Listing Detail

IAG

11100 Lower Azusa Rd, El Monte, CA 91731

Rare Opportunity to own a 5-Unit apartment building located in El Monte, zoned R4. For sale AFTER 20 years! Existing living area is approx. 4,546 sq. ft. on a large 18,820 lot sq. ft. Unit mix 1 x 4 bed 2 bath, 2 x 3 bed 1 bath, and 2 x 1 bed 1 bath residential units. All units are separately metered for both gas and electricity. Tenants are responsible for gas and electricity. Sold AS IS and WHERE IS, with all faults, and without warranty, express or implied, with current tenant(s) in place. Easy access to parks, shopping, dining options, entertainment, and San Gabriel Airport. Excellent opportunity for an experienced investor to acquire a 5-unit apartment with considerable value-add potential.

Highlights:

-5-Unit apartment building located in El Monte, zoned R4

-For sale AFTER 20 years!

-Existing living area is approx. 4,546 sq. ft. on a large 18,820 lot sq. ft.

-All units are separately metered for both gas and electricity.

-Sold AS IS and WHERE IS, with all faults, and without warranty, express or implied, with current tenant(s) in place.

Property Highlights
Street 11100 Lower Azusa Rd
City El Monte
State CA
Zip 91731
Status Available
Property Type Multi-family
Asking Price 1,300,000
Year Built 1962
Building Sq Ft 4,546
Number of units 5
CAP Rate 6.37
GRM 10.08
Value per unit 260,000
Value per Square Feet 285.97
Broker Name Vinny Jain
Telephone 3102072288
Email sales@iagpm.com
<< Back