Investment opportunity! 5 single story houses sitting on a 12,180sqft. flat lot located in the city of El Monte. It is a perfect investment to receive passive income of $6,450 a month or for new development. Huge upside rental income potential here. Rents currently are very low compared to market rent. Long term tenants 30+ years have been paying on-time even during the pandemic. All 5 units are 2bedrooms, 1bathroom each. 4 units are rented for $1300 and 1 for $1250. There are many multiple homes in development or have been re-built in recent years in the neighborhood. The potential is unlimited with this property. Its sold AS IS, NO REPAIRS, NO TERMITE WORK, or CREDIT will be provided by seller. Easy access to the 60 and 605 freeways, supermarkets, shops, restaurants, and public transportation. Please DO NOT DISTURB occupants.
Investment opportunity! 5 single story houses sitting on a 12,180sqft. flat lot located in the city of El Monte. It is a perfect investment to receive passive income of $6,450 a month or for new development. Huge upside rental income potential here. Rents currently are very low compared to market rent. Long term tenants 30+ years have been paying on-time even during the pandemic. All 5 units are 2bedrooms, 1bathroom each. 4 units are rented for $1300 and 1 for $1250. There are many multiple homes in development or have been re-built in recent years in the neighborhood. The potential is unlimited with this property. Its sold AS IS, NO REPAIRS, NO TERMITE WORK, or CREDIT will be provided by seller. Easy access to the 60 and 605 freeways, supermarkets, shops, restaurants, and public transportation. Please DO NOT DISTURB occupants.