CA > El Monte
El Monte, CA 91733,9734 Rio Hondo Pkwy
El Monte, CA 91733,9734 Rio Hondo Pkwy
El Monte, CA 91733,9734 Rio Hondo Pkwy
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$1,298,000
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0.28 Acres Lot
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9734 Rio Hondo Pkwy El Monte, CA 91733

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Key Details

Property Type Single Family Home, Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID WS25277877

Construction Status Updated/Remodeled,Turnkey

HOA Y/N No

Year Built 1939

Lot Size 0.277 Acres

Property Sub-Type Quadruplex

Property Description

This well-maintained four-unit property offers a highly desirable unit mix and strong upside potential. The first and second units are fully detached from each other, providing added privacy. The second unit has been completely remodeled on the interior, allowing the new owner the opportunity to either occupy the unit or lease it at a significantly higher market rent due to its like-new condition. The third unit features its own private two-car garage along with a dedicated yard, while the fourth unit also offers a private yard with excellent backyard privacy. The property is located in a fast-growing neighborhood with convenient access to downtown and the southern areas. The street is paved and includes sidewalks, contributing to a pleasant residential environment. Total potential income can approach approximately $9,000 per month. Current rents are below market, giving the new owner flexibility to adjust rents over time. With low operating expenses, this property presents an excellent opportunity for both investors and owner-users seeking long-term value and income growth.

Location

State CA

County Los Angeles

Area 619 - El Monte

Rooms

Other Rooms Gazebo, Shed(s)

Interior

Heating Ductless, Wall Furnace

Flooring Carpet

Fireplace No

Laundry Inside

Exterior

Exterior Feature Lighting

Parking Features Attached Carport, Assigned, Detached Carport, Driveway

Garage Spaces 2.0

Carport Spaces 4

Garage Description 2.0

Fence Wood, Wire

Pool None

Community Features Biking, Curbs, Park

Utilities Available Cable Available

Roof Type Shingle

Total Parking Spaces 6

Private Pool No

Building

Lot Description Back Yard, Front Yard, Garden, Lawn, Level, Near Park, Near Public Transit, Paved, Rectangular Lot, Ranch, Sprinkler System, Street Level, Yard

Story 1

Entry Level One

Foundation Raised, Slab

Sewer Public Sewer

Water Public

Architectural Style Cottage, Ranch

Level or Stories One

Additional Building Gazebo, Shed(s)

New Construction No

Construction Status Updated/Remodeled,Turnkey

Others

Senior Community No

Tax ID 8581013013

Security Features Carbon Monoxide Detector(s)

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

Lease Land No

CRMLS – RECore
Listed by RHEA BAI RE/MAX PREMIER/ARCADIA 626-589-7958

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9734 Rio Hondo Pkwy

 
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