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!
Property Details
Price:
$1,160,000
MLS #:
MB25120192
Status:
Active
Baths:
0
Address:
4574 La Madera Avenue
Type:
Residential Income
Subtype:
Triplex
Neighborhood:
619elmonte
City:
El Monte
Listed Date:
May 29, 2025
State:
CA
ZIP:
91732
Lot Size:
19,020 sqft / 0.44 acres (approx)
Year Built:
1937
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Mortgage Calculator
Schools
Interior
Appliances
None
Cooling
See Remarks
Fireplace Features
None
Flooring
Laminate, Tile
Heating
Wall Furnace
Exterior
Community Features
Sidewalks, Street Lights, Suburban
Garage Spaces
5.00
Lot Features
0-1 Unit/ Acre, Front Yard
Parking Features
Driveway – Combination, Garage
Parking Spots
5.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
Water Source
Public
Financial
Map
Community
- Address4574 La Madera Avenue El Monte CA
- Area619 – El Monte
- CityEl Monte
- CountyLos Angeles
- Zip Code91732
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4574 La Madera Avenue
El Monte, CA
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