3108 Adelia AVE, El Monte, CA 91733

$1,080,000
1
BD
2
BA
1,872
SqFt

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List Agent HSIU CHEN () HARVEST REALTY DEVELOPMENT; CoList ()

List Price
$1,080,000
Status
ACTIVE
MLS#
WS26099243
Year Built
1950
Bedrooms
1
Bathrooms
2
Living Sq. Ft
1,872
Lot Size
12,600
Lot Location
2-5 Units/Acre
Days on Market
83
Property Type
Single Family Residential
Property Sub Type
Duplex
Stories
One Level

Property Description

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!

Additional Information

Pool Description
None
Cooling
Yes
Cooling Description
Electric
View
Neighborhood
Sewer
Public Sewer
Water
Public
School District
El Monte Union High

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.