11106 Klingerman St - Apartments FOR SALE


South El Monte, CA 91733
$1,395,000 USD
626-427-0786
11106 Klingerman St, South El Monte, CA for Sale
$1,395,000 USD
Apartments - FOR SALE
1/6
null | 5.56% Cap Rate

11106 Klingerman St
South El Monte, CA 91733


HIGHLIGHTS

  • Motivated Seller - Priced to Sell!
  • 30% Upside in Rental Income!
  • Current CAP Rate 5.56% | 11.87 GRM
  • All 2-Bedroom/1-Bathroom Units
  • Large Units - Nearly 900 Sqft Each

OVERVIEW

Kristopher German of The Apartment Dealer brings you a rare, high-return opportunity in the San Gabriel Valley! This multi-family property offers all spacious 2-Bed/1-Bath units totaling 5,200 rentable square feet on a 6,705 square foot lot. With no local city rent control and a 30% upside in rental income, there’s tremendous potential to boost cash-flow and long-term value. Tenants enjoy desirable amenities including gated private parking, interior laundry hookups, and copper plumbing throughout. At an attractive price of only $232,000 per unit, the property is positioned to deliver strong returns with a current CAP Rate of 5.56% & GRM of 11.87...and it only gets better from there. Seller is motivated and priced to sell—don’t miss this rare chance to acquire a quality asset in one of Southern California’s most sought-after rental markets!

FOR SALE DETAILS

PRICE

$1,395,000 USD

PRICE/SF

$184 USD /SF

# OF UNITS

6

PRICE/UNIT

$232,500

CAP RATE

5.56%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

6 Units El Monte Priced to Sell!

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,705 SF

ZONING

EMR3*

APN/PARCEL ID

8105-019-019

ASK ABOUT THIS PROPERTY

Kristopher GermanThe Apartment DealerMore Info
626-427-0786

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Kristopher GermanThe Apartment DealerMore Info
626-427-0786

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