3912 Shirley Avenue, El Monte, CA 91731
Fourplex · 2 recorded sales since 2020
Sold October 2020
Listing Agent: William Bingley (DRE #01940351) · Listing Office: William Bingley, Broker · Contact: 949-315-9059 · Bought with: William Bingley · William Bingley, Broker · MLS #OC20163250 · Source: CRMLS
About this fourplex
Welcome to this INVESTOR SPECIAL offering a fully rented, Income Producing Quadraplex! Located at 3912 Shirley Ave, nestled in one of the most desired pockets of El Monte, this rare opportunity won’t last long. This property proudly sits on a 16,552 sq. ft. Lot, and has an interior Sq. Footage of 2,504 feet! Equipped with four units already rented to long-term tenants, this investment property can be a great way to complete remodels & renovations without disrupting all of your rental income. We are also offering buyers the opportunity to purchase the Property next door at a discount if purchased together. The two lots have a combined sq. footage of 24,111 feet, and there is a potential to build up to 13 units on the land averaging 1,800 sq. ft. per unit. Both parcels of land should be eligible to apply for a General Plan Amendment as a zone change to unify the property as high density residential/R-4 Zone (Buyer and buyer’s agent to verify and do their own due diligence). The 2nd Property (parcel 8577-017-012) described as "3924 Shirley Ave. El Monte, CA 91731", currently has a Single-Family Residence 2-Bedroom 1 Bath totaling approx. 748 interior sq. ft. The home is tenant occupied and has a gross monthly rental income of $1,015. Contact us to today to make this property your next Home-Run investment!
Listing description from the October 2020 sale, as reported to CRMLS.
Sale history
