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11513 Medina Ct
El Monte, CA 91731
5.87% CAP -7.34% Proforma, 9-u Single-story · Multifamily Property For Sale
·
9 Units
Investment Highlights
- 5.87% CAP Rate, Cash-flow Day 1, Proforma CAP Rate 7.34%
- Single story layout with easy to manage unit mix, NO Local Rent Control (California AB1482), Copper Plumbing (buyer verify)
- In the heart of El Monte within walking distance to multiple shopping centers (Northgate Market, El Monte Plaza, Victoria Plaza, etc.) and a mile fr
- Walk Score 81, Strategic location near many major employers: Longo Lexus, Longo Toyota, Honda, Nissan, etc.
- Large lot size with ample parking, NO parking soft story retrofit is required.
- Recent CAPEX completed
Property Facts
| No. Units | 9 | Building Size | 4,656 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1959/2020 |
| Building Class | C | Parking Ratio | 2.15/1,000 SF |
| Lot Size | 0.28 AC | ||
| Zoning | R4, El Monte | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 4,656 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1959/2020 |
| Parking Ratio | 2.15/1,000 SF |
| Zoning | R4, El Monte |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Granite Countertops
- Hardwood Floors
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 9 | - | - |
Property Taxes
| Parcel Number | 8568-020-020 | Improvements Assessment | $412,522 |
| Land Assessment | $861,994 | Total Assessment | $1,274,516 |
Property Taxes
Parcel Number
8568-020-020
Land Assessment
$861,994
Improvements Assessment
$412,522
Total Assessment
$1,274,516
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