$949,000 Sale

Listed 21 days ago

12127 Morehouse Street

MLS® ig25169336 Quadruplex

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Beds · 0

Baths · 0

Parking · 4

Sqft · -

Est. mortgage

$4,552/mo

Property Taxes

$6,615/yr

Association Fee

$0.00/mo

Key Facts

Key facts for 12127 Morehouse Street

Property Type

Apartment

Parking

Carport 0 garage, Carport 4 parking

MLS #

IG25169336

Size

Basement

Listed on

Lot size

Tax

$6,615 /yr

Days on Market

Year Built

1945

Maintenance Fee

$ 0/mo

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 an...d 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., Directions:From 10 fwy, exit Garvey, Go South to Elliott

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Full Property Details

Interior

Washrooms

Air Conditioning

Washrooms

Air Conditioning

Exterior

Front

6869.00

Acreage

0.15

Lot Size

6869.00 acres

View

Unspecified

Pool

Parking

Carport

Parking Spaces

Total Parking Spaces

Garage Type

Carport

Garage Spaces

Parking Type

Carport

Front

6869.00

Acreage

0.15

Lot Size

6869.00 acres

View

Unspecified

Pool

Parking

Carport

Parking Spaces

Total Parking Spaces

Garage Type

Carport

Garage Spaces

Parking Type

Carport

Building Description

Property Type

Residential Income

Home Type

Apartment

Subtype

Quadruplex

Year Built

1945

Sewers

PublicSewer

Water Supply

Public

StoriesTotal

New Construction

Property Type

Residential Income

Home Type

Apartment

Subtype

Quadruplex

Year Built

1945

Sewers

PublicSewer

Water Supply

Public

StoriesTotal

New Construction

Community

County

Los Angeles

Area Code

619 - El Monte

Features

Park

County

Los Angeles

Area Code

619 - El Monte

Features

Park

Taxes & Fees

Taxes

$6,615 /yr

Financing Terms

Cash,CashToExistingLoan,CashToNewLoan,Conventional,Exchange1031

HOA Fee

$0.00 /mo

Taxes

$6,615 /yr

Financing Terms

Cash,CashToExistingLoan,CashToNewLoan,Conventional,Exchange1031

HOA Fee

$0.00 /mo

Other

Directions

From 10 fwy, exit Garvey, Go South to Elliott

Pets

Unspecified

Directions

From 10 fwy, exit Garvey, Go South to Elliott

Pets

Unspecified

Eddie Barrera

Email: [email protected] Cell: 626-816-7166