Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Building size

4,778 sqft

Lot size

23,996 sqft

Year built

1962

Garage spaces

2

Style

Traditional,See Remarks

Heating

Wall Furnace

Cooling

Wall/Window Unit(s)

Pool

None

View

None

Status

Active

Days on market

1

MLS #

247331551

About this property

Bring your vision to Rio Hondo Parkway! Two detached homes with private backyards, plus a 4-unit building, on nearly 24,000 sq ft of land. The two detached homes, a 3BD/1.5BA and a 2BD/2BA, each have laundry inside and a nice-sized backyard, and sit on a 17,938 sq ft parcel. A long driveway runs through the property. The middle home has a two-car garage, the back home has a separate storage structure, and the driveway offers ample parking. In front sits a two-story four-unit building (two 2BD/1BA and two 1BD/1BA) on a 6,058 sq ft lot, with a newer roof and four covered parking spaces. That makes six units in all across two parcels. Located in the heart of the San Gabriel Valley with easy access to the 10, 605, and 60 freeways, El Monte's express bus station, the bike path, and great food, from taquerias and mariscos to dim sum, pho, and boba. Long-term tenants are in place. Offered as-is, this is a value-add opportunity with room to build equity through updates and improvements. Ideal for investors, builders, and owner-users. Rents, income, and details available upon request.

Location

9733 Rio Hondo Parkway

El Monte, Los Angeles, CA, 91733