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    8838 Elm Ave

    Temple City, CA 91780
    • $1,700,000
    • STATUS: Active
    • ON SITE: 21 days
    • ID#: 20-623918
    UPDATED: 33 min ago
    $1,700,000
    • 8
      BEDS
    • 0.29
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,580
      SQFT
    • $475
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1950
    County:
    Area:

    School Ratings & Info

    Description

    Well-maintained 4-plex with strong occupancy and no deferred maintenance. Property consists of two stand alone houses and a duplex. Each unit has 2-bedrooms and 1-bath, laundry hookups, wall a/c, its own attached garage with additional on-site parking, and an exterior sensor porch light. One unit has original hardwood flooring in the living room and hallway. The others are carpeted and have hardwood flooring underneath. Termite treatment completed December 2019. Separately metered for gas and electric. Owner pays trash, water and gardener. Unit 8838 (tenant moved in 3/2018) was built in 1950/51. Units 8840 (tenant moved in 3/2010), 8842 (tenant moved in 4/2014) and 8842 1/2 (tenant moved in 8/2016) built in 1966. Fully occupied. All tenants are up to date with rent payments, and there were not any late payments during covid-19. Gross annual rents of $78,900. Viewing with accepted offer.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-20T08:42:35.753. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.randyplaice.com/homes/109506976
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    8838 Elm Ave Temple City, CA 91780

    • Price: $1,700,000
    • Status: Active
    • Updated: 33 min ago
    • ID#: 20-623918
    8
    Beds
    0
    Baths
    0
    ½ Baths
    0.29
    Acres
    3,580
    SQFT
    $475
    $/SQFT
    1950
    Built
    Neighborhood:
    Temple City
    County:
    Los Angeles
    Area:
    Temple City
    Property Description
    Well-maintained 4-plex with strong occupancy and no deferred maintenance. Property consists of two stand alone houses and a duplex. Each unit has 2-bedrooms and 1-bath, laundry hookups, wall a/c, its own attached garage with additional on-site parking, and an exterior sensor porch light. One unit has original hardwood flooring in the living room and hallway. The others are carpeted and have hardwood flooring underneath. Termite treatment completed December 2019. Separately metered for gas and electric. Owner pays trash, water and gardener. Unit 8838 (tenant moved in 3/2018) was built in 1950/51. Units 8840 (tenant moved in 3/2010), 8842 (tenant moved in 4/2014) and 8842 1/2 (tenant moved in 8/2016) built in 1966. Fully occupied. All tenants are up to date with rent payments, and there were not any late payments during covid-19. Gross annual rents of $78,900. Viewing with accepted offer.
    Exterior Features

    Covered Parking 7 Lot Size Area 12553 Other Structures None Parking Garage DrivewayGarage - 1 CarGarage - 2 CarGarage Is Attached Style Traditional Total Parking 10 View Description Other View YN Yes

    Interior Features

    Baths Total 4.00 Cooling Wall Unit(S) Equipment RefrigeratorRange/Oven Flooring Carpet Heating Wall

    Property Features

    Assessed Total Value 686356 Gross Income 78900 Gross Operating Income 74955 Land Lease Type Fee Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 64955.00 Number Of Buildings 3 Number Of Units 4 Owner Pays WaterGardener Sale Type Standard Source Living Area Assessor Source Lot Size Area Vendor Enhanced Total Annual Expense 10000 Type Of Units 4 Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Tcr3*

    Listing provided courtesy of Carle Hallen DRE#01893150 of New Hope Realty, Inc..


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-20T08:42:35.753. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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