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Listed by Salman Shahab • Alta Realty Group
$ 949,000
Est. payment /mo
Active
12127 Morehouse Street El Monte, CA 91732
1,866 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,866 sqft
Price per Sqft $508
MLS Listing ID IG-25169336
Year Built 1945
Lot Size 6,869 Sqft
Property Sub-Type Quadruplex
Property 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.
Location
State CA
County Los Angeles
Area 619 - El Monte
Zoning EMR1A*
Interior
Laundry Gas & Electric Dryer Hookup
Exterior
Parking Features Carport
Pool None
Community Features Park
Building
Lot Description 2-5 Units/Acre
Sewer Public Sewer
NEARBY SCHOOLS & PROPERTIES
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