12328 Felipe Street

    El Monte, CA 91732
    • $2,250,000
    • STATUS: Active
    • ON SITE: 97 days
    • ID#: CV19161996
    UPDATED: 15 min ago
    $2,250,000
    • 0
      BEDS
    • 0.71
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,173
      SQFT
    • $314
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1929
    County:

    School Ratings & Info

    Description

    12328 Felipe Street is a mixed-unit multifamily property that is positioned within walking distance to Mountain View Park and multiple schools: Parkview Elementary School, Maxson Elementary School, Charles T. Krenz Middle School, and Mountain View High School. The property is also in close proximity to grocery stores, coffee shops, financial institutions and major retail outlets. 12328 Felipe Street Community is a well-maintained, 14-unit apartment/home-rental community that features 3 apartment units in 1 building, 3 mobile home rental homes, 7 park model homes, one mobile home site rented to the on-site manager and laundry facilities - many with significant recent renovation. The property offers a variety of accommodations from a studio-size apartment to 4-bed/3-bath mobile-home rentals. Many units offer recent renovations, including laminate wood flooring, new kitchen counters and cabinets. Rent for Trailers are identified as Studio in Unit Info.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-15T19:38:08.77. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or California Realty Experts. Licensed in the State of California, USA.
    www.californiarealtyexperts.com/homes/96706870

    12328 Felipe Street El Monte, CA 91732

    • Price: $2,250,000
    • Status: Active
    • Updated: 15 min ago
    • ID#: CV19161996
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.71
    Acres
    7,173
    SQFT
    $314
    $/SQFT
    1929
    Built
    Neighborhood:
    619 - El Monte
    County:
    Los Angeles
    Area:
    619 - El Monte
    Property Description
    12328 Felipe Street is a mixed-unit multifamily property that is positioned within walking distance to Mountain View Park and multiple schools: Parkview Elementary School, Maxson Elementary School, Charles T. Krenz Middle School, and Mountain View High School. The property is also in close proximity to grocery stores, coffee shops, financial institutions and major retail outlets. 12328 Felipe Street Community is a well-maintained, 14-unit apartment/home-rental community that features 3 apartment units in 1 building, 3 mobile home rental homes, 7 park model homes, one mobile home site rented to the on-site manager and laundry facilities - many with significant recent renovation. The property offers a variety of accommodations from a studio-size apartment to 4-bed/3-bath mobile-home rentals. Many units offer recent renovations, including laminate wood flooring, new kitchen counters and cabinets. Rent for Trailers are identified as Studio in Unit Info.
    Exterior Features

    Garage Spaces 0.00 Lot Features Lot 20000-39999 SqftRectangular Lot Lot Size Source Assessor Lot Size Units Square Feet Parking Features AssignedOn SiteUncovered Parking Total 21.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area 336 Average Studio Area Units Square Feet Average1 Bed Area 326 Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area 1102 Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Flooring Laminate Laundry Features Community Levels One

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 7.29 Community Features CurbsSidewalks Country Us Electric Expense 3414.00 Elevation Units Feet Fuel Expense 3590.00 Gardener Expense 900.00 Gross Income 230014.00 Gross Multiplier 9.95 Gross Operating Income 230014.00 Gross Scheduled Income 182904.00 Insurance Expense 3078.00 Land Lease YN No Laundry Income 1800.00 Laundry YN Yes Licenses Expense 1200.00 Maintenance Expense 5400.00 Maintenance Percent 2.35 Net Operating Income 154951.00 New Construction YN No New Taxes Expense 27494.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 14 Operating Expense 75062.00 Operating Expense Percent 32.63 Other Expense 10464.00 Other Expense Description Rent Con Other Income1 3600.00 Professional Management Expense 0.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 18842.00 Total Expenses 75062.00 Trash Expense 6293.00 Water Sewer Expense 7429.00 Water Source Public Year Built Source Assessor Zoning Emr1b*

    Listing provided courtesy of Eric Chen of Cb Richard Ellis


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-15T19:38:08.77. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or California Realty Experts. Licensed in the State of California, USA.
     
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