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$2,250,000
Est. payment /mo
0.44 Acres Lot
UPDATED:
06/11/2024 05:44 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRTR24118808
Originating Board California Regional MLS
Year Built 1960
Lot Size 0.442 Acres
Property Description
The Magnolia Street Apartments is located at 12223 Magnolia Street in the city of El Monte, just south of the I-10 Freeway and west of the I-605 Freeway, between Durfee Avenue and Garvey Avenue. Magnolia Street Apartments is positioned within walking distance to Mountain View Park, Parkview Elementary School, and Mountain View High School. The property is also in close proximity to Food 4 Less, coffee shops, financial institutions and major retail outlets. Magnolia Street Apartments is a well-maintained, non-rent-controlled, single-story, 6 unit property situated on a ±19,260 square foot lot with a total building size of ±5,080 square feet. The property features five detached single-story buildings with pitched composition shingle roofs. The property offers spacious two-bedroom/one-bathroom units and two-bedroom/one- bathroom +den units with an average unit size of 847 square feet. Every unit includes wall air conditioning and heating, washer hook-ups, and individual water heaters. Select units offer laminate wood flooring and new kitchen cabinets. Lastly, all units are individually metered for gas and electricity. Potential to add 1-2 units ADU extra income(please verify with city)
Location
State CA
County Los Angeles
Area 619 - El Monte
Interior
Laundry 30
Exterior
Pool None
Building
Story One Story
Water District - Public
Others
Tax ID 8106011009
Special Listing Condition Not Applicable
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Listed by Grace Zhang • RE/MAX Galaxy
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Joel Martinez
Property Connection Specialist | License ID: 02338033
Property Connection Specialist License ID: 02338033