$1,080,000

Multi Family In El Monte

  • 1 Beds
  • 2 Baths
  • 12,602 Sqft lot
  • Updated: May 29
  • Source:
    San Diego MLS  MLS#WS26100116

About the Property

This is a highly promising investment property in R3 land. Currently, there are two units with long-term, stable, and high-quality tenants: a convenience store rents for $2835 and a residential unit for $1500. Next to it is approximately 7000 sq ft of land suitable for residential development (2800 sq ft) and an ADU (Advanced Development Unit) of 800 sq ft. The existing storefront will remain unch
This is a highly promising investment property in R3 land. Currently, there are two units with long-term, stable, and high-quality tenants: a convenience store rents for $2835 and a residential unit for $1500. Next to it is approximately 7000 sq ft of land suitable for residential development (2800 sq ft) and an ADU (Advanced Development Unit) of 800 sq ft. The existing storefront will remain unchanged, while the residential unit can be enlarged. A designer has been commissioned, and initial design drafts are available. It’s close to schools and shopping malls. The city also allows daycare services in this area. In Los Angeles’ booming rental market, this is a rare and excellent investment opportunity don’t miss it!
  • Property type

    Other

  • Floors

    1

Features

  • Investment Property

Explore the Area

3108 Adelia Ave, El Monte, California, United States View on Google Maps
Price per sqft
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HARVEST REALTY DEVELOPMENT - Pasadena

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HARVEST REALTY DEVELOPMENT - Pasadena
California, United States
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7
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2025
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HARVEST REALTY DEVELOPMENT - Pasadena
Pasadena, California, United States
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Last updated
May 29
First listed
May 29
Listing reference
WS26100116
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