11672 Ranchito St
El Monte — 2 units / 1,812 sf building
Listing Agent: Christian Garcia, Big Block Powerhouse Realty
Units
2
Building Size
1,872 sf
Lot Size
12,600 sf
Status
Active
Listing Agent: HSIU CHEN, HARVEST REALTY DEVELOPMENT
El Monte
About This Property
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!
Unit Mix
Neighborhood
This property is located in El Monte. Want to learn more about the area?
Explore CommunitiesAsking Price
$1,080,000
An agent at The Ave. will respond, not the listing agent.
Listing Agent
HSIU CHEN
HARVEST REALTY DEVELOPMENT
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