We are proud to present an exceptional investment opportunity: an eight-unit multifamily property located at 11139-11147 Kauffman Street in the vibrant City of El Monte. Ideally situated north of Romana Boulevard, 11139-11147 Kauffman Street offers a unique blend of classic charm and modern functionality. Residents enjoy convenient access to the 10 Freeway, the Metrolink El Monte Train Station, and a vibrant scene with dozens of shops, diverse restaurants, and exciting entertainment options within close proximity. El Monte offers a strong sense of community, with parks, schools, and activities that cater to families. It boasts a diverse food scene, influenced by its multicultural population. Steeped in history, the city offers a glimpse into the past at the El Monte Historical Museum and the Santa Fe Trail Historical Park. Beyond its rich heritage, El Monte boasts a convenient location with easy access to Los Angeles County, Orange County, and the Inland Empire. Nestled within the San Gabriel Valley, El Monte is surrounded by vibrant neighbors like Pasadena, Arcadia, Rosemead, Monrovia and West Covina. Within a 20-mile radius, you’ll find a wealth of local landmarks, including the world-renowned Huntington Library, The Rose Bowl, Dodger Stadium, and Crypto.com Arena. For outdoor enthusiasts, there’s Irwindale Speedway, Arcadia Golf Course, and Rosemead Park. The property features on-site laundry, private patios or yards, well-kept mature landscaping, garage parking and/or storage, and on-site parking. Some units are renovated with vinyl wood plank flooring and modern cabinetry, and all come equipped with functional kitchens and security screen doors. 11139-11147 Kauffman Street is a prime San Gabriel Valley income-producing property and a great long-term investment. The property is in a stable rental market area and offers stability for any type of investor, whether it may be a first-time purchaser, seasoned investor, or a 1031 exchange buyer.
Property Type :
Residential Income
County :
Los Angeles
Style :
Residential Income
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ByOwner last updated this listing 05/24/2024 @ 16:36
MLS: CV24088746
LISTED BY: ERIC CHEN, CB RICHARD ELLIS
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
