12208 12210 MAGNOLIA STREET, EL MONTE, CA 91732

  • 1,938 sqft
  • Lot Size: 10,805 sqft
  • Built in 1946
  • MLS #CV21118182
For Sale $790,000

Description

Two homes on a lot. Large lot zoned R3. Property has plenty of space for a third unit. Front house has one car garage with a storage space above. Two spacious bedrooms with two bathrooms, bedrooms have a spacious walk-in closets. Laminate wood flooring throughout. Living area is spacious and has open floor plan between the dinning Room and living room. Smooth ceilings throughout. Some newer windows. Second house is a two bedroom one bath. Driveway is wide, you can park two cars wide on the side of the house with plenty of room. Lots of potential for expansion or third unit. Current rents are less than half of current value. Current rents market value has possibility to bring cap rate to 6% plus!!!

FACTS / FEATURES

  • Built in 1946
  • Lot Size: 10,805 sqft
  • View: None
  • Cooling: Wall/Window Unit(s)
  • Heating: None
  • Parking: 3 spaces total

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Listing Provided by CARMEN HOLDRIDGE, HOMESMART, EVERGREEN REALTY
Based on information from California Regional Multiple Listing Service, Inc. as of June 20, 2021. 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.