Est. cap rate

3.1%

Assumed rent, all units

$5,730/mo

Units

3

Price per unit

$366,000

Est. annual NOI

$34,380

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Triplex

Bedrooms

3

Building size

1,815 sqft

Lot size

6,491 sqft

Year built

1941

Stories

1

Garage spaces

0

Cooling

Central Air,Wall/Window Unit(s)

Pool

None

Status

Active

Days on market

51

MLS #

246152867

About this property

Welcome to 2225 Santa Anita, a fully renovated, turnkey triplex in a prime South El Monte location. Offering three units ready to be leased and positioned to maximize rental income! This beautifully updated property presents an exceptional opportunity for investors or owner-occupants looking for immediate income potential without the hassle of existing tenants. The main residence features 3 bedrooms and 2 bathrooms, while the two additional units each offer 1 bedroom and 1 bathroom. Each unit features its own private yard and designated parking spaces, providing desirable privacy and convenience for tenants. Thoughtful upgrades throughout the property include a new electrical panel with provisions ready for future solar installation, creating an opportunity to explore solar energy and potential additional savings or income, subject to applicable utility programs and approvals. The property also features a new central AC system in the primary residence and mini-split systems in both secondary units, providing efficient and comfortable climate control. The exterior has been designed with drought-tolerant landscaping and artificial turf, significantly reducing ongoing landscaping maintenance and water consumption. Water-efficient landscaping and fixtures add to the property's long-term efficiency and appeal. With three separate units, extensive renovations, private outdoor spaces, designated parking, energy-efficient upgrades, and the ability to establish rents at current market rates, this is a rare opportunity to acquire a turnkey income-producing property with tremendous flexibility and establish rental income from day one. Conveniently located near shopping, dining, schools, major freeways, and everyday amenities, this South El Monte property offers tenants easy access to everything they need while providing an investor with a highly desirable rental location. Bring your tenants and start maximizing the potential of this exceptional triplex from day one!

Location

2225 Santa Anita

South El Monte, Los Angeles, CA, 91733