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 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.
Property Details
Price:
$1,199,000
MLS #:
AR25023389
Status:
Active
Baths:
0
Address:
11133 Schmidt Road
Type:
Residential Income
Subtype:
Triplex
Neighborhood:
619elmonte
City:
El Monte
Listed Date:
Feb 1, 2025
State:
CA
ZIP:
91733
Lot Size:
13,181 sqft / 0.30 acres (approx)
Year Built:
1962
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Schools
Interior
Exterior
Community Features
Curbs
Garage Spaces
0.00
Lot Features
Front Yard
Parking Spots
3.00
Pool Features
None
Sewer
Unknown
Stories Total
1
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
Electricity, Gas
Map
Community
- Address11133 Schmidt Road El Monte CA
- Area619 – El Monte
- CityEl Monte
- CountyLos Angeles
- Zip Code91733
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11133 Schmidt Road
El Monte, CA
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