4 Units in El Monte on Large Lot

Fully Occupied

4345 Cypress Ave, El Monte, Ca 91731

Property Description

4345 Cypress is a tremendous to purchase a 4 unit property in the City of El Monte, Ca an existing 3/2 single family home with a big yard and three separate detached units. There are two 2/1 units with private yards, along with a rear 1/1 unit that has a private backyard and carport.

Each unit has been light remodeled with a good layouts, and with tenants that are currently paying rents. All utilities except trash is paid individually by the tenants, including water, which allows for minimal management and landlord responsibilities.

The entire property sits on an enormous 15,148 sf residential lot that offers tons of opportunities to expand, add units, or possibly split the lot into two. There is ample parking throughout the premises.

Features and Highlights

  • 100% Fully Occupied w/ Currently Paying Tenants.
  • Huge Lot Allowing for Tons of Potential Uses.
  • Great Location in North El Monte, Ca near Rosemead, El Monte Airport, Arcadia, Monterey Park, Major Retailers, 10, 60, 605 freeways, and Parks & Recreation.

Property Details

  • Price:$1,425,000
  • APN:8569-015-069
  • Units:4
  • Building Size:2,956 sf
  • Lot Size:15,148 sf
  • Year Built:1952
  • Zoning:EM-R3
  • MLS:OC21119296

Listing Agent: Brian Noh, CCIM DRE: 01438115