4574 La Madera Avenue, El Monte, CA 91732
- $1,160,000
- Sold Price
- $1,160,000
- List Price
- $1,160,000
- Closing Date
- Sep 30, 2025
- Status
- CLOSED
- MLS#
- MB25120192
- Year Built
- 1937
- Lot Size
- 19,020
- Acres
- 0.44
- Lot Location
- 0-1 Unit/Acre, Front Yard
- Days on Market
- 13
- Property Type
- Multifamily
- 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!
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Additional Information
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- See Remarks
- Garage Spaces Total
- 5
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- All Bedrooms Down
- Attached Structure
- Detached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $3,300
- Operating Expense
- 1000
- Garage Spaces
- 5
- Parking Spaces
- 5
Listing courtesy of Listing Agent: ELIZABETH MONTES (ELIZABETH@UPTOWN-REALTORS.COM) from Listing Office: UPTOWN REALTORS.
Listing sold by General NONMEMBER from NONMEMBER MRML
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