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12208 Magnolia Street 12210
El Monte CA 91732 US

$790,000

Active Listing ID CV21118182
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Built in 1946
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Lot: 10,805.00 squareFoot
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Other

$790,000

Active Listing ID CV21118182
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12208 Magnolia Street 12210 Two homes on a lot. Large lot zoned R3. Property has plenty of space for a third unit. Front house has one car garage with a storage space above. Two spacious bedrooms with two bathrooms, bedrooms have a spacious walk-in closets. Laminate wood flooring throughout. Living area is spacious and has open floor plan between the dinning Room and living room. Smooth ceilings throughout. Some newer windows. Second house is a two bedroom one bath. Driveway is wide, you can park two cars wide on the side of the house with plenty of room. Lots of potential for expansion or third unit. Current rents are less than half of current value. Current market value of rents are in the $2500 range, possible to bring cap rate to 6% plus!!!

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Property Features

  • Facts
  • Built in: 1946
  • Lot Size: 10,805.00 acre
  • Property Type: MultiFamily
  • Property Sub-type: Other
  • Features
  • Cooling System: Window Unit(s) A/C
  • Parking Type: Driveway, Garage, RV, Side by Side
  • Roof Type: Unknown
  • Additional Features
  • RV Parking
Listing Changed: 6/15/2021 5:23:58 PM GMT
Source Updated Date: 6/17/2021 6:30:11 AM GMT

Courtesy of: CARMEN HOLDRIDGE, HOMESMART, EVERGREEN REALTY

Listing Source - ListHub

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