2941 Maxson Road, El Monte, CA 91732

About this property

Attention investors! Don't miss this extraordinary investment opportunity in the bustling city of El Monte. This 7-unit income property sits on a spacious 19,000 sqft lot and offers 5,966 sqft of well-maintained living space. Several units have been recently updated, increasing the property's appeal and reducing future upkeep. Each unit is equipped with washer and dryer hook-ups, adding an extra layer of convenience for tenants. Ample parking is a huge plus, thanks to a long driveway that accommodates up to 13 vehicles and a separate 2-car garage, ideal for additional storage. Located near major transportation routes, the property promises steady tenant demand and numerous options for future development, making it a high-yield asset with significant upside potential.

Listing description from the November 2023 sale, as reported to CRMLS.

Sale history

$1,800,000

Sold November 2023 · listed $1,899,900, on market October 2023 · MLS #PW23192656 · Source: CRMLS

Listing Agent: Ray Miramontes · Listing Office: Circle Real Estate · Contact: 562-521-9022 · Bought with: Poe Ngo · RE/MAX CHAMPIONS

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