23
11133 Schmidt Road
$1,199,000 Sale
Listed 198 days ago
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Key Facts
Key facts for 11133 Schmidt Road
Property Type
Apartment
Parking
0 garage, 3 parking
MLS #
AR25023389
Size
-
Basement
-
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
1962
Maintenance Fee
$ 0/mo
Description
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 on a month-to-month basis to long ter...m tenants at below market rates. Take advantage of the opportunity to add value with rent increases and 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., Directions:South of Garvey between Tyler and Peck
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Listing courtesy of: Safa Real Estate