11133 Schmidt Road, El Monte CA, 91733

Active

11133 Schmidt Road

El Monte CA, 91733

$1,300,000

$517.52 per sqft

Active

2,512 sqft

Multi-family

Built in 1962

Listed by Tom Safa with Safa Real Estate [email protected]

First time on the market in decades--a reliable, low maintenance rental property in El Monte. For sale are three units including a detached garage on a large 13,177 square foot lot in the heart of a very popular rental market. All three units are currently rented to long term tenants at below market rates. Take advantage of the opportunity to add value with rent increases and making minor renovations. Currently, the garage is not being utilized, allowing for the possibility of converting it into livable space, further increasing cash flow without disrupting the current tenants' parking. Adding an ADU/JADU can add tremendous value. All three units are separately metered and have ample parking space. Tenants are responsible for all utilities. This property is easy to operate and has huge upside potential.

AR25023389

MLSⓇ ID

February 1, 2025

Listed

February 12, 2025

Updated

Interior Features

Total Stories: 1
Laundry Description: Washer Hookup, Electric Dryer Hookup
Fireplace: No
Cooling: No
Heating: No

Exterior/Building Features

Lot Size: 0.3 Acres
Lot Features: Front Yard
Sewer: Unknown

Other Property Details

Area Name: 619 - El Monte
Days on Market: 7
Garage: No
Parking Total: 3
View: No
County: Los Angeles
Water Source: Public
Pool: No
Pool Features: None
Zoning: EMR3*

Listing Contact:

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 2/12/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 2/12/2025 at 7:06 PM UTC