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    15574 Garo Street

    Hacienda Heights, CA 91745
    • $1,488,800
    • STATUS: Active
    • ON SITE: 26 days
    • MLS #: WS20264408
    UPDATED: 79 min ago
    $1,488,800
    • 0
      BEDS
    • 0.49
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,600
      SQFT
    • $324
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1952
    County:

    School Ratings & Info

    Description

    Fantastic investment opportunity in Hacienda Heights! 5.5%+ Cap!! This property has 3 units with solid tenants, plus a garage converted ADU. All tenant occupied. 2nd, 3rd, and 4th unit built in 2018- in great conditions. First unit is fully remodeled and comes with new appliances. Current rental income is $8,500. New owner can easily raise the rents to above $9,000. Unit 1- $2,000, Unit 2- $2,200, Unit 3-$2,300, Unit 4- $2,000.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-26T21:29:00.12. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.

    www.desertareahomesforsale.com/homes/112929312
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    15574 Garo Street Hacienda Heights, CA 91745

    • Price: $1,488,800
    • Status: Active
    • Updated: 79 min ago
    • MLS #: WS20264408
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.49
    Acres
    4,600
    SQFT
    $324
    $/SQFT
    1952
    Built
    Neighborhood:
    631 - Hacienda Heights
    County:
    Los Angeles
    Area:
    631 - Hacienda Heights
    Property Description
    Fantastic investment opportunity in Hacienda Heights! 5.5%+ Cap!! This property has 3 units with solid tenants, plus a garage converted ADU. All tenant occupied. 2nd, 3rd, and 4th unit built in 2018- in great conditions. First unit is fully remodeled and comes with new appliances. Current rental income is $8,500. New owner can easily raise the rents to above $9,000. Unit 1- $2,000, Unit 2- $2,200, Unit 3-$2,300, Unit 4- $2,000.
    Exterior Features

    Architectural Style Traditional Construction Materials FrameStucco Fence YN Yes Fencing BlockElectricWrought Iron Garage Spaces 0.00 Lot Features 0-1 Unit/AcreBack YardFront YardLot 20000-39999 SqftNo Landscaping Lot Size Source Seller Lot Size Units Square Feet Parking Features None Parking Total 8.00 Parking YN No Pool Features None Pool Private YN No Property Attached YN No Spa Features None Spa YN No Uncovered Spaces 8.00 View None View YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Heating None Heating YN No Laundry Features Common Area Levels One Room Type Family RoomKitchenLaundryLiving RoomMain Floor Bedroom

    Property Features

    Accessibility Features None Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 5.50 Community Features Suburban Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 102000.00 Gross Scheduled Income 102000.00 Insurance Expense 0.00 Land Lease YN No Laundry YN Yes Net Operating Income 0.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 1 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Number Of Units Leased 4 Number With Dishwasher 4 Number With Refrigerator 4 Operating Expense 0.00 Professional Management Expense 0.00 Property Condition Additions/AlterationsUpdated/Remodeled Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 8500.00 Total Expenses 0.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Seller Zoning Lcra71/2

    Listing provided courtesy of Michael Yue of Century 21 Masters


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-26T21:29:00.12. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.

     
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