$1,080,000
3108 Adelia Ave AVE
El Monte, CA 91733
—
Beds
—
Baths
12,602
Square feet
1950
Built
Listing narrative
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 (Advanced Development Unit) 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!
Property Details
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Price
$1,080,000
Beds
Beds n/a
Type
Multi-Family
Home Size
12,602 sqft
Baths
Baths n/a
Lot Size
0.29 acres
Year
1950
Status
For Sale
Days on Market
183
$ / Sqft
$86
Courtesy of HARVEST REALTY DEVELOPMENT





