This incredible El Monte stand-alone house and duplex offers a fantastic opportunity to own a 3-unit investment property in a prime location. Whether you are strictly looking for an income property or want to live in one unit and rent the other two, you have come to the right place. The front duplex consists of side-by-side 2 bed, 1 bath units that are approx. 655 sqft each. The back stand-alone house is a 1,344 sqft 2 bed, 1 bath with 2 bonus rooms. The back unit has a private driveway with gate and extra-large detached garage. Each unit has its own off-street parking, outdoor space and washer hookups. All units are currently tenant occupied and on Month-to-Month agreements. Located within
The 25,285 square foot buildings house 28 units, of which 26 contain two bedrooms. Because El Monte is not subject to more restrictive local rent control laws, an owner can benefit from higher allowable annual rent increases under California AB 1482. The spacious lot totals more than one acre in size, offering a new owner the potential opportunity to add ADUs for a substantial increase in income (Buyer to verify). Located near the intersection of Ramona Boulevard and Peck Road, the property offers tenants access to several nearby shopping and dining destinations, including The Shops at Santa Anita, The Shops at Montebello, and Plaza West Covina. The neighboring San Gabriel Valley cities of