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Full details for 8 Bedroom Quadruplex For Sale in El Monte, California

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Description

**Attention Investors!** - Welcome to Roseglen St. an incredible investment opportunity located in the heart of North El monte. At first sight, this multi-family property offers five single houses sitting on a flat lot totaling approx. 31,144 Sq.Ft (per assessor records) with their own addresses, private entrances and utility meters, providing a host of attractive amenities to any Investor whose seeking consistent rental income in a prime location. Whether you plan to purchase/occupy or rent and enjoy great income potential from all units, this property offers a range of desirable features that make it an excellent choice for those looking to capitalize on the strong rental market. Currently tenants occupy 4 units. 11839 is approx. 1229 Sq.Ft featuring 2 beds and 1 bath; 11841, 11843, 11845 are all approx. 792 Sq.ft featuring 2 beds 1 bath 1 attached garage with remodeled kitchens and bathrooms. Each unit has their own front and backyard accompanied by plenty of parking space inside the lot, the Middle unit has been converted to a garage and a certificate of compliance has been issued and is in good standing with the city (available upon request).Situated within the Unified School District of El monte, Roseglen is close to everything; students of various levels can access nearby schools, multiple grocery markets all within walking distance. Off of North Peck Road and Lower Azusa road, the property is nearby public transportation and major freeways for easy access to LA, San Gabriel Valley, and Inland Empire making it an ideal location for commuters, minutes away from the world famous San Gabriel Valley eateries, the cities of Alhambra, Monterey Park, Arcadia, San Gabriel, Temple City, and Rosemead are home to some of the most famous food and entertainment youu2019ll find in the greater Los Angeles area. In addition, Investors benefit from high demand and low vacancy rates as the surrounding community is rapidly expanding with new retail business and commerce driving up property value, rent, and long term growth potential for years to come. This property is surely a profitable addition to any real estate portfolio and lots of this size do not come on the market often; An ideal 1031 Exchange to capitalize on tax benefits, so why wait? You donu2019t want to miss out on the chance to secure this rare and savvy investment in the beautiful city of El Monte! Back to listing