Homes for sale - 11353 Thienes AVE, South El Monte, CA 91733

Additional details

JLee Broker

JLeeRealty

[email protected] +1(650) 857-1000

Listed by Andy Chan • Keller Williams Realty

$1,575,000

Est. payment - /mo

0.51 Acres Lot

Save

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRPF25130114

Year Built 1952

Lot Size 0.513 Acres

Source California Regional MLS

Property Description

11353 Thienes Avenue in South El Monte is a rare opportunity to acquire six units comprising three meticulously maintained, separate, single-story bungalow-style duplexes on a large 22,341 SF R-3 zoned lot. The asset has been owned and managed by the same family with pride of ownership for nearly 30 years. The asset offers significant upside through its large R-3 zoned lot and potential ADU expansion. The unit mix consists of six 1bdr/1bathroom units. Although all the units are legal 1bdr/1bathroom units, one of the units is operating as a 2bdr/1bathroom unit. Additionally, there is a "7th Unit", which is a non-conforming 1bdr/1bathroom unit (Unit 11349.5) that is currently offline. Plans were previously approved by the City to legalize this unit at a rough cost of $80,000, which presents a clear path to potentially creating a seventh income-producing unit. Buyer to verify. The asset offers six one-car garages. Units are individually metered for gas & electricity, which tenants pay for. Landlord pays for water and trash. The spacious lot, abundant parking, and R-3 zoning offer longer-term redevelopment potential or the opportunity to add more units through the ADU program. This asset has been meticulously cared for and is a pride of ownership property in a high-demand rental ma

Location

State CA

County Los Angeles

Area 657 - So. El Monte

Interior

Laundry None

Exterior

Garage Spaces 6.0

Pool None

Building

Water District - Public

Others

Tax ID 8113012014

Special Listing Condition Not Applicable

Read Less Info

Get More Information

JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

Quick Search

11353 Thienes AVE South El Monte, CA 91733

JLee Broker

Key Details

Location

Interior

Exterior

Building

Others

Get More Information