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Key Details
Sold Price $1,220,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV14005645
Sold Date 04/02/14
HOA Y/N No
Year Built 1963
Tax Year 2012
Lot Size 0.290 Acres
Property Description
We are pleased to exclusively present The Emery Street Apartments. This investment offers seven multi-family units located at 11021-11023 Emery Street in the city of El Monte. The subject property consists of one three-Bedroom/One-Bath House and one six-unit apartment building on a lot size of 12,628 square feet. The buyer also has an option to purchase the adjacent vacant land for $40,000. The three-bedroom house offers a big front yard with driveway for tenants use and children's play area. The six-unit apartment building offers four spacious two-bedroom/one-bathroom and two one-bedroom/one-bathroom units. The two-bedroom units are approximately 800 square feet and the one-bedroom units are approximately 619 square feet. The subject property offers ample parking for the tenants - Each unit has one assigned carport parking and extra open space parking on the vacant lot. Most units have upgrades, including tile flooring in the living room, kitchen and bathroom area. In addition, the roof was replaced in 2007. The laundry facility is on-site and is owned by the landlord.
Location
State CA
County Los Angeles
Area 619 - El Monte
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Tile
Fireplace No
Appliance Gas Cooktop, Disposal, Gas Oven
Laundry Common Area
Exterior
Carport Spaces 5
Pool None
Community Features Curbs
Utilities Available Sewer Available
Total Parking Spaces 14
Private Pool No
Building
Lot Description 6-10 Units/Acre
Water Public
Others
Tax ID 8570003024
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