2655-2661 Mountain View Rd - Apartments FOR SALE


El Monte, CA 91732- Mountain View
$2,650,000 USD
909-239-9104
2655-2661 Mountain View Rd, El Monte, CA for Sale
$2,650,000 USD
Apartments - FOR SALE
1/10
null | 5.72% Cap Rate

2655-2661 Mountain View Rd
El Monte, CA 91732
Mountain View


OVERVIEW

This multitenant building presents an excellent investment opportunity in the vibrant city of El Monte. Built in 1947, this well-maintained property boasts a total of 13 units, providing a diverse range of rental income streams. With a building square footage of ±6,286 and a spacious lot spanning ±20,391 square feet, this property offers ample space for tenants to enjoy. Nestled in the heart of El Monte, this property benefits from its prime location within a thriving community. Residents will appreciate the convenience of nearby amenities, including shopping centers, dining options, and recreational facilities. Easy access to major transportation routes and public transit further enhances the appeal of this location. With its attractive unit count and generous lot size, this property presents an enticing investment opportunity for those seeking to expand their real estate portfolio. The historical charm of the building, combined with its potential for modernization, offers a compelling proposition for investors looking to maximize rental income and property value. Don't hesitate to reach out for further details or to schedule a viewing of this promising multitenant building in El Monte.

FOR SALE DETAILS

PRICE

$2,650,000 USD

PRICE/SF

$262 USD /SF

# OF UNITS

13

PRICE/UNIT

$203,846

CAP RATE

5.72%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1947

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,473 SF

ZONING

EMC3VV

APN/PARCEL ID

8105-008-048

ASK ABOUT THIS PROPERTY

Greg EngelThe AgencyMore Info
909-239-9104

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Greg EngelThe AgencyMore Info
909-239-9104

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