11133 Schmidt RD Active Save Request In-Person Tour Request Virtual Tour
El Monte,CA 91733
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR25023389
HOA Y/N No
Year Built 1962
Lot Size 0.303 Acres
Property Sub-Type Triplex
Property Description
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 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 619 - El Monte
Zoning EMR3*
Interior
Fireplace No
Laundry Washer Hookup,Electric Dryer Hookup
Exterior
Pool None
Community Features Curbs
Total Parking Spaces 3
Private Pool No
Building
Lot Description Front Yard
Story 1
Entry Level One
Sewer Unknown
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 8105015019
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard,Trust