11133 Schmidt Road, El Monte, CA 91733 - MLS#AR25023389

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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 1,199,000

Est. payment | -/mo

7 Beds

3 Baths

Save

$ 1,199,000

Est. payment | -/mo

Save

7 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR25023389

Bedrooms 7

Property Sub-Type Res Income 2-4 Units

Property Description

First time on the market in decadesa 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 on a month-to-month basis to long term tenants at below market rates. Take advantage of the opportunity to add value with rent increases and 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 Assessor

Direction South of Garvey between Tyler and Peck

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Tax ID 8105015019

Listed by Tom Safa Safa Real Estate

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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11133 Schmidt Road El Monte, CA 91733