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Dilbeck Real Estate
Real Living
818-790-6774

3511 GIBSON RD, EL MONTE CA, 91731

(Closed)
Sold Price:
$1,090,000
Date:04/15/2014
|
5,470 sqft
|
MLS# 14734361
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Listing Provided Courtesy Of: Re/Max Commercial
Last Updated: 4/20/2014 10:08 AM
Description for 3511 GIBSON RD EL MONTE, CA 91731
7 unit multi-family property located in El Monte. The subject property has very low historical turnover befitting the high demand for rental units in the area. Unit mix is comprised of (1) 3 Bed/1 Bath single story house, (1) 3 Bed/2 Bath single story house, (1) 2 Bed/1 Bath single story house, and (4) 1 Bed/1 Bath units. The huge 27,007 square foot lot provides numerous off-street parking spaces and gives tenants a sense of privacy. Most units are occupied by long-term tenants, all units have separate water heaters & are separately metered for gas and electricity, and currents rents are 15% below market which allows for a value-add opportunity. *DO NOT ENTER ON THE PROPERTY! DO NOT DISTURB TENANTS!
Price
Sold Price:
$1,090,000
Sold Date:04/15/2014
Los Angeles
5,470 (approx)
14734361
Closed
Description
7 unit multi-family property located in El Monte. The subject property has very low historical turnover befitting the high demand for rental units in the area. Unit mix is comprised of (1) 3 Bed/1 Bath single story house, (1) 3 Bed/2 Bath single story house, (1) 2 Bed/1 Bath single story house, and (4) 1 Bed/1 Bath units. The huge 27,007 square foot lot provides numerous off-street parking spaces and gives tenants a sense of privacy. Most units are occupied by long-term tenants, all units have separate water heaters & are separately metered for gas and electricity, and currents rents are 15% below market which allows for a value-add opportunity. *DO NOT ENTER ON THE PROPERTY! DO NOT DISTURB TENANTS!
Listing Information
Property Type: Multi-Family
28,033 Sq. Ft. Vendor Enhanced (N) 5,470 (approx)
$210.24 1967
7 Total
Neighborhood
Room Information
Interior Features
None
Wall Unit
Exterior / Lot Features
7 Parking Spaces, Private
EMR3*
Driving Directions
North of the 10 freeway, one block east of Baldwin Ave.
Financial Considerations
8578006001
Income ,$28,224
Semi Annually
Listing Price History

EL MONTE Real Estate

EL MONTE is located in California. EL MONTE, California 91731 has a population of  113,475.

The median household income in EL MONTE, California 91731 is $39,779. The median household income for the surrounding county is $52,874 compared to the national median of $50,935. The median age of people living in EL MONTE 91731 is 31.7 years.

Sales History
Tax Info
Listing Provided Courtesy Of: Re/Max Commercial James Torres
The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved.
Information is deemed reliable but is not guaranteed.

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