Welcome to this Charming Duplex perfect for First Time Buyers! This property offers the potential for two families to live in separate homes on the same lot. This oversized lot has 2 separate houses, a huge driveway, and ample parking. Great opportunity to live in the front house while earning income from the back house. The seller already has plans with the City of El Monte for construction of a New 2-unit Multi Family Residence with a proposed square footage of 1115 sq. ft for the front house and 800 sq. ft for the back house. Buyer is responsible for verifying all property information with the city and conducting their own due diligence. The front house is a 2 bed and 1 bath with attached carport and the back unit is a 1 bed and 1 bath. Both homes are tenant occupied. The property has a gross monthly income of $3,200, and as a buyer you will have the opportunity to remodel or build on the land while still keeping some of the rental income. The property is in need of some repairs to bring it back to its full potential and maximize rental income, as it currently rents slightly below the market average. Conveniently located for transportation, one of the safest neighborhoods of El Monte, and so much building potential... Don't miss out on this gem. Contac
3933 Eunice Ave., El Monte, CA 91731
Directions to here from: 155 mi
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Listed by William Bingley with William Bingley, Broker
Based on information from the MLSListings MLS) as of 4/26/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
