El Monte, CA 91733,9773 Rio Hondo
Listed by Charlie Huang • Trigent Realty Inc
Bought with WEN LUO • KINGSTON REALTY

$3,650,000

$3,880,000

5.9%
Est.Price: ?

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Est. payment /mo

9,856 SqFt


SOLD DATE : 02/14/2024

Key Details

Sold Price $3,650,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 9,856 sqft

Price per Sqft $370

MLS Listing ID CRAR23195212

Sold Date 02/14/24

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1987

Lot Size 0.554 Acres

Property Sub-Type Other

Property Description

This is a rare opportunity to own this 9-unit townhouse-style condominium complex and is hitting the market for the first time since 1987. It's located in a highly convenient area near the Garvey Ave corridor and Santa Anita Ave, offering easy access to the 10 freeway. The property sits on a generous 24,144 square foot lot, providing ample parking and the potential for expansion with ADU units. Each unit is equipped with attractive amenities, including attached 2-car garages, private fenced yard spaces, washer and dryer hookups, central air conditioning, and spacious living areas with 3 bedrooms and 2 bathrooms, encompassing approximately 1,100 square feet. There is a significant value-add potential, making this an enticing prospect for real estate investors. The property is currently fully occupied, making it a lucrative investment opportunity.

Location

State CA

County Los Angeles

Interior

Heating Other

Cooling Central Air

Fireplace No

Laundry In Garage, Other

Building

Water Public

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Bay East AOR and Contra Costa AOR
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