4574 La Madera Avenue

El Monte,CA 91732

$ 1160000

7 Beds

3 Baths

0 SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID MB25120192

Bedrooms 7

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!

Location

State CA

County Los Angeles

Zoning Assessor

Interior

Cooling Other/Remarks

Exterior

View Y/N No

Building

Story 1

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