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$1,160,000
Est. payment /mo
7 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID MB25120192
Bedrooms 7
Property Sub-Type Res Income 2-4 Units
Property Description
Prime Location, 3 Unit rental property in El Monte. For sale there are three units including 3 separate detached garage. On a large 19,015 square foot lot in the heart of a very popular rental market. All three units are currently rented to long-term tenants at below market rates. Take advantage of the opportunity to add value with rent increases and make some renovations. 3 Garages, allowing for the possibility of converting it into livable space, further increasing cash flow without disrupting the current tenants parking. Adding an ADU/JADU can add tremendous value. All three units are separate meters and have ample parking space. This property is easy to operate and has huge upside potential. First time on the market in decades! Don't miss the chance to invest in this prime location!
Location
State CA
County Los Angeles
Zoning Assessor
Direction 605 fwy north, exit Ramona, Left on Lambert, Right on La Madera
Interior
Cooling Other/Remarks
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Tax ID 8547022009
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Listed by ELIZABETH MONTES UPTOWN REALTORS
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "