Sold

3918 Velma AVE

EL MONTE CA, 91731

$955,000


$350.72 per sqft

Sold

2,723 sqft

Residential

Built in 1940

A real money maker!! This six unit apartment complex is located above the I-10, East of Baldwin Avenue walking distance to shopping and recreation. Enjoy the stability of long term tenants. Unit mix: 2 (3 bed 1 bath), 2 (1 bed 1 bath), 2 (Studios). The interiors have been upgraded including: All units being painted recently; 4 with complete bathroom remodels; 5 with newer carpet; 4 with window A/C's. Covered parking for 2 vehicles with 2 additional onsite parking. NEW asphalt driveway and newer roof with 2 Year Roof Cert. With a 4.5% CAP Rate and upside potential, drive by, take a peek and let's make this one yours!

CV21010064MR

MLS ID

January 15, 2021

Listed

March 18, 2024

Updated

Map

3918 Velma AVE
EL MONTE CA, 91731

Interior Features

Appliances

None, Refrigerator


Laundry Description

None


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.11 Acres

Other Property Details

Area Name

El Monte


Taxes

$10,440


Tax Frequency

Annually


Days on Market

121


Association Fee Frequency

Monthly


Garage

No


Parking

Driveway, On street


Parking Total

4


View

No


County

Los Angeles


Pool

No


Pool Features

None


Zoning

EMR2YY

Listed by PAUL BONTEMPO with First Team Real Estate - OC
Listing Contact: 714-719-5459 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor OMNI Homes shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 3/18/2024

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