3420 Santa Anita Avenue
3420 Santa Anita Avenue
$4,432,500
3
18
12,958
12,958
$342
Closed 12/27/21
Description
We are pleased to present the Santa Anita Garden apartments exclusively for sale. 18 units delivering a going in cap rate of 4.8% with 17% upside in rents. During the pandemic, El Monte rents actually grew while many other cities saw spikes in vacancy and drop in asking rents, per Costar. Alongside the BILLION Dollar Investment initiative of El Monte, the affordability vs other surrounding areas proves to be a strong investment foothold for landlords. El Monte's new state of the art bus station facility...We are pleased to present the Santa Anita Garden apartments exclusively for sale. 18 units delivering a going in cap rate of 4.8% with 17% upside in rents. During the pandemic, El Monte rents actually grew while many other cities saw spikes in vacancy and drop in asking rents, per Costar. Alongside the BILLION Dollar Investment initiative of El Monte, the affordability vs other surrounding areas proves to be a strong investment foothold for landlords. El Monte's new state of the art bus station facility sees 40,000 passengers making it the largest bus station west of Chicago, and with the Metro very close, tenants can truly be non-reliant on automobile ownership and expenditures. Situated on over half acre of land, individual hot water heaters, good walkability and growing community. For offering memorandum or questions about this opportunity, contact listing agent
- Listed by Levon Alexanian • DRE #00911091 • Brokerage DRE #01521876 • Keller Williams World Media Center
Property Details for 3420 Santa Anita Avenue
Parking Spaces Total
0
Private PoolNo
Total Units18.0
Building TypeAttached
Lot Size SourcePublic Records
Living Area12958
Assessor Parcel Number8579-004-009
Property Attached YNtrue
Location
LISTING UPDATED: 12/27/2021 04:49 AM
Property Details for 3420 Santa Anita Avenue
Status | Closed |
---|---|
MLS # | SR21144335 |
Days on Market | 104 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1948 |
Lot Size | 0.58 AC / 25,480 SF |
County | Los Angeles County |
Location
Building Information for 3420 Santa Anita Avenue
Stories-Residences-Year Built1948Building Size-Lot Size0.58 AC / 25,480 SF
Payment Calculator
$29,516 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 3420 Santa Anita Avenue
Property History for 3420 Santa Anita Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 3420 Santa Anita Avenue
Taxable ValueLand$3,164,754Additions$1,357,876Total$4,522,630
Tax Record2023$63,915 ($5,326 / month)
Home Facts
Total Finished SqFt12,958 SqFtAbove Grade Finished SqFt12,958 SqFtLot Size25,480 SqFtStyleMulti-Family Res (5+ Units)Year Built1948ZoningEMR4YYCountyLOS ANGELESAPN8579-004-009
Schools near 3420 Santa Anita Avenue
This home is within El Monte Union High School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 | |||
Public - | 10 to 12 |
Rating | School | Distance |
---|---|---|
Columbia Elementary School PublicK to 8 | ||
El Monte High School Public9 to 12 | ||
El Monte Union High School Community Day Public9 to 12 | ||
Fernando R. Ledesma Continuation High School Public10 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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