See all 40 photos
$2,450,000
Est. payment /mo
6 Beds
5 Baths
Price Dropped by $249K
3065 Sastre Avenue El Monte, CA 91733
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25108532
Bedrooms 6
Property Sub-Type Res Income 2-4 Units
Property Description
RARE DUAL INVESTMENT OPPORTUNITY TWO DISTINCT PROPERTIES ON ONE LOT! Presenting 3065 & 3069 Sastre Avenue in El Monte, a unique offering featuring a turnkey single-family residence PLUS a fully rented 8-unit multifamily building on one expansive lot. Ideal for owner-users, investors, or 1031 exchange buyers seeking stable cash flow with future upside potential. 3069 Sastre Ave is a beautifully updated and completely renovated 3-bedroom, 2-bath home offering approx. 1,822 SF of living space. No expense was spared! Enjoy a bright open layout featuring NEW HVAC and water heater, new roof, new plumbing, updated electrical system and new stucco exterior. The kitchen features new energy-efficient appliances, beautiful hardwood cabinetry along with granite countertops. The home also has an attached, large laundry room. The gated front and rear yards include mature lemon and grapefruit trees, a newly repaved shared driveway, and an automatic sprinkler system. A detached 4-car garage plus additional carports adds value and flexibility for storage, a workshop, or ADU conversion potential (up to 2 units). Buyer to verify. 3065 Sastre Ave is a stabilized multifamily asset featuring eight 1-bedroom, 1-bath units across approx. 4,300 SF of rentable space. Each unit offers an efficient layout (approx. 450550 SF) that appeals to long-term tenants seeking affordability in a high-demand San Gabriel Valley location. The property sits on a generous 10,900 SF lot and is zoned EMR3, offering potential for future repositioning or redevelopment. Fully leased with low vacancy and reliable income,
Location
State CA
County Los Angeles
Zoning Assessor
Direction Single Family Residential + Income Opportunity with Multi-Family Apartments
Interior
Cooling Central Forced Air, Wall/Window
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 2
Level or Stories 2
Others
Tax ID 8581017019
Virtual Tour https://youtu.be/it9Qhk2EIEg?si=SCQa5gm2-dnz6yVT

Listed by Victoria Waldorf Equity Union