11202 Klingerman Street, El Monte, CA 91733
Property · 2 recorded sales since 2014
Sold October 2017
Listing Agent: Richard Perez (DRE #00912182) · Listing Office: Berkshire Hathaway HomeServices California Properties · Contact: (626) 440-5100 · Bought with: Lynette Sohl · Berkshire Hathaway HomeServices California Properties · MLS #P0-817001503 · Source: CRMLS
About this property
The subject property addresses are 11202 & 11208 and are 20 unit NON rent control apartment buildings located in the strong rental market of El Monte. Built in 1958, this two-story garden style building consists of two building with 10 units each and an excellent unit mix of 16- 1 bed+1 bath and 4- 2 bed+ 2 bath units which are bright and spacious.There are 20 tuck under, carport style parking spaces for the tenants couple with street parking along with 2 on-site laundry units for the convenience of the tenants. The property has security gates and the front and rear of the building and all units are individually metered for Gas and Electricity Tremendous Value Add opportunity with aggressive Upside! Approx. 70% of the units are remodeled and/or upgraded! Includes APN 8105-020-004* Excellent Unit Mix: 16- 1+1 and 4- 2+2 *Year Built : 1958 *Building sqft: 11,748 * Lot sqft: 12,476* Current Cap: 5.66% * Market Cap: 11.76% * Current GRM: 11.81 * Market GRM: 8.33* Cost per Unit: $135,000 * Cost per sqft: $229.83
Listing description from the October 2017 sale, as reported to CRMLS.
Sale history
