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Listed by Tom Safa • Safa Real Estate
$1,300,000
Est. payment /mo
0.3 Acres Lot
Active
11133 Schmidt RD El Monte, CA 91733
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRAR25023389
Originating Board California Regional MLS
Year Built 1962
Lot Size 0.303 Acres
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
Area 619 - El Monte
Interior
Laundry 30, 9
Exterior
Garage Spaces 3.0
Pool None
Building
Story One Story
Sewer TBD
Water District - Public
Others
Tax ID 8105015019
Special Listing Condition Not Applicable
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