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Tera Rench

terarenchre@gmail.com +1(262) 370-7299

$1,550,000

Est. payment - /mo

0.32 Acres Lot

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV26216151

HOA Y/N No

Year Built 1964

Lot Size 0.318 Acres

Property Sub-Type Quadruplex

Property Description

Seller Financing Available! Exceptional opportunity to acquire a four-unit income property with seller-carried financing available to qualified purchasers. Attractive financing terms may provide an alternative to traditional investment property lending. All Financing terms are subject to seller approval, buyer qualifications, and mutually acceptable agreements. This fully occupied four-unit residential income property offers appx 3,988 sqft of total building area on a generous 13,835sqft lot with established month- to- month tenancies and current gross scheduled income. The property features a desirable mix of spacious 2-3 bedroom residences, including a rear residence with a garage, providing versatile rental configuration and strong long-term income potential.
Major capital improvement already completed- roofs on all units have been replaced, offering added value and peace of mind for the next owner. The interiors are largely in original/dated condition, presenting an excellent opportunity for future modernization and value enhancement as circumstances permit. Tenants pay their own gas and electricity.
Ideally suited for an investor seeking an established income-producing property with significant long-term rental and improvement upside. Convenient El Monte location with access to shopping, dining, transportation, and major commuter routes.
Fully tenant-occupied four-unit investment property. Please do not disturb occupants. Exterior viewing only prior to an accepted offer. Interior inspection available following accepted offer and seller coordination.

Location

State CA

County Los Angeles

Area 619 - El Monte

Interior

Heating Central

Inclusions Stove in Each Unit

Fireplace No

Appliance Gas Oven, Gas Range

Laundry Washer Hookup, Gas Dryer Hookup, Inside

Exterior

Garage Spaces 1.0

Garage Description 1.0

Pool None

Community Features Street Lights

Roof Type Shingle

Total Parking Spaces 1

Private Pool No

Building

Lot Description Landscaped, Sprinkler System

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 8577011011

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Trust

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Listed by Sabrina Miller Sabrina Lynn MIller, Broker 714-421-1163, DRE #01859262

NEARBY SCHOOL & BUSINESS

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3922 Rowland El Monte, CA 91731