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Key Details
Sold Price $800,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV14027975
Sold Date 04/28/14
HOA Y/N No
Year Built 1962
Tax Year 2012
Lot Size 7,056 Sqft
Property Description
We are pleased to exclusively present the Woodville Drive Apartments located in El Monte, California.
Built in 1962, this two story garden style building consists of four multifamily units with 100 percent two-bedroom/one-bathroom plans. Each unit is approximately 774 square feet with tile flooring throughout the living room and kitchen. The property is surrounded by mostly single family homes with minimal competition in the area. Each unit offers one assigned garage parking and ample street parking. There is an additional garage parking which can be used as extra storage. The apartment also offers a beautiful courtyard with gated entrance.
The subject property is located north of Ramona Boulevard between Peck Road and Woodville Drive within walking distance to the El Monte Shopping Center, El Monte Metrolink, churches and nearby parks. Tenants also have easy access to Interstates 10, 210 and 605 and State Route 60. The location offers strong rental demand with over 240,000 residents in a 3 mile radius.
The investment offers an opportunity to acquire a well maintained, turnkey property with easy management in one of the strongest rental markets in the San Gabriel Valley.
Location
State CA
County Los Angeles
Area 619 - El Monte
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Tile
Fireplace No
Exterior
Parking Features Assigned
Garage Spaces 5.0
Garage Description 5.0
Pool None
Community Features Curbs
Utilities Available Sewer Available
Total Parking Spaces 5
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Entry Level Two
Water Public
Level or Stories Two
Others
Tax ID 8548017031
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Trust Deed
Special Listing Condition Standard
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Bought with EDWARD PAN • MARCUS & MILLICHAP
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Monique H. Ott-Beacham
Broker | License ID: DRE #01448692
Broker License ID: DRE #01448692