9733 Rio Hondo Parkway, El Monte, CA 91733

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List Price
$1,600,000
Status
ACTIVE
MLS#
P1-28914
Year Built
1962
Lot Size
23,996
Acres
0.55
Lot Location
Front Yard
Days on Market
2
Property Type
Multifamily
Style
See Remarks, Traditional
Neighborhood
Other

Property Description

Bring your vision to Rio Hondo Parkway! Two detached homes with private backyards, plus a 4-unit building, on nearly 24,000 sq ft of land. The two detached homes, a 3BD/1.5BA and a 2BD/2BA, each have laundry inside and a nice-sized backyard, and sit on a 17,938 sq ft parcel. A long driveway runs through the property. The middle home has a two-car garage, the back home has a separate storage structure, and the driveway offers ample parking. In front sits a two-story four-unit building (two 2BD/1BA and two 1BD/1BA) on a 6,058 sq ft lot, with a newer roof and four covered parking spaces. That makes six units in all across two parcels. Located in the heart of the San Gabriel Valley with easy access to the 10, 605, and 60 freeways, El Monte's express bus station, the bike path, and great food, from taquerias and mariscos to dim sum, pho, and boba. Long-term tenants are in place. Offered as-is, this is a value-add opportunity with room to build equity through updates and improvements. Ideal for investors, builders, and owner-users. Rents, income, and details available upon request.

Additional Information

Pool Description
None
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
None
Exterior Construction
Stucco
Roof
Composition
Garage Spaces Total
2
Attached Structure
Detached
Gross Scheduled Income
$99,420

Listing courtesy of Listing Agent: Matty Hurtado (mattyshomes@gmail.com) from Listing Office: Coldwell Banker Realty.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.