South El Monte, CA 91733,1917 Strozier AVE

$960,000

$980,000

2.0%
Est.Price: ?

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Est. payment /mo

5,340 SqFt


SOLD DATE : 11/20/2012

Key Details

Sold Price $960,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 5,340 sqft

Price per Sqft $179

MLS Listing ID C12108415

Sold Date 11/20/12

HOA Y/N No

Year Built 1963

Lot Size 0.264 Acres

Acres 0.264

Property Description

This property is a Seven-unit apartment building. Built in 1963, the complex consists of one-single story three-bedroom house, and one two-story six unit building with pitched composition roof. The building consists of 6 two-bedroom/one-bathroom units, 1 separate three-bedroom front house with attached garage. There are carport parking on-site in the back. The units are individually metered for gas and electric. There is one on-site laundry room.
The property is well situated on a quiet residential street with very few apartment buildings for competetion. There are 95% single family dwellings on Strozier Avenue. Also, the property is nearby a very dense local bussiness district of the city. Surrounded by a large and stable employment base area, all within short distance, resulted in very few vacancies in the area. An astute investor will enjoy strong cash flow with potential to increase rent in one of the strongest rental markets of San Gabriel Valley.

Location

State CA

County Los Angeles

Area 657 - So. El Monte

Rooms

Ensuite Laundry Common Area, Laundry Room

Interior

Laundry Location Common Area,Laundry Room

Fireplace No

Laundry Common Area, Laundry Room

Exterior

Garage Covered, Carport, Garage

Garage Spaces 1.0

Garage Description 1.0

Roof Type Composition,Flat

Parking Type Covered, Carport, Garage

Total Parking Spaces 7

Others

Tax ID 8116001013

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by ERIC CHEN • MARCUS & MILLICHAP
Bought with Lily Yun • Treeline Realty
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