El Monte, CA 91732 12223 Magnolia Street

12223 Magnolia Street El Monte, CA - Image 112223 Magnolia Street El Monte, CA - Image 212223 Magnolia Street El Monte, CA - Image 3
Presented By: Grace Zhang with RE/MAX Galaxy; 909-223-2297
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# TR24118808
  • 06/11/2024
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 14
  • Baths • 6
  • SQFT • 5,080

Home Details

The Magnolia Street Apartments is located at 12223 Magnolia Street in the city of El Monte, just south of the I-10 Freeway and west of the I-605 Freeway, between Durfee Avenue and Garvey Avenue. Magnolia Street Apartments is positioned within walking distance to Mountain View Park, Parkview Elementary School, and Mountain View High School. The property is also in close proximity to Food 4 Less, coffee shops, financial institutions and major retail outlets. Magnolia Street Apartments is a well-maintained, non-rent-controlled, single-story, 6 unit property situated on a ±19,260 square foot lot with a total building size of ±5,080 square feet. The property features five detached single-story buildings with pitched composition shingle roofs. The property offers spacious two-bedroom/one-bathroom units and two-bedroom/one- bathroom +den units with an average unit size of 847 square feet. Every unit includes wall air conditioning and heating, washer hook-ups, and individual water heaters. Select units offer laminate wood flooring and new kitchen cabinets. Lastly, all units are individually metered for gas and electricity. Potential to add 1-2 units ADU extra income(please verify with city)
Presented By: Grace Zhang with RE/MAX Galaxy; 909-223-2297

Interior Features for 12223 Magnolia Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesWasherHookup
Total Stories1

Other Rooms

Entry Level1

General for 12223 Magnolia Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityEl Monte
Community FeaturesStreetLights
CountyLos Angeles
Directionsmagnolia
Electric Expense0.0
Electric On Property Y/NNo
Entry Locationground
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income156576.0
HOANo
Home Warranty Y/NNo
Insurance Expense2500.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashToNewLoan, Conventional, Exchange1031
Lot Size Square Feet19265.0
Lot Size UnitsSquareFeet
MLS Area619 - El Monte
MobileHomeRemainsYNNo
Net Operating Income144476.0
New ConstructionNo
Number Of Units Total6
Operating Expense12100.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tax Lot4
Trash Expense4200.0
Water Sewer Expense5400.0
Waterfront Y/NNo
Year Built1960
Year Built SourceAssessor
ZoningEMR3*

Exterior for 12223 Magnolia Street

Building Area Total5080.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesSixToTenUnitsAcre
Lot Size Acres0.4423
Lot Size Area19265.0
Lot Size SourceAssessor
Number of Buildings6
Number of Separate Electric Meters6
Number of Separate Gas Meters6
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $2,250,000
MLS#TR24118808
List Date 06/11/2024
Property Type Multi-Family
Phone 714.742.6515
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