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Listed by Avinash Narang • BRC Advisors BH
$ 3,849,000
Est. payment /mo
Active
248 N 1st Street La Puente, CA 91744
5,524 SqFt
UPDATED:
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
Year Built 2024
Lot Size 7,491 Sqft
Property Sub-Type Other
Source Datashare California Regional
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
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
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