3137 Vane Avenue, El Monte, CA 91733

$938,000

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List Price
$938,000
Status
ACTIVE
MLS#
TR26178019
Year Built
1940
Lot Size
9,297
Acres
0.21
Lot Location
2-5 Units/Acre, Flag Lot
Days on Market
1
Property Type
Multifamily
Property Sub Type
Triplex
Stories
One Level

Property Description

Great Investment Opportunity! Nestled at the end of a cul-de-sac, this triplex sits on an expansive 9,294 sq. ft. lot and offers excellent income potential. Each of the three units features 2 bedrooms, 1 bathroom, and individual laundry hookups. The property is separately metered for gas and electricity, while the seller currently pays for water and trash. Each unit also has its own address: 3137, 3135, and 3135 1/2 Vane Ave. With plenty of parking available on the oversized lot, this property provides added convenience for tenants. All three units are occupied by long-term, month-to-month tenants, generating a steady monthly income. Conveniently located close to shopping, dining, and other amenities, with easy access to major freeways, this property presents a fantastic opportunity for investors seeking steady residential rental income.

Additional Information

Other Buildings
Outbuilding
Pool Description
None
Heat
Floor Furnace, Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
None
Garage Spaces Total
2
Sewer
Public Sewer
Water
Private
Attached Structure
Detached
Number Of Units Total
3
Gross Scheduled Income
$68,880
Operating Expense
6662

Listing courtesy of Listing Agent: David Wong (dxwrealestate@gmail.com) from Listing Office: Pinnacle Real Estate Group.

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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.