South El Monte, CA 91733,2403 Lee Avenue
$1,150,000
$1,100,000
4.5%
Est.Price: ?

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4,390 SqFt

2403 Lee Avenue South El Monte, CA 91733

Est. payment /mo
SOLD DATE : 07/11/2025

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Mike & Jules Guzzardo Team With Jenny Biczkow

Mike & Jules Guzzardo Team With Jenny Biczkow

+1(925) 864-5757

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $1,150,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 4,390 sqft

Price per Sqft $261

MLS Listing ID CRCV25128591

Year Built 1962

Lot Size 10,336 Sqft

Property Sub-Type Other

Property Description

PRICED TO SELL! We are pleased to exclusively offer for sale this 5-unit multi-family property located in the city of South El Monte, a prime rental community in the San Gabriel Valley. The subject property offers an exceptional "value-add" opportunity with an unbeatable price per unit and price per square foot. Spanning 4,390 rentable square feet on a 10,336 square foot lot, the property features two single-story Cottages and a two-story Triplex with a versatile unit mix. This includes one 3-Bedroom/2-Bath cottage (originally permitted as a commercial space and later converted to residential use), one 2-Bedroom/1-Bath cottage, three 2-Bedroom/1-Bath units (Triplex), and a non-conforming 2-Bedroom/1-bath unit currently utilizing the onsite garage space. Each unit is separately metered for electricity and gas, providing operational efficiency and reducing owner expenses. With significant upside in rental income, this property is well-suited for investors looking to reposition the asset and capitalize on market rents. The property is priced to sell and must be purchased in “as-is” condition. Buyers are advised to independently verify the legal square footage and bedroom/bathroom count. With strong fundamentals, substantial upside opportunity, and high potential cash returns, th

Location

State CA

County Los Angeles

Zoning SEM*

Interior

Cooling Wall/Window Unit(s)

Laundry No Hookups

Exterior

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View None

Building

New Construction No

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Bridge MLS
Listed by Kristopher German • RE/MAX 2000 REALTY
Bought with JamesDuong

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Mike & Jules Guzzardo Team With Jenny Biczkow

Realtor | r01066846,01955798,02086289

+1(925) 864-5757

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