Listing Agent: HSIU CHEN      Broker/Office: HARVEST REALTY DEVELOPMENT
3108 Adelia AVE El Monte CA 91733
$ 1,080,000
  1   |    1 Full  1 Half   |    1872 Sq Feet

Listing ID

#WS26099243

Status

Coming Soon

Property Type

Duplex

County

Los Angeles

Year Built

1950

Days on website

2

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!
Location
Financial Information
List Price:  $ 1080000
Property Features
Community Features:  Sidewalks
Cooling:  Electric
High School District:  El Monte Union High
Levels:  One
Senior Community YN:  false
Structure Type:  Duplex
View:  Neighborhood
Water Source:  Public
High School District:  El Monte Union High
Senior Community YN:  false
MLS Area Major:  619 - El Monte
City:  El Monte
Listed By:   HSIU CHEN   HARVEST REALTY DEVELOPMENT 
CA Lic#