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3704 Tyler Ave, El Monte, CA 91731

  • $1,150,000

  • bed

  • bath

Multi-family for sale 6 days
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About 3704 Tyler Ave

Property type Multi-family
Neighborhood
Year built 1958
HOA fee $0/month
Lot size 6,741 Sqft
Movoto estimate
Rental estimate
Property description
A solid opportunity to acquire a fully occupied 4 unit property in a strong rental market of in the city of El Monte with NO local rent control. This two story apartment consists of (2) 2 bedroom and (2) 1 bedroom units offering a good unit mix for the area. Plus there’s tons of yard space, a laundry and storage room in the rear, and a wide carport structure for dedicated parking for each unit. The entire property sits on a 6,741sf sized lot with R3 zoning, offering tons of potential for an ADU conversion, create additional parking, and maximize rents in the future. Good Location in El Monte North of the 10 fwy, near San Gabriel Valley Airport, Rosemead, local shops & restaurants. ACTUAL 5.2% CAP RATE 13.3 GRM!
Listed by
Listing Agent - Brian Noh
Listing Agent Contact: 9493085775
Listing Office - Nohco Real Estate
Source: CRMLS mls logo
MLS#OC26162752 • last updated 6 days ago
Movoto checked CRMLS for data 1 minute ago
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Overview
Levels/Style Two, Traditional
Type Residential Income
SubType Quadruplex
Status Active
Lot Size (Acres) 0.1548
Lot Size (SqFt) 6741
Year Built 1958
Interior
Appliances Water Heater, Range Hood, Gas Range
Interior Features Ceiling Fan(s)
Exterior
Construction Vertical Siding, Stucco
Building Area Square Feet, 2982
Parking Concrete, Carport, Driveway
# Uncovered Spaces 1
# Carport Spaces 4
# Parking Spaces 5
Lot Description Landscaped, 2-5 Units/Acre, Front Yard, Sprinkler System, Back Yard, Lawn
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Spa None
Pool None
Location
View None
County Los Angeles
Community Features Curbs, Street Lights
Directions North Of 10 Fwy, On Tyler Road, North Of Ramona & Valley, Near Kauffman St.
APN 8568029011
Multifamily Details
Operating Expense 26633
Cap Rate 5.2
Total Expenses 26633
Gross Income 86640
Gross Multiplier 13.3
Gross Scheduled Income 86640
Lot/ Land Details
Road Frontage City Street
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  • Real Estate
  • CA
  • Los Angeles County
  • El Monte
  • 91731
  • Norwood Cherrylee
  • 3704 Tyler Ave

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The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
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