CA > El Monte
El Monte, CA 91733,11106 Klingerman ST #6
El Monte, CA 91733,11106 Klingerman ST #6
El Monte, CA 91733,11106 Klingerman ST #6
El Monte, CA 91733,11106 Klingerman ST #6
El Monte, CA 91733,11106 Klingerman ST #6
El Monte, CA 91733,11106 Klingerman ST #6
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Dan Andrizzi

Dan Andrizzi

+1(805) 475-3736
$ 1,395,000
Est. payment | /mo

6,703 Sqft Lot

Save
$ 1,395,000
Est. payment | /mo
Save

6,703 Sqft Lot

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV25178491

HOA Y/N No

Year Built 1957

Lot Size 6,703 Sqft

Property Sub-Type Apartment

Property Description

Outstanding investment opportunity in the heart of the strong San Gabriel Valley rental market! 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!

Location

State CA

County Los Angeles

Area 619 - El Monte

Zoning EMR3*

Interior

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Laundry Electric Dryer Hookup, Gas Dryer Hookup

Exterior

Parking Features Assigned, Carport

Carport Spaces 6

Fence Wrought Iron

Pool None

Community Features Sidewalks

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available

View Y/N No

View None

Roof Type Shingle

Total Parking Spaces 6

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 8105019019

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

CRMLS – RECore
Listed by Kristopher German RE/MAX 2000 REALTY 909-645-0443

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agent
Dan Andrizzi

Broker-Associate | Lic# 01440387

+1(805) 475-3736

971 South Westlake Boulevard, Suite # 100, Village, CA

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11106 Klingerman ST #6