10808 Elliott Avenue, South El Monte, CA 91733

Local realty services provided by:ERA North Orange County Real Estate
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10808 Elliott Avenue,South El Monte, CA 91733
$1,700,000
  • 4 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by:albert rodriguez
Office:century 21 citrus realty inc
MLS#:CV24100253
Source:SANDICOR

Price summary

  • Price:$1,700,000

About this home

We would like to present 10808 Elliott Avenue, a 7-unit property located in a prime area of El Monte, free from rent control constraints providing maximum allowable rent increases under California AB1482. Current rents are significantly below market with a 3.64 CAP RATE. Increasing rents to market rates shows a PROFORMA 6.54 CAP RATE! The units consist of 4 one story buildings with concrete driveway that allows parking for 16 cars. Six 1 bedroom 1 bathroom units and One 2 bedroom, 1 bathroom stand alone unit. Possible room for ADU (check with city) Most of the roofs have recently been replaced along with other upgrades. The units are 100% occupied. Each unit has individual metering for gas and electricity. The location offers various conveniences to diverse tenant demographics along with convenient transportation routes to 10, 605 and 60 freeways, three elementary schools, El Monte High School, Aquatic Center, Court House and Civic Center, Social Security Administration and Rio Hondo

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Home facts

  • Listing Id #:CV24100253
  • Added:436 day(s) ago
  • Updated:August 16, 2025 at 07:27 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,700,000
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