11414 Lambert Avenue

    El Monte, CA 91732
    • $1,350,000
    • STATUS: Active
    • ON SITE: 49 days
    • ID#: AR20005039
    UPDATED: 183 min ago
    $1,350,000
    • 0
      BEDS
    • 0.67
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,868
      SQFT
    • $471
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2002
    County:

    School Ratings & Info

    Description

    HUGE LOT of 29,393 sqft, three (3) large Homes with individual addresses. Located in the highly sought-after neighbor of North El Monte, minutes away from Arcadia, Temple City and Rosemead city. This enormous lot extends from Lambert Ave to Frankmont Street. 11414 and 11420 Lambert Ave., and 11381 Frankmont Street. Tremendous opportunity for new development or for rental income. The home facing Frankmont was completely rebuilt and expanded in 2002. This home features 2B/2bth, with renovated modern amenities. The homes facing Lambert are each 2Bed/1bth. Tenant pays for all utilities, pest and gardener. This is a great investment opportunity with minimal maintenance. Rental income has potential to be increased to current market rental value. This property is surrounded by newer development, a lot of potential for growth and expand. City compliance completed. Certificate of Occupancy from City of Los Angeles shows the home is 1,360 sqft.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-27T00:28:24.423. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Steele Canyon Realty. Licensed in the State of California, USA.

    www.steelecanyonrealty.com/homes/102140353

    11414 Lambert Avenue El Monte, CA 91732

    • Price: $1,350,000
    • Status: Active
    • Updated: 183 min ago
    • ID#: AR20005039
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.67
    Acres
    2,868
    SQFT
    $471
    $/SQFT
    2002
    Built
    Neighborhood:
    619 - El Monte
    County:
    Los Angeles
    Area:
    619 - El Monte
    Property Description
    HUGE LOT of 29,393 sqft, three (3) large Homes with individual addresses. Located in the highly sought-after neighbor of North El Monte, minutes away from Arcadia, Temple City and Rosemead city. This enormous lot extends from Lambert Ave to Frankmont Street. 11414 and 11420 Lambert Ave., and 11381 Frankmont Street. Tremendous opportunity for new development or for rental income. The home facing Frankmont was completely rebuilt and expanded in 2002. This home features 2B/2bth, with renovated modern amenities. The homes facing Lambert are each 2Bed/1bth. Tenant pays for all utilities, pest and gardener. This is a great investment opportunity with minimal maintenance. Rental income has potential to be increased to current market rental value. This property is surrounded by newer development, a lot of potential for growth and expand. City compliance completed. Certificate of Occupancy from City of Los Angeles shows the home is 1,360 sqft.
    Exterior Features

    Garage Spaces 3.00 Lot Features 2-5 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Features Garage Parking Total 3.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features Gas Dryer Hookup

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features CurbsGutters Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 0.00 Gross Scheduled Income 56640.00 Insurance Expense 0.00 Land Lease YN No Laundry YN Yes Net Operating Income 56640.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 3 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 3 Operating Expense 0.00 Property Sub Type Triplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGasWater Total Expenses 0.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Assessor Zoning Emr1b*

    Listing provided courtesy of Danny Hy of Coldwell Banker George Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-27T00:28:24.423. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Steele Canyon Realty. Licensed in the State of California, USA.

     
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