$1,720,000
$1,780,000
3.4%For more information regarding the value of a property, please contact us for a free consultation.
2529 Adelia AVE South El Monte, CA 91733
6,267 SqFt
Key Details
Sold Price $1,720,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,267 sqft
Price per Sqft $274
MLS Listing ID WS21072933
Sold Date 09/03/21
HOA Y/N No
Year Built 1939
Lot Size 0.392 Acres
Acres 0.3924
Property Description
2529 -2535 Adelia Ave, South El Monte, 7 units apartment in a high demand rental area. Total ± 6,267 SF building situated in a ± 17,092 SF lot, built in 1939 & 1948. 3 single one-story houses in the front, with their own private yards; one unit 4 beds 2 baths, one unit 3 beds 1 bath, one unit 1 bed 1 bath. 2 two-story buildings in the back, total 4 units, have backyard & courtyard; one building has 3 beds 1 bath downstairs, upstairs has another unit with similar layout; the other building has 3 beds 1 bath downstairs, upstairs has another unit with similar layout. 1 built- in garage, 9 carports, 10 open spaces, total 20 parking spaces; the garage and some carports may be used as storage spaces. Separated electric and gas meters, with some newer updates, stable tenants, and convenient location. Current annual gross rental income ±$114,060, with a very good upside potential. Just minutes away from Freeway 10, 60, 605; very close to Rosemead Blvd and Garvey Ave. Groceries, retail plaza, restaurants, bank, stores, auto repairs, etc. nearby. One unit tenant moved out recently; owner just finished updates and ready to rent again. Contact listing agent for rent roll. Please do not disturb tenants, offer subject to interior inspection.
Location
State CA
County Los Angeles
Area 657 - So. El Monte
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Exterior
Garage Spaces 1.0
Carport Spaces 9
Garage Description 1.0
Pool None
Community Features Sidewalks
Total Parking Spaces 20
Private Pool No
Building
Sewer Unknown
Water See Remarks
New Construction No
Others
Senior Community No
Tax ID 8102024036
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with DORESA WANG • TREELINE REALTY