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$950,000
5 bed
4 bath
0 Sqft
5,300 Sqft lot

3438 Gilman Road, El Monte, California 91732

  • Residential Income Property Type
  • 23 Days Time on market
  • 1962 Year Built
Property Description

JUST REDUCED! We are pleased to present a 4-Unit multi-family investment opportunity in the prime area of North El Monte. This fourplex features (1) 2-Bed/1-Bath unit, and (3) 1-Bed/1-Bath units. Tenants have access to on-site carport parking and yard space. Each unit is separately metered for gas and electricity. This property offers a substantial 45% potential upside in rental income, making it an attractive prospect for maximizing return on investment. Moreover, the property enjoys the advantage of no local city rent control, giving you the flexibility to reposition tenants with a “substantial remodel” approach in an effort to obtain competitive rental rates, and optimize your investment strategy. One unit to be delivered vacant at the close of escrow.

Basic Details
Residential Income
Buy
CV24015480
$950,000
5
4
0 Sqft
1962
5,300 Sqft
Pending
Apartment
Houses
Features
: Sidewalks, Curbs, Gutters
4
$0
: Public Sewer
Address
CA
Los Angeles
El Monte
91732
3438 Gilman Road
3438
Road
0
W119° 59' 30.4''
N34° 3' 53.8''
Additional Information
23
1
2
2
: Two
: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside
0
2,446 Sqft
1
0 Sqft
0 Sqft
0.12 Sqft
5,300 Sqft
1
: 2+ Common Walls
0 Sqft
EMR3YY
8549041002
$0
$0
$0
$3,000
1
$0
$204
0 Sqft
1
0 Sqft
$0
1
25/04/2024
25/04/2024 00:00:00
$975,000
: Standard
Cash,CashtoNewLoan
North of I-10, West of I-605; Near the Intersection of Exline St & Gilman Rd
Destrahan
Harry Hurst
RE/MAX 2000 REALTY
Kristopher German
51247
CV33418
$0
4
56
1
: Item25unitsacre
1
1
: Square Feet
1
: Community Apartment
yes
1
4
4
1
4
A
7
68940
US-06037-N-8549041002-R-N
Apartment
25/01/2024 21:34:23
Gilman
619 - El Monte
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