$665,000
$625,000
6.4%For more information regarding the value of a property, please contact us for a free consultation.
11500 Mcgirk AVE El Monte, CA 91732
2,295 SqFt
Key Details
Sold Price $665,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,295 sqft
Price per Sqft $289
MLS Listing ID AR14177770
Sold Date 11/05/14
Construction Status RepairsCosmetic
HOA Y/N No
Year Built 1934
Tax Year 2013
Lot Size 0.360 Acres
Acres 0.36
Property Description
FIRST TIME ON THE MARKET EVER! ATTRACTIVE 3-UNIT INCOME PROPERTY IN NORTH EL MONTE WITH R-3 ZONING. DON'T MISS THIS RARE OPPORTUNITY TO INVEST IN THIS FANTASTIC PROPERTY WITH HUGE LONG-TERM & SHORT-TERM POTENTIAL. LARGE LOT SIZE CERTAINLY ALLOWS OWNER TO BUILD AND EXPAND...THE POSSIBILITIES ARE ENDLESS. IDEAL CORNER LOT LOCATION, WITH HUGE 15,688 SF LOT SIZE! ALL 3 UNITS ARE DETACHED, FENCED, AND HAVE INDIVIDUAL METERS - GREAT FOR PRIVACY. UNITS ARE IN GOOD CONDITION, SEPARATE LAUNDRY AREAS, WINDOW A/C UNITS, NICELY LANDSCAPED WITH MATURE PLANTS/TREES. PLENTY OF PARKING, ADDITIONAL LARGE GARAGE STRUCTURE IN THE REAR. TREE BRANCH FELL ON GARAGE AND NEEDS REPAIR. INVESTMENT PROPERTY INCLUDES 3 SEPARATE ADDRESSES: 11500 MCGIRK, 11506 MCGIRK, & 4366 ELROVIA. PICS FROM 11506 MCGIRK WERE TAKEN ON 5/24/2013. NICE NEIGHBORHOOD ALONG QUIET STREET WITH WONDERFUL LOCATION IN NORTH EL MONTE. TOTAL CURRENT RENTS ARE $3655/ MONTH, FANTASTIC CAP RATE FOR INVESTORS. ALL INFORMATION DEEMED RELIABLE, BUYER TO VERIFY AND CHECK WITH CITY FOR ALL THE WONDERFUL POSSIBILITIES OF THIS HUGE LOT!
Location
State CA
County Los Angeles
Area 619 - El Monte
Zoning EMR3YY
Rooms
Ensuite Laundry CommonArea
Interior
Interior Features CeilingFans, TileCounters
Laundry Location CommonArea
Heating WallFurnace
Cooling WallWindowUnits
Fireplace No
Laundry CommonArea
Exterior
Garage Concrete, Covered, Driveway, Garage
Garage Spaces 2.0
Garage Description 2.0
Fence ChainLink
Pool None
Community Features Suburban, Sidewalks
Utilities Available SewerConnected
Parking Type Concrete, Covered, Driveway, Garage
Total Parking Spaces 8
Private Pool No
Building
Lot Description BackYard, CornerLot, FrontYard, Landscaped, Level, Yard
Story One
Entry Level One
Water Public
Level or Stories One
Construction Status RepairsCosmetic
Others
Senior Community No
Tax ID 8569021028
Acceptable Financing Cash, CashtoNewLoan, Conventional, Submit
Listing Terms Cash, CashtoNewLoan, Conventional, Submit
Financing Conventional
Special Listing Condition Standard
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Bought with Kelvin Chang • Coldwell Banker Dynasty T.C.