La Puente, CA 91744,248 N 1st Street
La Puente, CA 91744,248 N 1st Street
La Puente, CA 91744,248 N 1st Street
11
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Listed by Avinash Narang • BRC Advisors BH
$3,849,000
Est. payment /mo
5,524 SqFt
Active

248 N 1st Street La Puente, CA 91744

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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,524 sqft

Price per Sqft $696

MLS Listing ID CRRS25068587

HOA Y/N No

Originating Board Datashare California Regional

Year Built 2024

Lot Size 7,491 Sqft

Property Sub-Type Other

Property Description

New 2024 Construction – Turnkey 19-Unit Fully Occupied Multifamily Asset in the Heart of Growing Downtown La Puente Welcome to a rare opportunity to own a brand-new 2024-built multifamily property consisting of 19 modern units, now 100% occupied and generating immediate income. Perfectly suited for investors looking for strong, stabilized cash flow, or organizations seeking high-quality housing solutions for city or non-profit programs, this property offers exceptional long-term potential. Strategically located in the heart of Downtown La Puente, this asset is positioned behind City Hall, across from La Puente High School, and steps away from a new condominium development, highlighting the area’s rapid transformation and rising demand. Each unit is designed with modern finishes and functional layouts, appealing to long-term tenants. The building features in-house laundry facilities, offering added convenience for residents and an additional source of revenue. Additional amenities include on-site parking, a highly desirable feature in this urban setting. With a layout ideal for both market-rate renters and affordable housing programs, the property is well-suited for partnerships with local municipalities, housing authorities, or non-profit organizations. With no deferred maint

Location

State CA

County Los Angeles

Interior

Cooling Wall/Window Unit(s)

Flooring Vinyl

Fireplace No

Laundry Other

Building

Lot Description Other

Water Public


Bay East AOR and Contra Costa AOR

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agent

Max Manatt

Agent | License ID: 01957416

+1(925) 980-3375

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248 N 1st Street