Triplex - El Monte, CA

Exceptional triplex investment opportunity on a large 23,757 sq ft lot with a well-designed site plan and stable rental income. This property features three detached units, each with its own washer & Dryerr, private yard and individual garage—a rare setup that offers added privacy and strong tenant appeal.

The property currently produces stable income, making it an attractive option for both investors and owner-occupants seeking long-term rental stability. All units are occupied on MTM leases, providing flexibility for future rent adjustments or potential owner occupancy.

The current owner previously invested approximately $90,000 to obtain approved development permits for additional the 4th unit with 1711 sq fts, and an ADU with 563 sq fts. Although the permits expired in July of last year, the plans and reports are available and may provide a valuable starting point for future developmen...