Address
12239 Magnolia Street El Monte, CA
Price
$ 2,500,000
Property Attributes
  • MLS#WS21050673
  • TypeContingent
  • CountyLOS ANGELES
  • CityEl Monte
  • AreaEl Monte
  • Zip91732
  • StyleMobile Home
  • Year Built1930
  • Taxes28198
  • Price$ 2,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1 Acres
Listing Provided Courtesy Of:
THANH LY with UNITED R.E.- LOS ANGELES.
Data Source:
CRMLS
Property Description

PROBATE PROPERTY - Attention developers, builders and investors. 1 acre flat lot, zoned M1 with 32 units mobile home park + 4 residential units currently generate average gross income of $348,000 annually. There are two entrances, both are on Magnolia St., the Trailer Park conveniently located near El Monte Five Point shopping, foods, grocery and coffee shop. Easy access to 10 FWY, 605 FWY and 605 FWY. Buyer(s) advised to verify the accuracy of all information, development possibilities, zoning requirements thru personal inspection and with appropriate professionals. Please do not contact or disturb tenants, drive by only. Property to be sold in "AS-IS" physical conditions, no repairs or credit for repairs of any kind including termite. Seller owned 24 of the 32 mobile homes. Newer homes in the neighborhood.

Price History
3/11/2021 Listed $2,500,000

General Features

Architectural Style Mobile Home
Business Type Mobile/Trailer Park
Listing Agent THANH LY - BRE#01332587
Listing Agent State License 01332587
MLS Area 619 - El Monte
Property Sub Type Additional Mobile Home
Property SubType Mobile Home
Property Type Commercial Sale
Terms Cash to Existing Loan, Conventional, 1031 Exchange
Total Units 36
Utilities Electricity Connected, Natural Gas Connected, Sewer Connected
Water Sewer Expense 15848
Zoning ELM1

Interior Features

Laundry Features None

Exterior Features

Fencing Average Condition, Block, Chain Link, Wood
Lot Size Acres 1
Lot Size Area 43632
Lot Size Source Assessor
Lot Size Square Feet 43632
Lot Size Units Square Feet
Number of Buildings 2
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 91732

Price
AVG $1.09M
$2.5M
Taxes
AVG $28,198
$28,198
Visits
AVG 55
8
Year Built
AVG 1967
1930
Walkscore
AVG 55
63
Data Provided by Walkscore ® not using MLS data

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