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10808 Elliott Avenue

South El Monte, CA 91733

– beds
– baths
– sqft
~1/2 acre lot
1954 build
– on site

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We would like to present 10808 Elliott Avenue, a 7-unit property located in a prime area of El Monte, free from rent control constraints providing maximum allowable rent increases under California AB1482. Current rents are significantly below market with a 3.64 CAP RATE. Increasing rents to market rates shows a PROFORMA 6.54 CAP RATE! The units consist of 4 one story buildings with concrete driveway that allows parking for 16 cars. Six 1 bedroom 1 bathroom units and One 2 bedroom, 1 bathroom stand alone unit. Possible room for ADU (check with city) Most of the roofs have recently been replaced along with other upgrades. The units are 100% occupied. Each unit has individual metering for gas and electricity. The location offers various conveniences to diverse tenant demographics along with convenient transportation routes to 10, 605 and 60 freeways, three elementary schools, El Monte High School, Aquatic Center, Court House and Civic Center, Social Security Administration and Rio Hondo College. El Monte allows easy routes and transportation to DTLA a major employment capital via the EL MONTE TRANSIT CENTER and Fastrak Toll Road. The property’s central location offers access to a variety of attractions offered by Los Angeles County, Orange County and the Inland Empire.

Listed By CRMLS_CA / Albert Rodriguez / CENTURY 21 CITRUS REALTY INC / 626-255-4854

Last checked: Checking… • Last updated Aug 22, 2024 •

MLS# CV24100253 —

The Building

Year Built:

1954
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Stucco
Building Area Total:

3306.00
Building Area Units:

Square Feet
Total Number Of Units:

7
# of Buildings:

4
Foundation:

Slab
Stories Total:

1
Entry Level:

1
Common Walls:

2+ Common Walls
Faces:

North
# of Separate Gas Meters:

7
# of Separate Water Meters:

1
# of Separate Electric Meters:

7

Interior

Levels:

One
Entry Location:

1
Fireplace:

No
Fireplace:

None
Laundry:

None

Location

Directions:

E of Santa Anita So. of Garvey
Latitude:

34.05821100
Longitude:

-118.03860400

The Property

Property Type:

Residential Income
Subtype:

Apartment
Zoning:

SER3*
Lot Features:

Garden, Landscaped, Lot 10000-19999 Sqft, Rectangular Lot, Near Public Transit, Park Nearby, Yard
Lot Size Area:

17513.0000
Lot Size Acres:

0.4020
Lot Size SqFt:

17513.00
Lot Size Source:

Assessor
View:

None
Fencing:

Block, Chain Link, Wrought Iron
Fence:

Yes
Security Features:

Smoke Detector(s)
Road Frontage:

City Street
Road Surface Type:

Paved
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

4338.04
Tax Tract:

565
Tax Lot:

11

The Listing

Special Listing Conditions:

Standard
Parcel Number:

8104018020

Utilities

Sewer:

Sewer Paid
Water Source:

Public

The Community

Features:

Biking, Curbs, Park, Sidewalks
Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None

Parking

Parking:

Yes
Parking:

Assigned, Driveway Level, On Site
Parking Spaces:

16.00
Uncovered Spaces:

16.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
8/13/24 Aug 13, 2024	Sold	CRMLS_CA	$1,550,000	-8.8%
7/2/24 Jul 2, 2024	Pending	CRMLS_CA	$1,700,000
6/5/24 Jun 5, 2024	Listed / Active	CRMLS_CA	$1,700,000

Multifamily Sold on 8/13/2024

$1,550,000

Listing provided by broker:

Albert Rodriguez

CENTURY 21 CITRUS REALTY INC

626-255-4854

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Listing Courtesy of: CRMLS_CA and CENTURY 21 CITRUS REALTY INC. Based on information from California Regional Multiple Listing Service, Inc. as of 10:49 on Dec 22.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

10808 Elliott Avenue

South El Monte, CA 91733