El Monte, CA 91732,4574 La Madera AVE
El Monte, CA 91732,4574 La Madera AVE
El Monte, CA 91732,4574 La Madera AVE
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$1,160,000
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0.44 Acres Lot
Active Under Contract

4574 La Madera AVE El Monte, CA 91732

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID MB25120192

HOA Y/N No

Year Built 1937

Lot Size 0.437 Acres

Property Sub-Type Triplex

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

Area 619 - El Monte

Zoning EMR1BY

Interior

Interior Features All Bedrooms Down

Heating Wall Furnace

Cooling See Remarks

Flooring Laminate, Tile

Fireplaces Type None

Fireplace No

Laundry Inside, In Garage

Exterior

Parking Features Driveway, Garage

Garage Spaces 5.0

Garage Description 5.0

Pool None

Community Features Street Lights, Suburban, Sidewalks

Total Parking Spaces 5

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Front Yard

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 8547022009

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Trust

Lease Land No


CRMLS – RECore
Listed by ELIZABETH MONTES UPTOWN REALTORS 323-833-1957
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agent

Faby Llerandi

Broker Associate | License ID: 01157215

+1(951) 520-0260

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4574 La Madera AVE