11100 Lower Azusa Rd - Apartments FOR SALE


El Monte, CA 91731- El Monte City
$1,300,000 USD
310-207-2288
11100 Lower Azusa Rd, El Monte, CA for Sale
$1,300,000 USD
Apartments - FOR SALE
1/18
null | 6.37% Cap Rate

11100 Lower Azusa Rd
El Monte, CA 91731
El Monte City


HIGHLIGHTS

  • 5-Unit apartment building located in El Monte, zoned R4
  • For sale AFTER 20 years!
  • Existing living area is approx. 4,546 sq. ft. on a large 18,820 lot sq. ft.
  • All units are separately metered for both gas and electricity.
  • Sold AS IS and WHERE IS, with all faults, and without warranty, express or implied, with current tenant(s) in place.

OVERVIEW

Rare Opportunity to own a 5-Unit apartment building located in El Monte, zoned R4. For sale AFTER 20 years! Existing living area is approx. 4,546 sq. ft. on a large 18,820 lot sq. ft. Unit mix 1 x 4 bed 2 bath, 2 x 3 bed 1 bath, and 2 x 1 bed 1 bath residential units. All units are separately metered for both gas and electricity. Tenants are responsible for gas and electricity. Sold AS IS and WHERE IS, with all faults, and without warranty, express or implied, with current tenant(s) in place. Easy access to parks, shopping, dining options, entertainment, and San Gabriel Airport. Excellent opportunity for an experienced investor to acquire a 5-unit apartment with considerable value-add potential.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$286 USD /SF

# OF UNITS

5

PRICE/UNIT

$260,000

CAP RATE

6.37%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,818 SF

ZONING

EMR4YY

APN/PARCEL ID

8570-006-019

ASK ABOUT THIS PROPERTY

Vinny JainIngenious Asset GroupMore Info
310-207-2288

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Vinny JainIngenious Asset GroupMore Info
310-207-2288

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.