11106 Klingerman Street Pending Save Request In-Person Tour Request Virtual Tour
El Monte,CA 91733
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Pending
Purchase Type For Sale
Square Footage 5,200 sqft
Price per Sqft $268
MLS Listing ID CV-25178491
Year Built 1957
Lot Size 6,705 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
Fireplaces Type None
Laundry Gas & Electric Dryer Hookup
Exterior
Parking Features Assigned,Carport
Pool None
Community Features Sidewalks
Utilities Available Sewer Available,Water Available,Electricity Available,Natural Gas Available
View Y/N No
View None
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer