Description
This well-maintained four-unit property offers a highly desirable unit mix and strong upside potential. The first and second units are fully detached from each other, providing added privacy. The second unit has been completely remodeled on the interior, allowing the new owner the opportunity to either occupy the unit or lease it at a significantly higher market rent due to its like-new condition. The third unit features its own private two-car garage along with a dedicated yard, while the fourth unit also offers a private yard with excellent backyard privacy. The property is located in a fast-growing neighborhood with convenient access to downtown and the southern areas. The street is paved and includes sidewalks, contributing to a pleasant residential environment. Total potential income can approach approximately $9,000 per month. Current rents are below market, giving the new owner flexibility to adjust rents over time. With low operating expenses, this property presents an excellent opportunity for both investors and owner-users seeking long-term value and income growth.
Listing Details
| Price: | $1,450,000(Sold Above Asking ) |
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| Address: | 9734 Rio Hondo Parkway |
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| City: | El Monte |
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| State: | CA |
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| Zip Code: | 91733 |
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| MLS: | WS25277877 |
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| Year Built: | 1939 |
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| Floors: | 1 |
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| Square Feet: | 3,668 |
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| Lot Square Feet: | 12,058 |
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