El Monte, CA 91732,11333 Ranchito ST
El Monte, CA 91732,11333 Ranchito ST
El Monte, CA 91732,11333 Ranchito ST
$1,000,000
Est. payment /mo
$1,250,000
20.0%
Est.Price: ?

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0.44 Acres Lot
SOLD DATE : 02/15/2024

Key Details

Sold Price $1,000,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW23208412

Sold Date 02/15/24

HOA Y/N No

Rental Info Month To Month

Year Built 1943

Lot Size 0.437 Acres

Property Description

Welcome to a prime investment opportunity in the heart of North El Monte, California next to Arcadia ! This exceptional triplex presents a lucrative prospect for both seasoned investors and those looking to live in one unit while enjoying rental income from the other two.

Situated on an expansive lot spanning over 19,000 square feet, this multi-unit property boasts versatility and potential. The front unit is a spacious 3-bedroom haven with the added convenience of an attached garage. The middle unit features 2 bedrooms, providing a comfortable and desirable living space. Lastly, the rear unit offers a cozy 1-bedroom layout, also accompanied by an attached garage.

Beyond the existing charm of these units, the property opens up possibilities for expansion with ample space for additional living areas or the potential to add an Accessory Dwelling Unit (ADU). Imagine the potential for increased value and rental income!

Convenience is key, and this property is surrounded by an array of amenities, including shopping centers, nearby transit services, schools, and parks. Whether you're a commuter, a student, or a family, the location caters to diverse needs.

Parking is never a concern with plenty of dedicated spaces for each unit, ensuring hassle-free living for tenants and an added perk for potential buyers.

Don't miss out on this golden opportunity to invest in a triplex with endless possibilities. Whether you're a savvy investor or someone seeking a strategic and comfortable living arrangement, this property in South El Monte is your gateway to a prosperous real estate venture!

Location

State CA

County Los Angeles

Area 619 - El Monte

Zoning EMR1B*

Interior

Fireplace No

Laundry Electric Dryer Hookup, Gas Dryer Hookup

Exterior

Garage Asphalt, Driveway

Garage Spaces 1.0

Garage Description 1.0

Pool None

Community Features Sidewalks

Parking Type Asphalt, Driveway

Total Parking Spaces 1

Private Pool No

Building

Lot Description Back Yard, Front Yard, Yard

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 8570025014

Acceptable Financing Cash to New Loan, Conventional, 1031 Exchange, FHA, Submit

Listing Terms Cash to New Loan, Conventional, 1031 Exchange, FHA, Submit

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Carlos Ascencio • Re/Max Top Producers • 562-254-8677
Bought with YING WU • IRN REALTY

GET MORE INFORMATION

Adrian Castillo

+1(209) 380-7597

Principal/Realtor | CA DRE#01308935

Principal/Realtor CA DRE#01308935

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