CA > El Monte
El Monte, CA 91732,12127 Morehouse ST
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El Monte, CA 91732,12127 Morehouse ST
El Monte, CA 91732,12127 Morehouse ST
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The Stoker Group

The Stoker Group

+1(949) 510-8917
$ 949,000
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12127 Morehouse ST El Monte, CA 91732

6,869 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID IG25169336

HOA Y/N No

Year Built 1945

Annual Tax Amount $6,615

Lot Size 6,869 Sqft

Property Sub-Type Quadruplex

Property Description

Great investment opportunity in the heart of El Monte! This 4-unit is located on a quiet cul-de-sac close to Elliot Park and schools. Easy access to 10 and 60 freeways. Each unit has a private patio and washer/dryer hookups. Front unit (12127 Motehouse st) is a Single Family Residence with 2 beds and 1 bath. Back building has the other 3 units – Two 1 bed/1 bath (12129, 12129 1/2 Morehouse St), and One studio with 1 bath (12129 1/4 Morehouse St). Property is fully occupied with long-term tenants. Tenants pay Gas and Electricity with their separate meters. Rents have not been raised for years. Property has stable cash flow with MASSIVE UPSIDE POTENTIAL. Investors have the flexibility to strategically raise rents, enhance unit interiors, or add modern amenities to significantly increase returns. Whether you're a seasoned investor or just entering the multifamily space, this is the kind of asset that builds long-term wealth. Don't miss your chance to transform this rare multi-unit into a cash-flow powerhouse! PLEASE DO NOT DISTURB THE TENANTS as THIS IS DRIVE BY ONLY . OFFER SUBJECT TO INTERIOR​​‌​​​​‌​​‌‌​​‌​​​‌‌​​​‌​‌​​​​​‌​‌​​​‌​​ INSPECTION.

Location

State CA

County Los Angeles

Area 619 - El Monte

Zoning EMR1A*

Interior

Fireplace No

Laundry Electric Dryer Hookup, Gas Dryer Hookup

Exterior

Parking Features Carport

Carport Spaces 4

Pool None

Community Features Park

Total Parking Spaces 4

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 8107021007

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

CRMLS – RECore
Listed by Salman Shahab Alta Realty Group 9512776677

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agent
The Stoker Group

Agent | License ID: 01738521

+1(949) 510-8917 | [email protected]

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12127 Morehouse ST