3438 Gilman Road
3438 Gilman Road
$950,000
5
4
2,446
2,446
$388
Pending
Description
Just reduced! We are pleased to present a 4-Unit multi-family investment opportunity in the prime area of North El Monte. This fourplex features (1) 2-Bed/1-Bath unit, and (3) 1-Bed/1-Bath units. Tenants have access to on-site carport parking and yard space. Each unit is separately metered for gas and electricity. This property offers a substantial 45% potential upside in rental income, making it an attractive prospect for maximizing return on investment. Moreover, the property enjoys the advantage...Just reduced! We are pleased to present a 4-Unit multi-family investment opportunity in the prime area of North El Monte. This fourplex features (1) 2-Bed/1-Bath unit, and (3) 1-Bed/1-Bath units. Tenants have access to on-site carport parking and yard space. Each unit is separately metered for gas and electricity. This property offers a substantial 45% potential upside in rental income, making it an attractive prospect for maximizing return on investment. Moreover, the property enjoys the advantage of no local city rent control, giving you the flexibility to reposition tenants with a "substantial remodel" approach in an effort to obtain competitive rental rates, and optimize your investment strategy. One unit to be delivered vacant at the close of escrow.
- Listed by Kristopher German • DRE #01800021 • Brokerage DRE #01264629 • RE/MAX 2000 REALTY • 909-645-0443
Property Details for 3438 Gilman Road
Parking Spaces Total
4
Private PoolNo
Total Units4.0
Building TypeAttached
Lot Size SourceAssessor
Living Area2446
Assessor Parcel Number8549-041-002
Property Attached YNtrue
Location
LISTING UPDATED: 05/02/2024 10:01 AM
Property Details for 3438 Gilman Road
Status | Pending |
---|---|
MLS # | CV24015480 |
Days on Market | 56 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1962 |
County | Los Angeles County |
Location
Building Information for 3438 Gilman Road
Building/Complex3438 Gilman RdFloor-Stories2Residences-Pet Policy-Year Built1962Building Size-
Payment Calculator
$5,636 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 3438 Gilman Road
Property History for 3438 Gilman Road
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 3438 Gilman Road
Taxable ValueLand$63,452Additions$272,275Total$335,727
Tax Record2023$5,407 ($451 / month)
Home Facts
Total Finished SqFt2,446 SqFtAbove Grade Finished SqFt2,446 SqFtLot Size5,300 SqFtStyleQuadraplexYear Built1962ZoningEMR3YYCountyLOS ANGELESAPN8549-041-002
Schools near 3438 Gilman Road
This home is within El Monte Union High School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 7 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | 10 to 12 |
Rating | School | Distance |
---|---|---|
Twin Lakes Elementary School PublicK to 7 | ||
Alfred S. Madrid Middle School Public7 to 8 | ||
Mountain View High School 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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