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11839 Roseglen Street
11839 Roseglen Street
11839 Roseglen Street
11839 Roseglen Street
11839 Roseglen Street
11839 Roseglen Street
11839 Roseglen Street
11839 Roseglen Street
11839 Roseglen Street
11839 Roseglen Street
11839 Roseglen Street
11839 Roseglen Street
11839 Roseglen Street
11839 Roseglen Street
11839 Roseglen Street
11839 Roseglen Street
11839 Roseglen Street
11839 Roseglen Street
11839 Roseglen Street
11839 Roseglen Street
11839 Roseglen Street
11839 Roseglen Street
11839 Roseglen Street
11839 Roseglen Street
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$1,625,000

11839 Roseglen Street

4,000 Sq.Ft.

Description

**Attention Investors!** - Welcome to Roseglen St. an incredible investment opportunity located in the heart of North El monte. At first sight, this multi-family property offers five single houses sitting on a flat lot totaling approx. 31,144 Sq.Ft (per assessor records) each with their own addresses, private entrances and utility meters, also providing a host of beneficial amenities to any investor whose seeking consistent rental income in a prime location. Whether you plan to purchase/occupy or rent and enjoy great income potential, this property offers a range of desirable features that make it an excellent choice for those looking to capitalize on the strong rental market. Roseglen St. is comprised of (1) 2Bed/1Bath & (4) 2Bed/1Bath/1garage totaling approx. 4000 Sq.ft of living space. Each unit has their own front and backyard accompanied by plenty of parking space inside the lot, Unit 11839 (2) has been converted to a garage (door only) and a Certificate of Compliance has been issued and is in good standing with the city (Available upon request). Situated within the Unified School District of El monte, Roseglen is close to everything; students of various levels can access nearby schools, multiple grocery markets all within walking distance. Off of North Peck Road and Lower Azusa road, the property is nearby public transportation and major freeways for easy access to LA, San Gabriel Valley, and Inland Empire making it an ideal location for commuters, minutes away from the world famous San Gabriel Valley Eateries, the cities of Alhambra, Monterey Park, Arcadia, San Gabriel, Temple City, and Rosemead are home to some of the most famous food and entertainment you'll find in the greater Los Angeles area. In addition, Investors benefit from high demand and low vacancy rates as the surrounding community is rapidly expanding with new retail business and commerce driving up property value, rent, and long term growth potential for years to come. This property has huge upside potential as the current rents are below market averages in the area. A savvy investor may acquire this asset as a profitable portfolio addition with low expenses; Also an ideal 1031 exchange opportunity to capitalize on tax benefits, so why wait? You don't want to miss on the chance to secure this rare investment in the soaring city of El Monte!

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Location

11839 Roseglen Street, El Monte, CA 91732

Status

Sold
Alexander Yang

Alexander Yang

TITLE

REALTOR®

Property Amenities

Interior
Laundry room Electric Dryer Hookup, Gas Dryer Hookup, Inside
Appliances Dryer, Washer
Other Interior Features Built-in Features, Ceiling Fan(s), All Bedrooms Down
Area & Lot
Lot Area 0.72 Acres
Living area 4,000 Sq.Ft.
MLS® ID CV23078925
Year Built 1935
Type Multi-Family
Status Sold
Exterior
Stories 1
Pool None
Air conditioning Central Air, ENERGY STAR Qualified Equipment, Whole House Fan, Wall/Window Unit(s)
Heat type Wall Furnace
Disability Features Parking
Water Source Other
Garage Space 5.0
Sewer Unknown
Parking Direct Access, Driveway, Garage, Paved, One Space, On Street
Lot Features 2-5 Units/Acre, Front Yard, Lawn, Rectangular Lot
Utilities Cable Available, Electricity Available, Natural Gas Available, Water Available
Finance
Sales Price $1,625,000

Work With Alexander

Alexander’s unprecedented professionalism, skill, and attention to detail has allowed him to set sales records for the past years. He will ensure your buying or selling experience exceeds your expectations.