCOME!
  • Address: 2529-2533 Adelia Ave
  • City: South El Monte
  • State/county: California
  • Zip/Postal Code: 91733
  • Country: United States

Detail

Updated on June 5, 2024 at 3:21 pm

  • Price: Sold For $2,050,000
  • Property Size: 6267 SqFt
  • Land Area: 17092 SqFt
  • Year Built: 1939
  • Property Type: Multi Family
  • Property Status: Just Sold

Additional details

  • # of Units: 7
  • Unit Mix: 1 (4+2), 2 (3+1.5), 3 (2+1), 1 (1+1)
  • Zoning: SER3*
  • We Represented: Seller / Buyer
  • Close of Escrow: 05/31/2024

Features

WalkScore

walkscore63 / Somewhat Walkable more details here

Contact info

Deepen Shah
Deepen Shah
(626) 427-0798
Kristopher German
Kristopher German
(626) 427-0786
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