$950,000
$998,000
4.8%For more information regarding the value of a property, please contact us for a free consultation.
8,319 Sqft Lot
SOLD DATE : 07/10/2024
Key Details
Sold Price $950,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR23221986
Sold Date 07/10/24
HOA Y/N No
Year Built 1929
Lot Size 8,319 Sqft
Property Description
$200,000 Price Adjustment!!!!Whether you're a seasoned investor or looking to start your investment portfolio, this income-generating four-unit property at 11523 Medina Court in El Monte offers the potential for long-term financial growth. Conveniently situated in a central location, this property comprises three separate buildings, offering a diverse range of rental units. With close proximity to places of worship, restaurants, shops, and local transportation this property ensures a steady stream of rental income, making it an attractive investment option. Front building consist of Unit 1 with 2 bedrooms, 1 bath, rented at $1,000 and Unit 2 with 3 bedrooms, 1 bath, rented at $1,500. Rear second building consist of Unit 3 with 3 bedrooms, 1 bath, rented at $1,4000. Separate third building consist of Unit 4 with 2 bedrooms, 1 bathroom, rented at $1,000. Please do not disturb the tenants as this is a drive by only subject to interior inspection.
Location
State CA
County Los Angeles
Area 619 - El Monte
Zoning EMR4*
Rooms
Ensuite Laundry Washer Hookup, Gas Dryer Hookup, Inside, Outside
Interior
Laundry Location Washer Hookup,Gas Dryer Hookup,Inside,Outside
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Laundry Washer Hookup, Gas Dryer Hookup, Inside, Outside
Exterior
Garage On Street
Pool None
Community Features Curbs, Street Lights, Suburban, Sidewalks
Utilities Available Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
View Y/N No
View None
Parking Type On Street
Private Pool No
Building
Lot Description Near Public Transit
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 8568020019
Acceptable Financing Cash, Cash to New Loan, Conventional, Submit
Listing Terms Cash, Cash to New Loan, Conventional, Submit
Financing Conventional
Special Listing Condition Trust
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Bought with Ash Rizk • Coldwell Banker Realty
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Broker Associate | Lic# 01905244