CA > El Monte
El Monte, CA 91733,11133 Schmidt Road
El Monte, CA 91733,11133 Schmidt Road
El Monte, CA 91733,11133 Schmidt Road
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$1,300,000
Est. payment /mo
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7 Beds
3 Baths
0.3 Acres Lot
Active

11133 Schmidt Road El Monte, CA 91733

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Patty Doyle

Patty Doyle

+1(619) 886-0321

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR25023389

Bedrooms 7

HOA Y/N No

Lot Size 0.303 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

First time on the market in decadesa 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 to long term tenants at below market rates. Take advantage of the opportunity to add value with rent increases and making minor 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.
First time on the market in decadesa 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 to long term tenants at below market rates. Take advantage of the opportunity to add value with rent increases and making minor 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.

Location

State CA

County Los Angeles

Area South El Monte (91733)

Zoning Assessor

Building

Lot Description Curbs

Story 1

Level or Stories 1 Story

Others

Acceptable Financing Cash, Conventional

Space Rent $1,220

Listing Terms Cash, Conventional

San Diego Regional MLS (SDMLS)
Listed by Tom Safa • Safa Real Estate

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agent

Patty Doyle

Agent | License ID: 01507441

+1(619) 886-0321

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11133 Schmidt Road

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