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3918 Velma Avenue, El Monte, CA 91731

Property · 2 recorded sales since 2012

3918 Velma Avenue, El Monte, CA 91731 Sold July 2021 CRMLS
$955,000Sold July 2021

Listing Agent: PAUL BONTEMPO (DRE #01142074) · Listing Office: First Team Real Estate - OC · Contact: 714-536-9292 · Bought with: Nhuc Tang · KW Executive · MLS #CV21010064 · Source: CRMLS

4,774 sqft
Lot Size
1940
Year Built
Property
Type
2
Stories
0
Garage
$10,440/yr
Taxes

About this property

A real money maker!! This six unit apartment complex is located above the I-10, East of Baldwin Avenue walking distance to shopping and recreation. Enjoy the stability of long term tenants. Unit mix: 2 (3 bed 1 bath), 2 (1 bed 1 bath), 2 (Studios). The interiors have been upgraded including: All units being painted recently; 4 with complete bathroom remodels; 5 with newer carpet; 4 with window A/C's. Covered parking for 2 vehicles with 2 additional onsite parking. NEW asphalt driveway and newer roof with 2 Year Roof Cert. With a 4.5% CAP Rate and upside potential, drive by, take a peek and let's make this one yours!

Listing description from the July 2021 sale, as reported to CRMLS.

Sale history

$955,000
Sold July 2021 · listed $979,000, orig. $1,098,000, on market January 2021 · MLS #CV21010064 · Source: CRMLS
Listing Agent: PAUL BONTEMPO · Listing Office: First Team Real Estate - OC · Contact: 714-536-9292 · Bought with: Nhuc Tang · KW Executive
$590,000
Sold December 2012 · listed $598,888, on market September 2012 · MLS #12626115 · Source: CRMLS
Listing Agent: Kristopher German · Listing Office: Re/Max Commercial · Contact: 213-817-1000 · Bought with: Kristopher German · Re/Max Commercial
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