12127 Morehouse Street new

El Monte,CA 91732

$ 949000

4 Beds

4 Baths

0 SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID IG25169336

Bedrooms 4

Property Sub-Type Res Income 2-4 Units

Property Description

Great investment opportunity in the heart of El Monte! This 4-unit is located on a quiet cul-de-sac close to Elliot Park and schools. Easy access to 10 and 60 freeways. Each unit has a private patio and washer/dryer hookups. Front unit (12127 Motehouse st) is a Single Family Residence with 2 beds and 1 bath. Back building has the other 3 units Two 1 bed/1 bath (12129, 12129 1/2 Morehouse St), and One studio with 1 bath (12129 1/4 Morehouse St). Property is fully occupied with long-term tenants. Tenants pay Gas and Electricity with their separate meters. Rents have not been raised for years. Property has stable cash flow with MASSIVE UPSIDE POTENTIAL. Investors have the flexibility to strategically raise rents, enhance unit interiors, or add modern amenities to significantly increase returns. Whether youre a seasoned investor or just entering the multifamily space, this is the kind of asset that builds long-term wealth. Dont miss your chance to transform this rare multi-unit into a cash-flow powerhouse! PLEASE DO NOT DISTURB THE TENANTS as THIS IS DRIVE BY ONLY . OFFER SUBJECT TO INTERIOR INSPECTION.

Location

State CA

County Los Angeles

Zoning Public Rec

Direction From 10 fwy, exit Garvey, Go South to Elliott

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Tax ID 8107021007

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