Sold
2668 Santa Anita Avenue
El Monte CA, 91733
$4,340,000
$290.03 per sqft
Sold
32 Beds
30 Baths
14,964 sqft
Residential
Built in 1963
Listed by Shant Sherbetdjian with Remax Commercial and Investment Realty 213-817-1000
We are pleased to present our exclusive listing of 15 Units located on Santa Anita Avenue in the heart of El Monte. The subject property features Oversized 2 and 3 Bedroom Two-Story Townhome Style Apartments and is comprised of (TWO) 3 Bedroom + 1.5 Bathroom Units and (THIRTEEN) 2 Bedroom + 1.5 Bathroom Units. Total rentable square footage of the building is approximately 14,964 sq. ft. (built in 1963) on a large sized lot measuring 24,254 sq. ft. zoned EMR4YY. Tenants enjoy the convenience of on-site laundry room while Landlord enjoys the additional income from the owner-owned laundry machines. This is an excellent investment opportunity that is within walking distance to Garvey Avenue. In this limited market inventory and with a substantial improvement approach, a new investor may bring this value-add potential to its rental upside of +/-42%. This property is a great asset for an exchange purchase or an investor seeking growth & stability in a desirable rental community. Property is located within a short drive to the El Monte Valley Mall & the 10 Freeway. Please Note: Buyer to Assume CHASE Loan (with an Approx. Balance of $2,194,000) at 3.25% Fixed until 11/01/2026. Contact listing agent for more details.
22174245
MLSⓇ ID
July 5, 2022
Listed
March 23, 2024
Updated
Map
2668 Santa Anita Avenue
El Monte CA, 91733
Interior Features
Total Stories
2
Bedrooms
32
Total Bathrooms
30
Laundry Description
Laundry Room
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.56 Acres
Other Property Details
Area Name
657 - So. El Monte
Days on Market
20
Garage
Yes
Garage Spaces
19
Parking
Garage
Parking Total
19
View
No
County
Los Angeles
Pool
No
Zoning
EMR4YY
Buyer Agency Compensation
2%
Listing Contact: 213-817-1000
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.
Data last updated on 3/23/2024 at 1:44 AM UTC