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ResidentialIncome — 2519 Mountain View Rd, El Monte, CA

$875,000

2519 Mountain View Rd, El Monte, CA

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About this property

Just Listed 4 Units El Monte PRICED TO SELL! Outstanding value-add opportunity in the heart of El Monte, featuring four single-story units across three separate structures on an expansive 15,826 sq. ft. lot. The property offers 2,693 rentable sq. ft. comprised of: a detached 2-Bed/1-Bath cottage, a detached 1-Bed/1-Bath cottage, and a duplex consisting of a 2-Bed/1-Bath unit and 1-Bed/1-Bath unit. All units are separately metered for electricity and gas, while the owner pays for water and trash. Tenants enjoy ample onsite open parking and the privacy of single-story living. With no local city rent control ordinance and an incredible 80% upside in rental income, this property presents tremendous potential for investors seeking cash-flow growth and long-term appreciation. Priced to sell, this is an opportunity you won’t want to miss in one of the San Gabriel Valley’s most stable rental markets. The property is currently tenant occupied and will be delivered with tenants in place.

Property details

Year built
1949
Property type
ResidentialIncome

Location

2519 Mountain View Rd • El Monte, CA 91733

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Listed by

Kristopher German · RE/MAX 2000 REALTY