El Monte, CA 91731,3733 GIBSON RD
El Monte, CA 91731,3733 GIBSON RD
El Monte, CA 91731,3733 GIBSON RD
El Monte, CA 91731,3733 GIBSON RD
El Monte, CA 91731,3733 GIBSON RD
El Monte, CA 91731,3733 GIBSON RD
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$9,700,000

$9,800,000

1.0%
Est.Price: ?

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Est. payment /mo

1.08 Acres Lot


SOLD DATE : 10/21/2019

Key Details

Sold Price $9,700,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 19465130

Sold Date 10/21/19

HOA Y/N Yes

Year Built 1963

Lot Size 1.084 Acres

Property Description

The Atrium is located at 3733 Gibson Road in the El Monte submarket with the APN 8578-008-024. The property presents an investor with the unique opportunity to own a turnkey piece of real estate in a non rent-controlled rental submarket within the San Gabriel Valley. Constructed in 1963, The Atrium is a well-maintained three-building, two-story, 39-unit property that was extensively renovated in 2017/2018. The property sits on a ±47,231 square foot R3 lot with a total building size of ±32,043 square feet. The controlled access property offers a leasing office, fitness center, gated pool, secured parking, on-site laundry facilities, and several capital improvements including a new roof, new central water heaters, and new electrical panels in each unit. The renovated units offer new kitchens and bathrooms, Formica countertops, stainless steel appliances, luxury vinyl plank and carpet flooring, ample storage space, and wall units for heating and cooling.

Location

State CA

County Los Angeles

Area 619 - El Monte

Interior

Fireplace No

Laundry See Remarks

Exterior

Garage Controlled Entrance

Pool Association

Amenities Available Controlled Access, Pool

Others

Tax ID 8578008024

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Priscilla Nee • CB Richard Ellis, Inc.
Bought with Priscilla Nee • CB Richard Ellis, Inc.
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