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Sold for $2,030,000 on 02/01/24
  • Listing Provided by: 

    Kristopher German DRE #01800021 909-645-0443,

    RE/MAX 2000 REALTY

    Bought with: RE/MAX 2000 REALTY
    $2,030,000

    12127 Roseglen St, El Monte, CA 91732

    15beds
    7baths
    5,744sqft
    Multi Family
    Built in 1956
    -- sqft lot
    $-- Zestimate®
    $353/sqft
    $4,295 Estimated rent

    Owner options

    List your home for rent

    $4,295/mo

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    $4,295/mo

    Rent Zestimate®

    Refinance and save

    $12,697/mo

    Est. payment

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    $12,697/mo

    Est. payment

    What's special

    We are pleased to offer for sale a rare investment opportunity in the highly sought after rental community of the city of El Monte: a collection of 6 detached, cottage-style units, on the market for the first time since their initial construction. This unique property spans a vast 40,832 square foot lot (nearly an acre) and offers a substantial rental space of 5,744 square feet. The subject property offers a favorable unit mix that includes; 1(3 Bed/2 Bath), 2(3Bed/1Bath), and 3(2 Bed/1Bath). Tenants are responsible for all utilities, including water (separate meters all units). This aspect significantly reduces operating expenses for the owner, enhancing the investment's appeal. The property is also designed to attract and retain tenants with its ample open spaces, convenient onsite parking, and the coveted amenity of washer/dryer hookups in some units. Furthermore, each unit boasts its own front yard and backyard, offering a sense of privacy and community living. With the immense potential of 37% upside in rental income, and no local city rent control in place, a new owner can take advantage of the repositioning opportunity this investment offers.

    Zillow last checked: 8 hours ago

    Listing updated: February 02, 2024 at 10:33am

    Listing Provided by:

    Kristopher German DRE #01800021 909-645-0443,

    RE/MAX 2000 REALTY

    Bought with:

    Kristopher German, DRE #01800021

    RE/MAX 2000 REALTY

    Source: CRMLS,MLS#: CV24011753MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 15
    • Bathrooms: 7
    Appliances
    • Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside
    Features
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 5,744
    • Total interior livable area: 5,744 sqft

    Property

    Parking
    • Total spaces: 20
    • Parking features: Garage
    • Garage spaces: 3
    • Uncovered spaces: 17
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 0.94 Acres
    • Features: 6-10 Units/Acre, Lot Over 40000 Sqft
    Details
    • Parcel number: 8547008029
    • Zoning: EMR1B*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • New construction: No
    • Year built: 1956

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Curbs, Gutter(s), Sidewalks
    Location
    • Region: El Monte

    HOA & financial

    Other financial information
    • Total actual rent: 10766

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan