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 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!
| MLS # | WS26099243 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 120 |
| Listing Provided By | HARVEST REALTY DEVELOPMENT | HSIU CHEN |
| Bed(s) | 1 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,872 |
| Story(s) | 1 |
| Units | 2 |
| Acreage | 0.29 |
| Property View | Yes |
| Cooling | Electric |
|---|---|
| Cooling Yes / No | Yes |
| Interior Features | All Bedrooms Down |
| Fireplace Yes / No | No |
| Lot Features | Two To Five Units Acre |
|---|
| Garage Yes / No | No |
|---|
| Sewer | Public Sewer |
|---|
| Community Features | Sidewalks |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | El Monte |
| Zip Code | 91733 |
| Area | 619 El Monte |
| Listing VS Median (in 91733) | |
Price: $1,080,000 low | high Med: $856,494 sqft: 1,872 low | high Med: 1,853 $ / sqft: $577 low | high Med: $464 On site: 120 low | high Med: 69.5 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | El Monte |
| Zip Code | 91733 |
| Area | 619 El Monte |
| Listing VS Median (in 91733) | |
Price: $1,080,000 low | high Med: $856,494 sqft: 1,872 low | high Med: 1,853 $ / sqft: $577 low | high Med: $464 On site: 120 low | high Med: 69.5 | |
![]() | $1,080,0003108 Adelia AveEl Monte, CA 91733 |