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Key Facts

Type Quadruplex
Levels Residential Income
Size -
Garage No
Taxes $6,615
Days Active 2
Lot Size 
Approx. Age 1945
MLS® Number IG25169336

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Great investment opportunity in the heart of El Monte! This 4-unit is located on a quiet cul-de-sac close to Elliot Park and schools. Easy access to 10 and 60 freeways. Each unit has a private patio and washer/dryer hookups. Front unit (12127 Motehouse st) is a Single Family Residence with 2 beds and 1 bath. Back building has the other 3 units – Two 1 bed/1 bath (12129, 12129 1/2 Morehouse St), and One studio with 1 bath (12129 1/4 Morehouse St). Property is fully occupied with long-term tenants. Tenants pay Gas and Electricity with their separate meters. Rents have not been raised for years. Property has stable cash flow with MASSIVE UPSIDE POTENTIAL. Investors have the flexibility to strategically raise rents, enhance unit interiors, or add modern amenities to significantly increase returns. Whether you’re a seasoned investor or just entering the multifamily space, this is the kind of asset that builds long-term wealth. Don’t miss your chance to transform this rare multi-unit into a cash-flow powerhouse! PLEASE DO NOT DISTURB THE TENANTS as THIS IS DRIVE BY ONLY . OFFER SUBJECT TO INTERIOR​​‌​​​​‌​​‌‌​‌‌​​​‌‌​​‌‌​‌​​​​​‌ INSPECTION.Show Description
MLS® NumberIG25169336
Laundry LevelElectric Dryer Hookup, Gas Dryer Hookup
Central VacNo
FireplaceNo
Acreage0.1577
Exterior
GarageNo
Approx. Age1945
Basement
DrivewayCarport
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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