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12127 Morehouse St, El Monte, CA, 91732

4beds
4baths
1,866sqft
$949,000
$509price/sqft
$6,960/moest. monthly cost
$278,400/yrincome needed

About This Home

Great investment opportunity in the heart of El Monte! This 4-unit is located on a quiet cul-de-sac close to Elliot Park and schools. Easy access to 10 and 60 freeways. Each unit has a private patio and washer/dryer hookups. Front unit (12127 Motehouse st) is a Single Family Residence with 2 beds and 1 bath. Back building has the other 3 units – Two 1 bed/1 bath (12129, 12129 1/2 Morehouse St), and One studio with 1 bath (12129 1/4 Morehouse St). Property is fully occupied with long-term tenants. Tenants pay Gas and Electricity with their separate meters. Rents have not been raised for years. Property has stable cash flow with MASSIVE UPSIDE POTENTIAL. Investors have the flexibility to strategically raise rents, enhance unit interiors, or add modern amenities to significantly increase returns. Whether you’re a seasoned investor or just entering the multifamily space, this is the kind of asset that builds long-term wealth. Don’t miss your chance to transform this rare multi-unit into a cash-flow powerhouse! PLEASE DO NOT DISTURB THE TENANTS as THIS IS DRIVE BY ONLY . OFFER SUBJECT TO INTERIOR INSPECTION.

Getting Around

58
WalkingSomewhat Walkable
42
TransitSome Transit
49
BikeSomewhat Bikeable

Schools

5/10
4/10
Mountain View High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1945

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex

Interior

Appliances

  • Laundry features: Electric Dryer Hookup,Gas Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4

Features

  • Common walls with other units/homes: No Common Walls

Interior Area

  • Total structure area: 1,866
  • Total interior livable area: 1,866 sqft

Property

Details

  • Parcel number: 8107021007
  • Zoning: EMR1A*
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: Front
  • Pool features: None

Lot

  • Lot size: 6,869 sqft
  • Features: 2-5 Units/Acre

Parking

  • Total spaces: 4
  • Parking features: Carport
  • Covered spaces: 4
  • Carport: Yes
  • Carport spaces: 4