3108 Adelia Ave, El Monte, CA 91733
3108 Adelia Ave, El Monte, CA 91733
3108 Adelia Ave, El Monte, CA 91733
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Lucio Real Estate Group

Lucio Real Estate Group

+1(805) 512-0065
$1,080,000
Est. payment /mo
0.29 Acres Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID WS26100116

HOA Y/N No

Year Built 1950

Lot Size 0.289 Acres

Property Sub-Type Duplex

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 (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

State CA

County Los Angeles

Area 619 - El Monte

Interior

Fireplace No

Laundry In Kitchen

Exterior

Pool None

Community Features Sidewalks

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 8581014030

Energy Description 520.0

Acceptable Financing Cash, Conventional, 1031 Exchange, Owner May Carry

Listing Terms Cash, Conventional, 1031 Exchange, Owner May Carry

Special Listing Condition Standard

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Listed by HSIU CHEN HARVEST REALTY DEVELOPMENT 626-203-9528, DRE #02148908

Nearby Locations

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Lucio Real Estate Group
Lucio Real Estate Group

Broker Associate License ID: 01893011

+1(805) 512-0065

www.LucioRealEstate.com

1000 Town Center Dr #300, Oxnard, CA 93036, USA

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3108 Adelia Ave

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