Highly Upgraded 4 unit property located in a very desirable neighborhood of El Monte. Property has been with same family for over 53 yrs!
Recent Renovations Included: All 4 units have brand new double pane (Milgard) windows, Newly added electrical sub panels, New mini split A/C units, New Garage Doors, New Window Coverings throughout, New Exterior Paint, New Exterior Screen Doors, New Hand rails. * Only 2 of the 4 Units have undergone a complete Remodel which is shown in photos. Those items included the following; Brand New Kitchen Cabinets with Quartz Countertops, New Bathroom Vanity with Quartz Countertop, New Lighting and Plumbing fixtures, New Electrical Outlets and Devices, New Interior Doors, New Laminate Flooring, Newly added Wood Fencing for Private Yards. The Community Laundry Room is attached to side of garage building and has it's own separate Gas and Electric Meter. Each unit has it's own 1 car garage. Tenants Pay for their own Gas and Electricity. Landlord Pays for Water, Trash and Gardner. Convenient Location near 10 Freeway and within close proximity to shopping, transportation and restaurants. Two of the units will be delivered vacant (as shown in photos).
Property Sub Type:
Quadruplex
Property Attached:
Yes
Lot Area:
9,200 sq. ft.855 m2
Bathrooms:
-
(Full:-, Half:-)
Year built:
1949
(Age: 77)
General Listing Location:
El Monte, 619 - El Monte
County Or Parish:
Los Angeles
Tenant Pays:
Electricity, Gas
Common Interest:
None
Gross Income:
$79,800
Gross Scheduled Income:
$79,800
Net Operating Income:
$54,671
Cap Rate %:
4.6
Rent Control:
No
Total Actual Rent:
$2,950
Association Fee:
$0
Land Lease:
No
Electric Expense:
$420
Fuel Expense:
$240
Gardener expense:
1500.0
Insurance Expense:
$1,788
Taxes expense:
14837.0
Operating Expense:
$25,129
Trash Expense:
$1,904
Water and Sewer Expense:
$4,440
Vacancy Allowance:
$0
Tax Lot:
8,9
Valley Blvd, turn West on Meeker, turn Right on Walnut St, 2nd lot past Utah Ave.
Floor
Type
Size
Other
-
Bedroom
Measurements not available
All Bedrooms Down
View:
None
Appliances:
Gas Range
Number of Buildings:
2
# of Electric Meters:
5
# of Gas Meters:
5
# of Water Meters:
1
# Units Leased:
2
Community Features:
Curbs, Suburban
Senior Community:
No
Interior Features:
Quartz Counters, All Bedrooms Down
Laundry Features:
Common Area, Gas Dryer Hookup, Laundry Room
Window Features:
Double Pane Windows
Pool Features:
None
Private Pool:
No
Spa Features:
None
Lot Features:
Level, Rectangular Lot
Fireplace Features:
None
Security Features:
Carbon Monoxide Detector(s), Smoke Detector(s)
Levels:
One
Num Stories:
1
Entry Level:
1
Entry Location:
1
Construction Materials:
Stucco
New Constr.:
No
Flooring:
Carpet, Laminate
Foundation:
Raised
Roof:
Composition
Common Walls:
1 Common Wall, No One Above, No One Below
# Units:
4
Property Condition:
Updated/Remodeled
Heating:
Ductless, Electric
Fireplace:
No
Cooling:
Ductless, Electric
Utilities:
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Fencing:
Block, Chain Link, Wood
Water supply:
Public
Sewer:
Public Sewer
Spa:
No
Garage Spaces:
4
Total Parking Spaces:
4
Parking Features:
Garage
Special Listing Conditions:
Standard
Parcel Number:
8579016002
Zoning:
EMR3YY
4 Units -- 11060, 11060 1/2, 11062, 11062 1/2 Walnut St.
Photo 2 of 44
Photo 3 of 44
4 separate garages
Photo 5 of 44
Photo 6 of 44
Front Entrance - 11062 Walnut St. (Front Vacant Unit)
Living Room - 11062 Walnut St. (Front Vacant Unit)
Kitchen - 11062 Walnut St. (Front Vacant Unit)
Another shot of Kitchen - 11062 Walnut St.
Bedroom - 11062 Walnut St.
Another shot of Bedroom - 11062 Walnut St.
Bathroom - 11062 Walnut St. (Front Vacant Unit)
Another shot of Bathroom - 11062 Walnut St.
Another shot of Bathroom - 11062 Walnut St.
Private Yard - 11062 Walnut St. (Front Vacant Unit)
Another shot of Private Yard for 11062 Walnut St. (Front Vacant Unit)
Another view - 11062 Walnut St.
5 Gas Meters (4 units plus 1 laundry) - Side Yard at Front Vacant Unit - 11062 Walnut St.
Front Entrance - 11062 1/2 Walnut St. (Rear Vacant Unit)
Living Room - 11062 1/2 Walnut St. (Rear Vacant Unit)
Another shot of Living Room - 11062 1/2 Walnut St.
Kitchen - 11062 1/2 Walnut St. (Rear Vacant Unit)
Another shot of Kitchen - 11062 1/2 Walnut St.
Kitchen leads outside to grass area.
Bedroom - 11062 1/2 Walnut St.
Bathroom - 11062 1/2 Walnut St. (Rear Vacant Unit)
Another shot of Bathroom - 11062 1/2 Walnut St.
Another shot of Bathroom - 11062 1/2 Walnut St.
Another shot of Bathroom - 11062 1/2 Walnut St.
Private Yard - 11062 1/2 Walnut St. (Rear Vacant Unit)
Another shot of Private Yard - 11062 1/2 Walnut St.
Back of Rear Vacant Unit - 11062 1/2 Walnut St.
Big Backyard could be used for Additional Parking
Community Laundry Room
Another shot of Community Laundry Room
Inside of Community Laundry Room
Photo 38 of 44
Photo 39 of 44
Front Entrance - 11060 Walnut St. (Tenant Occupied)
Rear Entrance - 11060 Walnut St. (Tenant Occupied)
Front and Rear Entrance - 11060 1/2 Walnut St. (Tenant Occupied)
11062 and 11062 1/2 Walnut St. (Both of these units are currently)