12003 Magnolia Street, El Monte, CA 91732

$1,350,000

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List Price
$1,350,000
Status
ACTIVE
MLS#
OC26187861
Year Built
1962
Lot Size
18,595
Acres
0.43
Lot Location
Back Yard, Corner Lot, Front Yard, Landscaped, Level, Near Park, Near Public Transit, Rectangular Lot
Days on Market
1
Property Type
Multifamily
Property Sub Type
Apartment
Stories
One Level

Property Description

Two duplexes and two single family homes on one parcel of land on the corner of Magnolia Street and Cogswell Road in El Monte. All units are two bedrooms, one bath, with a garage, large private yards, laundry hook-ups, new windows in most units, mini split heat and AC units, front and rear doors, and extremely low rents. The property is 15 times gross on current rents and 8.9 times gross on market rents. See attached marketing brochure for all the details and photos or call or text the listing agent to have one sent to you.

Additional Information

Pool Description
None
Heat
Heat Pump
Cooling
Yes
Cooling Description
Heat Pump
Garage Spaces Total
6
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
6
Gross Scheduled Income
$86,880
Operating Expense
36230

Listing courtesy of Listing Agent: Guy Torelli (Guy@GuyTorelli.com) from Listing Office: Torelli Investment Realty.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.