$9,700,000
$9,800,000
1.0%For more information regarding the value of a property, please contact us for a free consultation.
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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Bought with Priscilla Nee • CB Richard Ellis, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
880 Roosevelt Suite 250, Irvine, California, 92620, United States