La Puente, CA 91744,1174 Del Valle AVE
La Puente, CA 91744,1174 Del Valle AVE
La Puente, CA 91744,1174 Del Valle AVE
38
$3,825,000
$3,995,000
4.3%
Est.Price: ?

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11,899 SqFt

1174 Del Valle AVE La Puente, CA 91744

Est. payment /mo
SOLD DATE : 10/28/2022

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Key Details

Sold Price $3,825,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 11,899 sqft

Price per Sqft $321

MLS Listing ID SB22135817

Sold Date 10/28/22

HOA Y/N No

Year Built 1962

Lot Size 0.760 Acres

Acres 0.7598

Property Description

$500,000 PRICE REDUCTION, 12X GROSS ON ACTUALS! First time on the market in decades: massive generational corner asset consisting of 14 units with almost 12,000 square feet of living space on over 33,000 square feet of land! Park-like campus consisting of 6 separate structures on 3 parcels fronting three residential streets. Excellent unit mix with 11 two bed, one bath units, 1 one bed, one bath unit, 1 two bed, one bath house, and 1 three bed, two bath house (currently configured as two units with connecting door). 11 out of 14 units updated with new kitchen cabinets, quartz counters, tile bathrooms, and vinyl plank floors. Ideal income profile at 12.08X gross on actual rents with a 3% true upside to 11.69X gross on market rents. Well parked with 3 enclosed garages and 11 covered parking spaces (no tuck under). Listed rents are based on an increase that are in progress. Please call co-listing agent with questions.

Location

State CA

County Los Angeles

Area 633 - Industry/La Puente/Valinda

Zoning LPR3*

Interior

Laundry Common Area

Exterior

Garage Spaces 3.0

Pool None

Community Features Urban

Private Pool No

Building

Lot Description 11-15 Units/Acre, Lot 10000-19999 Sqft, Yard

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Special Listing Condition Standard, Trust

Lease Land No

Confidential INFO

BAC 2.5

TERMS Cash To New Loan

LIST AGRMT Exclusive Right To Sell

LIST SERVICE Full Service

SHOW CONTACT TYPE None

SHOW INSTRUCTIONS No showings without written offer. Please do not disturb tenants. Send offers and proof of funds to josh.ess@buckinghaminvestments.com and anthony.walker@buckinghaminvestments.com.

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CRMLS Plus
Listed by Buckingham Investments, Inc
Bought with Keller Williams Realty
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agent

Mark Witte

Agent | License ID: 02102425

+1(949) 269-7270

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