El Monte, CA 91733,11106 Klingerman Street
El Monte, CA 91733,11106 Klingerman Street
El Monte, CA 91733,11106 Klingerman Street
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$1,395,000
Est. payment /mo
5,200 SqFt
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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,200 sqft

Price per Sqft $268

MLS Listing ID CRCV25178491

HOA Y/N No

Year Built 1957

Lot Size 6,705 Sqft

Acres 0.15

Property Sub-Type Other

Property Description

Outstanding investment opportunity in the heart of the strong San Gabriel Valley rental market! This multi-family property offers all spacious 2-Bed/1-Bath units totaling 5,200 rentable square feet on a 6,705 square foot lot. With no local city rent control and a 30% upside in rental income, there’s tremendous potential to boost cash-flow and long-term value. Tenants enjoy desirable amenities including gated private parking, interior laundry hookups, and copper plumbing throughout. At an attractive price of only $232,000 per unit, the property is positioned to deliver strong returns with a current CAP Rate of 5.56% & GRM of 11.87...and it only gets better from there. Seller is motivated and priced to sell—don’t miss this rare chance to acquire a quality asset in one of Southern California’s most sought-after rental markets!

Location

State CA

County Los Angeles

Zoning EMR3

Interior

Cooling Wall/Window Unit(s)

Fireplace No

Laundry Gas Dryer Hookup, Other

Exterior

View Y/N false

View None

Building

New Construction No

Others

Tax ID 8105019019


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Bridge MLS
Listed by Kristopher German • RE/MAX 2000 REALTY

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11106 Klingerman Street