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
Living Sq. Ft
4,778
Lot Size
23,996
Days on Market
19
Property Type
Multifamily
Style
Traditional, See Remarks
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

Land Lease Type
Fee
Appliances
None
Fireplace Description
None
View
None
Parking
Garage
Garage Spaces Total
2

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Realty.