For more information regarding the value of a property, please contact us for a free consultation.
1174 Del Valle AVE La Puente, CA 91744
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
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.
Read Less

Bought with Keller Williams Realty