South El Monte, CA 91733,2529 Adelia AVE
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South El Monte, CA 91733,2529 Adelia AVE
South El Monte, CA 91733,2529 Adelia AVE
South El Monte, CA 91733,2529 Adelia AVE
South El Monte, CA 91733,2529 Adelia AVE

$2,050,000

Est. payment /mo

$2,075,000

1.2%
Est.Price: ?

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2529 Adelia AVE South El Monte, CA 91733

0.39 Acres Lot

SOLD DATE : 05/31/2024

Key Details

Sold Price $2,050,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CRCV24039778

Sold Date 05/31/24

Originating Board California Regional MLS

Year Built 1948

Lot Size 0.392 Acres

Property Description

We are pleased to offer for sale this multi-unit residential property in the city of South El Monte which boasts a unique combination of side by side Triplex & Fourplex, offering a diverse unit mix. Investors will appreciate the potential to utilize residential financing with 30-year fixed loans available for each parcel, enhancing the accessibility of this lucrative venture. The property features a thoughtfully designed layout including a 4-bedroom/2-bathroom cottage, two 3-bedroom/1-bathroom units, a 2-bedroom/1-bathroom cottage, two additional 2-bedroom/1-bathroom units, and a 1-bedroom/1-bathroom cottage, catering to a wide range of tenant needs. Spanning across two contiguous parcels, totaling over 17,000 square feet of land, this investment opportunity provides ample space for tenants to enjoy onsite open areas and convenient carport parking. Each unit within the property is individually metered for electricity and gas, offering convenience and flexibility for both tenants and ownership. Furthermore, the current ownership has undertaken significant capital improvements, including new roofs installed on the majority of structures including carports, complete remodeling of the 1-bedroom cottage with updates such as copper plumbing and new electrical, installation of a n

Location

State CA

County Los Angeles

Area 657 - So. El Monte

Interior

Laundry 30, 38

Exterior

Garage Spaces 14.0

Pool None

Building

Water District - Public

Others

Tax ID 8102024037

Special Listing Condition Not Applicable

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MLS Listing IDX PLUS
Listed by Kristopher German • RE/MAX 2000 REALTY
Bought with Kristopher German • RE/MAX 2000 REALTY
agent

Luis Vasquez

Agent | License ID: 02083319

+1(650) 200-8722

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