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12223 Magnolia Street

El Monte, CA 91732
  • $2,500,000
  • STATUS: Active
  • ON SITE: 28 Days
  • ID#: P1-10568
UPDATED: 20 min ago
$2,500,000
  • 0
    BEDS
  • 0.44
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1960
County:

School Ratings & Info

Listing Agent(s): Powai Wong of Coldwell Banker Realty ((626) 584-0050)


Description

These 6-house property situated on a 19,260 square foot R3 zoning lot with a total building size of 5,080 square feet. The property features five detached single-story buildings. Four single family houses plus a duplex. Each house has its own private yard, laundry area and 3 assigned parking spots. Two houses are 2 bedroom+den/one-bathroom and four houses are 2 bedroom/one-bathroom with average unit size of 847 square feet. Every unit includes wall air conditioning and heating, washer hook-ups, and individual water heaters. The whole lot has new driveway and pavement. All units have new fence. Three units have newly remodel and another three in good condition. Well manage property with very low expense and maintenance. All tenants pay rent on time. Convenient location close to 10 and 605 FWY. R3 zoning with potential. Tenants do not know the sales, please do not walk in the property.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-19T09:31:44.967. 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 Massa & Associates Real Estate Group | eXp California Realty Inc. Licensed in the State of California, USA.
www.itsyourmovesandiego.com/homes/131128467
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12223 Magnolia Street El Monte, CA 91732

  • Price: $2,500,000
  • Status: Active
  • On Site: 28 Days
  • Updated: 20 min ago
  • ID#: P1-10568
0
Beds
0
Baths
0
½ Baths
0.44
Acres
1960
Built
Neighborhood:
Not Applicable
County:
Los Angeles
Area:
619 - El Monte
Property Description
These 6-house property situated on a 19,260 square foot R3 zoning lot with a total building size of 5,080 square feet. The property features five detached single-story buildings. Four single family houses plus a duplex. Each house has its own private yard, laundry area and 3 assigned parking spots. Two houses are 2 bedroom+den/one-bathroom and four houses are 2 bedroom/one-bathroom with average unit size of 847 square feet. Every unit includes wall air conditioning and heating, washer hook-ups, and individual water heaters. The whole lot has new driveway and pavement. All units have new fence. Three units have newly remodel and another three in good condition. Well manage property with very low expense and maintenance. All tenants pay rent on time. Convenient location close to 10 and 605 FWY. R3 zoning with potential. Tenants do not know the sales, please do not walk in the property.
Exterior Features

Carport Spaces 18 Carport YN Yes Entry Location Front Fencing Wood Lot Features Sprinklers None Number Of Separate Electric Meters 6 Parking Features AssignedCarportDriveway Level Parking Total 18 Pool Features None Pool Private YN No Property Attached YN No Spa Features None Spa YN No View None View YN No

Interior Features

Common Walls No Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No Flooring LaminateTileVinyl Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Community Features Park Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 137892 Gross Scheduled Income 137892 Insurance Expense 2451 Land Lease YN No Laundry Features Inside Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional1031 ExchangeSubmit Net Operating Income 127784 New Construction YN No Number Of Separate Gas Meters 6 Number Of Separate Water Meters 1 Operating Expense 10108 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 3357 Water Sewer Expense 4300 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-19T09:31:44.967. 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 Massa & Associates Real Estate Group | eXp California Realty Inc. Licensed in the State of California, USA.
 
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Massa & Associates Real Estate Group | eXp California Realty Inc
848 Prospect St
La Jolla CA, 92037
Listing Agent(s): Powai Wong of Coldwell Banker Realty ((626) 584-0050)