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9917-9923 Rio Hondo Pky
El Monte, CA 91733
100% 2-Bedroom, +6% Market Cap, 16,299 SF Lot · Multifamily Property For Sale
·
7 Units
Investment Highlights
- 7 total units with ideal unit mix of 100% spacious 2-bedroom
- 40% rental upside potential with pro forma CAP rate exceeding 6%
- Potential for adding 2 accessory dwelling units (ADUs), subject to verification
- Spread across 4 separate buildings on an expansive 16,299 square foot lot
- Each unit equipped with its own laundry hookups and separate gas/electricity metering
- Close proximity to supermarkets, restaurants, schools, 10 freeway and El Monte Metrolink Station
Property Facts
| No. Units | 7 | Lot Size | 0.37 AC |
| Property Type | Multifamily | Building Size | 6,088 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | C | Year Built | 1963 |
| Zoning | R3 | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.37 AC |
| Building Size | 6,088 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1963 |
| Zoning | R3 |
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer Hookup
Site Amenities
- Fenced Lot
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | 825 - 884 |
| 2+2 | 1 | - | 1,020 |
Property Taxes
| Parcel Number | 8581-009-005 | Improvements Assessment | $642,600 |
| Land Assessment | $1,193,400 | Total Assessment | $1,836,000 |
Property Taxes
Parcel Number
8581-009-005
Land Assessment
$1,193,400
Improvements Assessment
$642,600
Total Assessment
$1,836,000
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