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Image 1 - 10808 Elliott Ave, South El Monte, California, 91733 - House for sale
Image 2 - 10808 Elliott Ave, South El Monte, California, 91733 - House for sale
Image 3 - 10808 Elliott Ave, South El Monte, California, 91733 - House for sale
Image 4 - 10808 Elliott Ave, South El Monte, California, 91733 - House for sale
Image 5 - 10808 Elliott Ave, South El Monte, California, 91733 - House for sale
Image 6 - 10808 Elliott Ave, South El Monte, California, 91733 - House for sale
Image 7 - 10808 Elliott Ave, South El Monte, California, 91733 - House for sale
Home For Sale In South El Monte, California
10808 Elliott Ave, South El Monte, California, 91733

Home For Sale In South El Monte, California

house for sale
Listed: 06/09/24

10808 Elliott Ave, South El Monte, California, 91733

8 Bed:
7 Bath:
3,306 Sq Ft Living Area:
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Price
$ 1,7M

About This House

We would like to present 10808 Elliott Avenue, a 7-unit property located in a prime area of El Monte, free from rent control constraints providing maximum allowable rent increases under CaliforniaAB1482.Current rents are significantly below market with a3.64 CAP RATE.Increasing rents to market rates shows a Proforma 6.54 cap rate ! The units consist of 4 one story buildings with concrete driveway that allows parking for 16 cars. Six 1 bedroom 1 bathroom units and One 2 bedroom, 1 bathroom stand alone unit. Possible room for ADU (check with city) Most of the roofs have recently been replaced along with other upgrades. The units are 100% occupied. Each unit has individual metering for gas and electricity. The location offers various …  Full description

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South El Monte Housing & Living

Household Income

Median household income: $44,651
Number of households: 5,304
The average household income in South El Monte, CA grew from $42,460 to $44,651 in the past year. This data is an estimate based upon 5,304 households in South El Monte, CA.
The chart below presents how household income is distributed in South El Monte, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in South El Monte, CA compared to median property taxes around the country. The prevalent amount of property taxes in South El Monte, CA equals $3k+ , which is less than the national average.