1165 Cassidy Lane South El Monte, CA 91733
UPDATED:
Key Details
Property Type Townhouse
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV26168448
Construction Status Turnkey
HOA Fees $293
HOA Y/N Yes
Year Built 2021
Property Sub-Type Townhouse
Property Description
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.
Location
State CA
County Los Angeles
Area 657 - So. El Monte
Interior
Interior Features Bedroom on Main Level, Primary Suite
Heating ENERGY STAR Qualified Equipment
Cooling Central Air
Flooring Vinyl
Fireplaces Type None
Fireplace No
Appliance 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
Laundry Laundry Closet, Upper Level
Exterior
Exterior Feature Awning(s)
Parking Features Permit Required
Garage Spaces 2.0
Garage Description 2.0
Fence Block, Wrought Iron
Pool None
Community Features Dog Park
Utilities Available Natural Gas Connected, Sewer Connected, Water Connected
Amenities Available Dog Park, Fire Pit, Outdoor Cooking Area, Barbecue, Playground, Pet Restrictions, Trash
View Y/N No
View None
Roof Type Concrete,Tile
Accessibility Parking
Total Parking Spaces 2
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 3
Entry Level Three Or More
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Three Or More
New Construction No
Construction Status Turnkey
Others
Pets Allowed Size Limit
Senior Community No
Tax ID 8118022044
Acceptable Financing Cash
Green/Energy Cert Solar
Listing Terms Cash
Special Listing Condition Standard
Pets Allowed Size Limit
