1165 Cassidy Lane, South El Monte, CA 91733
- $799,000
- List Price
- $799,000
- Status
- ACTIVE
- MLS#
- CV26168448
- Year Built
- 2021
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 47
- Property Type
- Multifamily
- Property Sub Type
- Townhouse
- Stories
- Three Or More Levels
Property Description
Investor Opportunity | Estimated $4,500/Month Market Rent | Low Operating Costs | No Mello-Roos Outstanding opportunity to own a newer construction investment property in the highly desirable gated Horizons Community. Built in 2021, this spacious 4-bedroom, 4-bathroom corner-unit townhome offers approximately 1,957 square feet with an estimated market rental value of approximately $4,500 per month, making it an attractive addition to any real estate portfolio. What truly sets this property apart are its exceptionally low ownership costs. Investors will appreciate the low approximate 1.25% property tax rate, HOA dues of only $293 per month (including trash service), fully paid solar with an average electric bill of approximately $50 per month, estimated homeowner's insurance of approximately $100 per month, and no Mello-Roos. The versatile floor plan features four bedrooms and four bathrooms, including a desirable first-floor bedroom and full bathroom, appealing to a wide range of tenants. Interior upgrades include luxury vinyl plank flooring, quartz countertops, stainless steel appliances, a large center island, dual-zone HVAC, tankless water heater, private balcony, and an attached two-car garage with direct access and EV charger pre-plumbing. Residents enjoy a professionally managed gated community featuring BBQ areas, picnic spaces, playground, fire pit, dog walking areas, and beautifully landscaped grounds. Convenient access to shopping, restaurants, major freeways, schools, and employment centers supports strong long-term rental demand. Ideal for buy-and-hold investors, 1031 exchange buyers, or anyone seeking a newer, low-maintenance investment property with attractive long-term appreciation potential. Investment Snapshot List Price: $799,000 Estimated Market Rent: Approximately $4,500/month* Low Approximate Property Tax Rate: 1.25% HOA: $293/month (includes trash) Average Solar/Electric: Approximately $50/month Estimated Insurance: Approximately $100/month Fully Paid Solar Built in 2021 No Mello-Roos Largest Floor Plan 4 Bedrooms | 4 Bathrooms Excellent 1031 Exchange Opportunity *Estimated market rent is based on current market conditions and is provided for informational purposes only. Buyers are encouraged to independently verify rental potential and operating expenses.
Additional Information
- HOA
- 293
- Association Amenities
- Dog Park, Fire Pit, Outdoor Cooking Area, Barbecue, Playground, Pet Restrictions, Trash
- Appliances
- Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Disposal, Gas Oven, Gas Range, Ice Maker, Microwave, Range Hood, Tankless Water Heater, Water To Refrigerator, Water Heater, Dryer, Washer
- Pool Description
- None
- Heat
- ENERGY STAR Qualified Equipment
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- None
- Exterior Construction
- Stucco, Vinyl Siding
- Roof
- Concrete, Tile
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Bedroom on Main Level, Primary Suite
- Pets
- Size Limit
- Attached Structure
- Detached
- Number Of Units Total
- 1
- Gross Scheduled Income
- $4,500
- Operating Expense
- 1225
Listing courtesy of Listing Agent: Stephen Romero (stephen.trademarkrealty@gmail.com) from Listing Office: TRADEMARK REALTY.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.