Bought with Kristopher German
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11106 Klingerman ST El Monte, CA 91733
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Key Details
Sold Price $1,320,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRCV25178491
Sold Date 10/24/25
Year Built 1957
Lot Size 6,705 Sqft
Source California Regional MLS
Property Description
Outstanding investment opportunity in the heart of the strong San Gabriel Valley rental market! This multi-family property offers all spacious 2-Bed/1-Bath units totaling 5,200 rentable square feet on a 6,705 square foot lot. With no local city rent control and a 30% upside in rental income, there's tremendous potential to boost cash-flow and long-term value. Tenants enjoy desirable amenities including gated private parking, interior laundry hookups, and copper plumbing throughout. At an attractive price of only $232,000 per unit, the property is positioned to deliver strong returns with a current CAP Rate of 5.56% & GRM of 11.87...and it only gets better from there. Seller is motivated and priced to sell-don't miss this rare chance to acquire a quality asset in one of Southern California's most sought-after rental markets!
Location
State CA
County Los Angeles
Area 619 - El Monte
Interior
Cooling Window / Wall Unit
Laundry 38
Exterior
Parking Features Assigned Spaces, Carport
Garage Spaces 6.0
Pool 31, None
View None
Roof Type Shingle
Building
Water District - Public
Others
Tax ID 8105019019
Special Listing Condition Not Applicable
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