El Monte, CA 91732,11500 Mcgirk AVE
$665,000
$625,000
6.4%
Est.Price: ?

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0.36 Acres Lot

11500 Mcgirk AVE El Monte, CA 91732

Est. payment /mo
SOLD DATE : 11/05/2014

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Key Details

Sold Price $665,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID AR14177770

Year Built 1934

Tax Year 2013

Lot Size 0.360 Acres

Property Description

FIRST TIME ON THE MARKET EVER! ATTRACTIVE 3-UNIT INCOME PROPERTY IN NORTH EL MONTE WITH R-3 ZONING. DON'T MISS THIS RARE OPPORTUNITY TO INVEST IN THIS FANTASTIC PROPERTY WITH HUGE LONG-TERM & SHORT-TERM POTENTIAL. LARGE LOT SIZE CERTAINLY ALLOWS OWNER TO BUILD AND EXPAND...THE POSSIBILITIES ARE ENDLESS. IDEAL CORNER LOT LOCATION, WITH HUGE 15,688 SF LOT SIZE! ALL 3 UNITS ARE DETACHED, FENCED, AND HAVE INDIVIDUAL METERS - GREAT FOR PRIVACY. UNITS ARE IN GOOD CONDITION, SEPARATE LAUNDRY AREAS, WINDOW A/C UNITS, NICELY LANDSCAPED WITH MATURE PLANTS/TREES. PLENTY OF PARKING, ADDITIONAL LARGE GARAGE STRUCTURE IN THE REAR. TREE BRANCH FELL ON GARAGE AND NEEDS REPAIR. INVESTMENT PROPERTY INCLUDES 3 SEPARATE ADDRESSES: 11500 MCGIRK, 11506 MCGIRK, & 4366 ELROVIA. PICS FROM 11506 MCGIRK WERE TAKEN ON 5/24/2013. NICE NEIGHBORHOOD ALONG QUIET STREET WITH WONDERFUL LOCATION IN NORTH EL MONTE. TOTAL CURRENT RENTS ARE $3655/ MONTH, FANTASTIC CAP RATE FOR INVESTORS. ALL INFORMATION DEEMED RELIABLE, BUYER TO VERIFY AND CHECK WITH CITY FOR ALL THE WONDERFUL POSSIBILITIES OF THIS HUGE LOT!

Location

State CA

County Los Angeles

Area 619 - El Monte

Zoning EMR3YY

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Laundry Common Area

Exterior

Parking Features Concrete, Covered, Driveway, Garage

Garage Spaces 2.0

Garage Description 2.0

Fence Chain Link

Pool None

Community Features Suburban, Sidewalks

Utilities Available Sewer Connected

Building

Lot Description Back Yard, Corner Lot, Front Yard, Landscaped, Level, Yard

Story One

Water Public

Others

Acceptable Financing Cash, Cash to New Loan, Conventional, Submit

Listing Terms Cash, Cash to New Loan, Conventional, Submit

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Kelvin Chang • Coldwell Banker Dynasty T.C.
Bought with Kelvin Chang • Coldwell Banker Dynasty T.C.

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Todd Kingsley

Agent | License ID: 02118744

+1(310) 710-8633

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