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Listed by ELIZABETH MONTES • UPTOWN REALTORS
$1,160,000
Est. payment /mo
2,856 SqFt
Active Under Contract
4574 La Madera Avenue El Monte, CA 91732
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 2,856 sqft
Price per Sqft $406
MLS Listing ID MB-25120192
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
Flooring Laminate, Tile
Fireplaces Type None
Laundry In Garage, Inside
Exterior
Parking Features Driveway - Combination, Garage
Garage Spaces 5.0
Pool None
Community Features Sidewalks, Street Lights, Suburban
Building
Lot Description Front Yard, 0-1 Unit/Acre
Sewer Public Sewer