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3108 Adelia Ave, El Monte, CA 91733

$1.08M0ba · 1,872 sqft
Lot 12,600 sqft•Duplex•
Active
•157d on market•MLS# WS-26100116

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!

Features & Amenities

FeeBuilt 1950

Property Details

Land Type
Fee
Year Built
1950
Property Type
Residential Income
Property Subtype
Duplex
Parking Spaces
0
Garage Spaces
0
City
El Monte
Zip Code
91733
County
Los Angeles
Listed byHARVEST REALTY DEVELOPMENT, HSIU CHEN

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$5,461.07
Principal & Interest
Loan Amount
$864,000
Total Interest
$1,101,984
Total Payment Over 30 Years
$1,965,984
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

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