23
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$1,300,000
Est. payment /mo
7 Beds
2,512 SqFt
Active Under Contract
11133 Schmidt Road El Monte, CA 91733
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 2,512 sqft
Price per Sqft $517
MLS Listing ID CRAR25023389
Bedrooms 7
HOA Y/N No
Year Built 1962
Lot Size 0.303 Acres
Acres 0.3
Property Sub-Type Triplex
Property Description
First time on the market in decades—a reliable, low maintenance rental property in El Monte. For sale are three units including a detached garage on a large 13,177 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 making minor renovations. Currently, the garage is not being utilized, 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 separately metered and have ample parking space. Tenants are responsible for all utilities. This property is easy to operate and has huge upside potential.
Location
State CA
County Los Angeles
Zoning EMR3
Interior
Fireplace No
Laundry Other
Exterior
Exterior Feature Front Yard
Utilities Available Other Water/Sewer
Total Parking Spaces 3
Building
Lot Description Front Yard
New Construction No
Others
Tax ID 8105015019
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Listed by Tom Safa • Safa Real Estate
A FEW WORDS FROM PAST CLIENTS
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Mike & Jules Guzzardo Team With Jenny Biczkow
Realtor | r01066846,01955798,02086289