4574 La Madera AVE Pending

El Monte,CA 91732

$ 1160000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Pending

Purchase Type For Sale

MLS Listing ID CRMB25120192

Year Built 1937

Lot Size 0.437 Acres

Property Sub-Type Triplex

Source California Regional MLS

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

Rooms

Kitchen None

Interior

Heating Wall Furnace

Cooling Other

Flooring Laminate

Laundry In Garage,Other

Exterior

Parking Features Garage,Other

Garage Spaces 5.0

Pool None

Building

Water District - Public

Others

Tax ID 8547022009

View More
Favorite Go Tour