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11323 11327 Schmidt RoadEl Monte, CA 91733Price: $3,100,000

  • Price: $3,100,000
  • Est. Mortgage of $/month
  • 190 Days on Market
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Federal 30-year interest rate: 3.05% last updated on Oct 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $3,100,000List Price
  • 0.38Acreage

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Listed by Peter Wu of CBD Investment Inc T.C.
A huge $200,000 price reduction for a quick sale. A fully rented 9-unit residential investment property located in the popular neighborhood of El Monte. Convenient location and easy access to shopping, restaurants, schools. The property had a legal Eight 2 bedrooms + 1 office (currently used it as a bedroom) / 1 bath units with 2 parking spaces each and One 1 bedroom / 1 bath unit with one parking space. The property was completely remodeled from ground up. Features for all these 9 units remodel was done around mid-April 2019 include a new 200 AMP electrical panel, new wiring inside, new copper pipe, new sewer line, new gas line, all new double pane windows, recessed lights in living room, wall air condition in each room and living room, new kitchen cabinet with granite top, new bathroom with shower, new wall furnace, and new tile throughout the unit. Most of the roof shingles are new. Each unit has small area in the back with a laundry hookup outside. New concrete slab was paved on the entire driveway. Cap rate is approx. 5.3%. Great location with very low maintenance and low expenses. Price to sell and don't miss this opportunity.

Property Details of 11323 11327 Schmidt Road

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 "Based on information submitted to CA_CRMLS as of October 21, 2021 7:54 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

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