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1823 Fruitvale AVE South El Monte, CA 91733
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Key Details
Sold Price $1,180,000
Property Type Single Family Home, Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW25119216
Year Built 1948
Lot Size 8,746 Sqft
Property Sub-Type Quadruplex
Property Description
Prime Investment Opportunity in South El Monte – Quadruplex! Welcome to a rare and highly desirable quadruplex located in the thriving heart of South El Monte. This is a golden opportunity for both seasoned investors and buyers looking to generate strong, consistent rental income in one of the most centrally located areas of the San Gabriel Valley. This well-maintained multi-family property features four individual units, each with its own private entrance, ample parking, and functional layouts perfect for long-term tenancy. With stable cash flow, low vacancy history, and room for rental upside, this asset is a standout in today's competitive market. Positioned on a large lot, the property offers plenty of off-street parking and potential for future value-add improvements. Whether you're looking to live in one unit and rent out the rest, or fully lease all four units, this property offers flexible options to fit your investment strategy. Situated near major freeways (60, 10, 605), shopping centers, schools, and employment hubs, the location is unbeatable for attracting quality tenants. Additionally, South El Monte continues to experience growth and development, making this an ideal time to secure a multi-unit property in an upward-trending market. Don't miss your chance to own a turnkey income property in a high-demand rental area with great long-term upside and excellent cash flow potential. This is the kind of investment that rarely comes available — act fast!
Location
State CA
County Los Angeles
Area 657 - So. El Monte
Zoning LCR3*
Interior
Heating Central
Cooling Central Air
Laundry Washer Hookup, Gas Dryer Hookup
Exterior
Pool None
Community Features Curbs, Street Lights, Sidewalks
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
View Y/N Yes
View Neighborhood
Building
Lot Description 2-5 Units/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard
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Bought with Angelica Lopez COLDWELL BANKER LEADERS