El Monte, CA 91732,4574 La Madera Avenue
El Monte, CA 91732,4574 La Madera Avenue
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$ 1,160,000
Est. payment | /mo

7 Beds

3 Baths

0.44 Acres Lot


Save
$ 1,160,000
Est. payment | /mo
Save

7 Beds

3 Baths

0.44 Acres Lot

OPEN HOUSE

Sat Jun 07, 10:00am - 12:00pm

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID MB25120192

Bedrooms 7

HOA Y/N No

Lot Size 0.437 Acres

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!
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 El Monte (91732)

Zoning Assessor

Interior

Cooling Other/Remarks

Building

Lot Description Sidewalks

Story 1

Others

Monthly Total Fees $91

Space Rent $600

San Diego Regional MLS (SDMLS)
Listed by ELIZABETH MONTES • UPTOWN REALTORS
agent-avatar

+1(619) 606-0700

jay@theleehometeam.com

2015 Birch Rd. Ste 1009., Vista, CA, 91915

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