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    2521 Floradale Avenue

    El Monte, CA 91732
    • $790,000
    • STATUS: Active Under Contract
    • ON SITE: 62 days
    • ID#: WS21053503
    Under Contract
    UPDATED: 8 min ago
    $790,000
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,506
      SQFT
    • $315
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1958
    County:

    School Ratings & Info

    Description

    Investor Opportunity! This property is already reasonably priced to reflect the low rents. Do not miss this rare once in a lifetime chance to own this bread and butter income property. Longtime family owned with long time tenants. All 2 bed units with one car attached garages in addition to extra parking spaces.. Good El Monte rental location. This property presents much potential. Units were newly re-roofed in 2018. Potential for rents to be much higher. Nice wide driveway in good condition provides easy access in and out of the property.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-17T12:39:04.213. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Bhagat Group. Licensed in the State of California, USA.
    www.propertycove.com/homes/115128812
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    2521 Floradale Avenue El Monte, CA 91732

    • Price: $790,000
    • Status: Active Under Contract
    • Updated: 8 min ago
    • ID#: WS21053503
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    2,506
    SQFT
    $315
    $/SQFT
    1958
    Built
    Neighborhood:
    619 - El Monte
    County:
    Los Angeles
    Area:
    619 - El Monte
    Property Description
    Investor Opportunity! This property is already reasonably priced to reflect the low rents. Do not miss this rare once in a lifetime chance to own this bread and butter income property. Longtime family owned with long time tenants. All 2 bed units with one car attached garages in addition to extra parking spaces.. Good El Monte rental location. This property presents much potential. Units were newly re-roofed in 2018. Potential for rents to be much higher. Nice wide driveway in good condition provides easy access in and out of the property.
    Exterior Features

    Lot Features Rectangular Lot Number Of Separate Electric Meters 3 Open Parking Spaces 3 Parking Features Garage Parking Total 6 Pool Features None Pool Private YN No Property Attached YN Yes Spa Features None Spa YN No

    Interior Features

    Common Walls 1 Common Wall Fireplace Features None Fireplace YN No Heating Wall Furnace Heating YN Yes Interior Features All Bedrooms Down

    Property Features

    Additional Parcels YN No Common Interest None Community Features CurbsSidewalks Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 31416 Gross Scheduled Income 31416 Insurance Expense 819 Land Lease YN No Laundry Features None Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional Net Operating Income 25458 New Construction YN No New Taxes Expense 0 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 0 Operating Expense 5958 Other Expense 1986 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 2618 Trash Expense 1115 Water Sewer Expense 2034 Water Source Public Zoning Emr3*

    Listing provided courtesy of Thomas Georgino of Thomas Georgino Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-17T12:39:04.213. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Bhagat Group. Licensed in the State of California, USA.
     
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    The Bhagat Group
    22939 Hawthorne Blvd, Suite 203
    Torrance CA, 90505