South El Monte, CA 91733,2529 Adelia AVE
$1,720,000
Est. payment /mo
$1,780,000
3.4%
Est.Price: ?

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0.39 Acres Lot
SOLD DATE : 09/03/2021

Key Details

Sold Price $1,720,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID WS21072933

Sold Date 09/03/21

HOA Y/N No

Year Built 1939

Lot Size 0.392 Acres

Property Description

2529 -2535 Adelia Ave, South El Monte, 7 units apartment in a high demand rental area. Total ± 6,267 SF building situated in a ± 17,092 SF lot, built in 1939 & 1948. 3 single one-story houses in the front, with their own private yards; one unit 4 beds 2 baths, one unit 3 beds 1 bath, one unit 1 bed 1 bath. 2 two-story buildings in the back, total 4 units, have backyard & courtyard; one building has 3 beds 1 bath downstairs, upstairs has another unit with similar layout; the other building has 3 beds 1 bath downstairs, upstairs has another unit with similar layout. 1 built- in garage, 9 carports, 10 open spaces, total 20 parking spaces; the garage and some carports may be used as storage spaces. Separated electric and gas meters, with some newer updates, stable tenants, and convenient location. Current annual gross rental income ±$114,060, with a very good upside potential. Just minutes away from Freeway 10, 60, 605; very close to Rosemead Blvd and Garvey Ave. Groceries, retail plaza, restaurants, bank, stores, auto repairs, etc. nearby. One unit tenant moved out recently; owner just finished updates and ready to rent again. Contact listing agent for rent roll. Please do not disturb tenants, offer subject to interior inspection.

Location

State CA

County Los Angeles

Area 657 - So. El Monte

Interior

Fireplace No

Laundry None

Exterior

Garage Spaces 1.0

Carport Spaces 9

Garage Description 1.0

Pool None

Community Features Sidewalks

Total Parking Spaces 20

Private Pool No

Building

Sewer Unknown

Water See Remarks

New Construction No

Others

Senior Community No

Tax ID 8102024036

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by DORESA WANG • TREELINE REALTY
Bought with DORESA WANG • TREELINE REALTY

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Monique H. Ott-Beacham

+1(619) 757-3109

Broker | License ID: DRE #01448692

Broker License ID: DRE #01448692

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