909 Galemont, Hacienda Heights, CA 91745

$1,150,000

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List Price
$1,150,000
Status
ACTIVE
MLS#
IV26194010
Year Built
1955
Lot Size
5,928
Acres
0.14
Lot Location
2-5 Units/Acre
Days on Market
8
Property Type
Single Family Residential
Property Sub Type
Single Family Residence

Property Description

5 Income Producing Units | $9,439.70 Current Monthly Rent | 6.51% Current CAP Rate. Unparalleled Hacienda Heights investment opportunity featuring five separate income-producing units within a single-family residential property. The property offers a versatile unit mix consisting of three 2-bedroom/1-bath units and two studio units, providing multiple rental income streams from one property. The property has been well maintained and features numerous updates, including tile flooring throughout, updated cabinetry, newer appliances, interior and exterior paint, and newer central heating and air conditioning. Established tenants are in place. Situated on an approximately 5,926 sq. ft. lot, the property features single-story construction and approximately 2,419 sq. ft. of building area. Conveniently located in a quiet Hacienda Heights neighborhood near shopping, dining, schools and major transportation routes, this is a unique opportunity for an investor seeking established in-place income with long-term upside.

Additional Information

Pool Description
None
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
5
Gross Scheduled Income
$113,280
Operating Expense
35542

Listing courtesy of Listing Agent: WAYNE KRENTEL (wayne.krentel@leinvestmentgroup.com) from Listing Office: LE INVESTMENT GROUP.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.