3438 Gilman Road

El Monte, CA 91732

$950,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $388 / sqft

1962

calendar_month Built

Property Description

JUST REDUCED! We are pleased to present a 4-Unit multi-family investment opportunity in the prime area of North El Monte. This fourplex features (1) 2-Bed/1-Bath unit, and (3) 1-Bed/1-Bath units. Tenants have access to on-site carport parking and yard space. Each unit is separately metered for gas and electricity. This property offers a substantial 45% potential upside in rental income, making it an attractive prospect for maximizing return on investment. Moreover, the property enjoys the advantage of no local city rent control, giving you the flexibility to reposition tenants with a "substantial remodel" approach in an effort to obtain competitive rental rates, and optimize your investment strategy. One unit to be delivered vacant at the close of escrow.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 3438 Gilman Road
City El Monte
State CA
Zip 91732
County Los Angeles
Listing Agent Kristopher German DRE#01800021
Courtesy Of RE/MAX 2000 REALTY
MLS CV24015480
List Price $950,000
Status Active
Type Residential Income
Subtype Apartment
Structure Size N/A
Lot Size 5,300
Year Built 1962
DOM 22

Exterior Information

Maps

Listing information courtesy of: Kristopher German, RE/MAX 2000 REALTY . *Based on information from the Association of REALTORS/Multiple Listing as of Mar 21st, 2024 at 8:20 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.