11106 Klingerman Street, El Monte, CA 91733

0 beds 0 baths 6,705 sq.ft.

Offerered at: $1,395,000.00

County: Los Angeles
Year Built: 1957
Association Fees: $0.00/mo.

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!

ESSENTIAL INFO

  • Status: Pending