Assigned, Carport, On Street.
The Courtyard Apartments is located just south of Ramona Boulevard on Santa Anita Avenue and north of the 10 freeway. Across the street there is the $60 million newly renovated El Monte Metro Station. There is the ongoing $700 million El Monte Gateway project across the street, a mixed-use development consists of 208 apartment units and retail. This investment opportunity presents approx. 36% upside potential in rental income. Property sold ''As-Is'' in its present condition, Seller will notpay or make any repairs/replacements.A total of three buildings with a total building size of +/-12,958 square feet, sitting on a +/-25,480 square feet lot. The property has an excellent unit mix of (10) 1 bed / 1 bath, and (8) 2 bed / 1 bath. Average unit size is at a spacious +/-720 square feet. Approximately 40% of the units have been renovated with modern laminated flooring, tiled bathroom, laminated kitchen countertops, updated cabinetry. Total of 22 parking spaces in the rear of the property, 16 covered spaces and 6 open spaces. Extra parking and laundry generate additional income. Buyer to verify all information herein. Broker/Agent and Seller does not guarantee its accuracy.Click ''DEAL ROOM'' to download OM: https://www.aggregateip.com/3420santaan
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