12223 Magnolia Street El Monte, CA $ 2,250,000
12223 Magnolia Street
$ 2,250,000
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12223 Magnolia Street

El Monte, CA, 91732
$ 2,250,000
Bedrooms14 Baths6.0 Sq 5,080

Monthly Estimate*

$ 15,717

Listed by RE/MAX Galaxy
12223 Magnolia Street, El Monte, CA 91732 - Image 1
12223 Magnolia Street, El Monte, CA 91732 - Image 2
12223 Magnolia Street, El Monte, CA 91732 - Image 3
12223 Magnolia Street, El Monte, CA 91732 - Image 4
12223 Magnolia Street, El Monte, CA 91732 - Image 5

Multi-Family Home for sale in El Monte, CA

for $2,250,000 with 14 bedrooms and 6 full baths. This 5,080 square foot home was built in 1960 on a lot size of 0.4421.

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)

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Multi-Family Active

Price

$ 2,250,000

Bedrooms

14

Full Bath

6

Property Type

Multi-Family

Taxes

$ 0

Style

Apartment

Lot Size

0.4421

Year Built

1960

Town/City

El Monte

County/Region

Los Angeles

MLS | Web ID

TR23101913

Days on Market

345

Features
General
Sewer PublicSewer
Heating WallFurnace
Cooling WallWindowUnits
Zoning EMR3*
Garage Spaces 0.0
Pool Features None
Year Built 1960
Tenant Pays Electricity Gas
Stories 1
Levels One
Property SubType Apartment
Gross Income 0.0
Community Features Curbs Sidewalks
County Los Angeles
Net Operating Income 134816.0
Operating Expense 13900.0
Insurance Expense 2500.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions South of I-10 Freeway West of I-605 Freeway Between Durfee and Garvey Avenue
City El Monte
Entry Location /
View Y/N N
Senior Community Y/N N
Total Units 6
MLS Area 619 - El Monte
Lot Size Square Feet 19259.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Magnolia
Listing Terms Cash CashtoNewLoan Conventional Item1031Exchange
Property Attached Y/N Y
Land Lease Y/N N
Electric Expense 0.0
Home Warranty Y/N N
Fuel Expense 0.0
Trash Expense 4200.0
Water Sewer Expense 5400.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 125
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 4
Property Sub Type Additional Apartment
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Exterior
Lot Features Item610UnitsAcre
Water Source Public
Total Parking 0.0
Lot Size Area 19259.0
Number of Buildings 5
Spa N
Building Area Total 5080.0
Lot Size Acres 0.4421
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 6
Number of Separate Electric Meters 6
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Fireplace Features None
Total Stories 1
Common Walls Item1CommonWall
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Street
Laundry Features WasherHookup
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 12223
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* Excluded Features
List By
Re/Max Galaxy

Broker

(909) 861-9985

Phone

Affordability Calculator

$15,717
Per Month
100%
0%
0%
Monthly Principal & Interest
$15,717
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/11/2023$2,250,000 -10.00% Price Down
6/9/2023$2,500,000 Listed Price

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12223 Magnolia Street, El Monte, CA, 91732 is a Multi-Family Home for sale at $2,250,000 with 5,080 sqft and a lot size of 0.4421. 12223 Magnolia Street has 14 bedrooms, 6.0 baths, and was built in 1960. The property's zip code is 91732 which is in El Monte, CA