4574 La Madera AVE Save Request In-Person Tour Request Virtual Tour
El Monte,CA 91732
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Triplex
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID MB25120192
Year Built 1937
Lot Size 0.437 Acres
Property Sub-Type Triplex
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
Area 619 - El Monte
Zoning EMR1BY
Interior
Heating Wall Furnace
Cooling See Remarks
Flooring Laminate,Tile
Fireplaces Type None
Laundry Inside,In Garage
Exterior
Parking Features Driveway,Garage
Garage Spaces 5.0
Garage Description 5.0
Pool None
Community Features Street Lights,Suburban,Sidewalks
Building
Lot Description 0-1 Unit/Acre,Front Yard
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Trust