11865 Exline Street #B

This 3 bedrooms and 2 bathrooms total 1,188 square feet charming condominium is located in a gated community and situated in the center of City of El Monte. This comfortable house had extensive updates just around 2 years ago. Through a beautiful botanic community walkway, then step into the house bushed front yard. Open the first floor front door, has a big entrance hall, a huge size den using as a bedroom currently, a full bathroom, and a lovely kitchen; owner lives in the first floor, the rent can be $1,000/month. Through the stairs and another door, reach the second floor, the whole floor is very bright and airy, it has a spacious living room with dining area, an open kitchen, two generous size bedrooms and a full bathroom. Second floor right now is tenant occupied of $2,200/month. Tenants are seeking other places, they maybe move out within two months. The house has central air conditioning, a large attached two-car garage with washer & dryer hookup and plenty additional storage spaces. Property profile showed 2 bedrooms and 2 bathrooms. The community has many fruit trees and a huge parking lot. Each unit has the third assigned outdoor parking space besides the two-car garage. There are total 18 units in the community and it has 16 guest parking spaces for residents’ additional vehicles. HOA is $275/month includes the house water, gardening, trash, exterior insurance, and the gate maintenance. The house is in an excellent move-in condition. It is just a few blocks away from the Valley Blvd & Garvey Ave commercial corridor, which has groceries, banks, shopping centers, restaurants, bus stops, etc., very convenient for the daily life. It is also very close to Freeway 10 and 605. Current cap rate is around 4.8%. A great investment, very easy to rent out and manage. Showing by appointment only due to tenants occupied.