Welcome to a prime investment opportunity in the heart of North El Monte, California next to Arcadia ! This exceptional triplex presents a lucrative prospect for both seasoned investors and those looking to live in one unit while enjoying rental income from the other two.
Situated on an expansive lot spanning over 19,000 square feet, this multi-unit property boasts versatility and potential. The front unit is a spacious 3-bedroom haven with the added convenience of an attached garage. The middle unit features 2 bedrooms, providing a comfortable and desirable living space. Lastly, the rear unit offers a cozy 1-bedroom layout, also accompanied by an attached garage.
Beyond the existing charm of these units, the property opens up possibilities for expansion with ample space for additional living areas or the potential to add an Accessory Dwelling Unit (ADU). Imagine the potential for increased value and rental income!
Convenience is key, and this property is surrounded by an array of amenities, including shopping centers, nearby transit services, schools, and parks. Whether you're a commuter, a student, or a family, the location caters to diverse needs.
Parking is never a concern with plenty of dedicated spaces for each unit, ensuring hassle-free living for tenants and an added perk for potential buyers.
Don't miss out on this golden opportunity to invest in a triplex with endless possibilities. Whether you're a savvy investor or someone seeking a strategic and comfortable living arrangement, this property in South El Monte is your gateway to a prosperous real estate venture!
Sold for $1,000,000 on 02/15/24
Listing Provided by:
Carlos Ascencio DRE #01324790 562-254-8677,
Re/Max Top Producers
Bought with: IRN REALTY
$1,000,000
11333 Ranchito St, El Monte, CA 91732
6beds
3baths
2,560sqft
Triplex
Built in 1943
-- sqft lot
$1,116,700 Zestimate®
$391/sqft
$2,849 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: February 16, 2024 at 08:51am
Listing Provided by:
Carlos Ascencio DRE #01324790 562-254-8677,
Re/Max Top Producers
Bought with:
YING WU, DRE #02031243
IRN REALTY
Source: CRMLS,MLS#: PW23208412
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Appliances
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,560
- Total interior livable area: 2,560 sqft
Property
Parking
- Total spaces: 1
- Parking features: Asphalt, Driveway
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
Lot
- Size: 0.44 Acres
- Features: Back Yard, Front Yard, Yard
Details
- Parcel number: 8570025014
- Zoning: EMR1B*
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Condition
- New construction: No
- Year built: 1943
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Sidewalks
Location
- Region: El Monte
Other
Other facts
- Listing terms: Cash to New Loan,Conventional,1031 Exchange,FHA,Submit
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Estimated market value
$1,116,700