3050 Sastre Ave

    El Monte, CA 91733
    • $1,579,000
    • STATUS: Pending
    • ON SITE: 23 days
    • ID#: WS19228652
    Pending
    UPDATED: 46 min ago
    $1,579,000
    • 0
      BEDS
    • 0.44
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,333
      SQFT
    • $364
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1959
    County:

    School Ratings & Info

    Description

    Proud to present this 6 unit property in the City of El Monte. Built in 1959, the property consists of Four two bedrooms / one bathroom unit and two one bedroom / one bathroom unit, plus a small studio behind the left side garage (enclosed without permit from a permitted open patio rent for $400.00/month. The complex consists of three buildings with a total of 4,333 living sq and lot size of 19,345. The units are individually metered for gas and electricity. The current rents are below market with great tenants all month to month leases. The property is conveniently located just North of Garvey ave and West of Peck Rd with easy access to the 60, 10, and 605 freeways. The property location is surrounded by a residential neighborhood with close proximity to stores, restaurants and schools. This investment provides an opportunity for anyone to acquire a stable income property in one of the strongest rental market in San Gabriel Valley.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-18T23:37:29.343. 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 Allison James Estates and Homes. Licensed in the State of California, USA.
    www.teamforss.com/homes/99344978

    3050 Sastre Ave El Monte, CA 91733

    • Price: $1,579,000
    • Status: Pending
    • Updated: 46 min ago
    • ID#: WS19228652
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.44
    Acres
    4,333
    SQFT
    $364
    $/SQFT
    1959
    Built
    Neighborhood:
    619 - El Monte
    County:
    Los Angeles
    Area:
    619 - El Monte
    Property Description
    Proud to present this 6 unit property in the City of El Monte. Built in 1959, the property consists of Four two bedrooms / one bathroom unit and two one bedroom / one bathroom unit, plus a small studio behind the left side garage (enclosed without permit from a permitted open patio rent for $400.00/month. The complex consists of three buildings with a total of 4,333 living sq and lot size of 19,345. The units are individually metered for gas and electricity. The current rents are below market with great tenants all month to month leases. The property is conveniently located just North of Garvey ave and West of Peck Rd with easy access to the 60, 10, and 605 freeways. The property location is surrounded by a residential neighborhood with close proximity to stores, restaurants and schools. This investment provides an opportunity for anyone to acquire a stable income property in one of the strongest rental market in San Gabriel Valley.
    Exterior Features

    Garage Spaces 6.00 Lot Features 11-15 Units/Acre Lot Size Units Square Feet Parking Total 15.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features See Remarks Levels One

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features CurbsPark Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 102840.00 Gross Scheduled Income 102840.00 Insurance Expense 1393.00 Land Lease YN No Laundry YN Yes Net Operating Income 96564.00 New Construction YN No New Taxes Expense 8660.00 Number Of Separate Electric Meters 6 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 2 Number Of Units Leased 6 Operating Expense 14846.00 Professional Management Expense 0.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 8170.00 Total Expenses 15150.00 Trash Expense 2176.00 Water Sewer Expense 2921.00 Water Source Public Year Built Source Public Records Zoning Emr3

    Listing provided courtesy of John Nguyen of United R.E.- Los Angeles


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-18T23:37:29.343. 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 Allison James Estates and Homes. Licensed in the State of California, USA.
     
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