El Monte, CA 91733
$1,080,000

Mark Quesada
Broker / Owner
DRE #02101365
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 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!
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$7,971/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
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Interior
Construction
Lot & parking
Utilities
$757,500
Median sale price
55 days
Avg days on market
97.6% of list
Sells for
Closed sales in 91733 over the last 6 months, all home types.
Listed by HSIU CHEN, HARVEST REALTY DEVELOPMENT
MLS# WS26099243 · Active
Actual closed sales from the MLS — not estimates.
History reflects records reported to the MLS and may be incomplete.