24
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$1,575,000
Est. payment /mo
0.51 Acres Lot
New
11353 Thienes AVE South El Monte, CA 91733
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Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID PF25130114
HOA Y/N No
Year Built 1952
Lot Size 0.513 Acres
Property Sub-Type Apartment
Property Description
11353 Thienes Avenue in South El Monte is a rare opportunity to acquire six units comprising three meticulously maintained, separate, single-story bungalow-style duplexes on a large 22,341 SF R-3 zoned lot. The asset has been owned and managed by the same family with pride of ownership for nearly 30 years. The asset offers significant upside through its large R-3 zoned lot and potential ADU expansion.
The unit mix consists of six 1bdr/1bathroom units. Although all the units are legal 1bdr/1bathroom units, one of the units is operating as a 2bdr/1bathroom unit. Additionally, there is a “7th Unit”, which is a non-conforming 1bdr/1bathroom unit (Unit 11349.5) that is currently offline. Plans were previously approved by the City to legalize this unit at a rough cost of $80,000, which presents a clear path to potentially creating a seventh income-producing unit. Buyer to verify. The asset offers six one-car garages. Units are individually metered for gas & electricity, which tenants pay for. Landlord pays for water and trash.
The spacious lot, abundant parking, and R-3 zoning offer longer-term redevelopment potential or the opportunity to add more units through the ADU program. This asset has been meticulously cared for and is a pride of ownership property in a high-demand rental market. It is ideal for investors seeking stability with growth potential.
Highlights
• Bungalow-Style Units: Three single-story duplexes totaling 6 units.
• Path to Legalizing “7th Unit”: Includes additional offline, non-conforming 1Bdr/1Bath “7th” unit previously approved by the City for ADU conversion (Buyer to verify).
• Generational Ownership: First time on the market in nearly 30 years.
• R-3 Zoned, Large Lot: Expansive 22,341 SF lot offers potential for future redevelopment or additional ADU potential.
• Ample Parking: Six dedicated one-car garages with additional on-site parking capacity
• Pride of Ownership: Meticulously maintained throughout with strong curb appeal
The unit mix consists of six 1bdr/1bathroom units. Although all the units are legal 1bdr/1bathroom units, one of the units is operating as a 2bdr/1bathroom unit. Additionally, there is a “7th Unit”, which is a non-conforming 1bdr/1bathroom unit (Unit 11349.5) that is currently offline. Plans were previously approved by the City to legalize this unit at a rough cost of $80,000, which presents a clear path to potentially creating a seventh income-producing unit. Buyer to verify. The asset offers six one-car garages. Units are individually metered for gas & electricity, which tenants pay for. Landlord pays for water and trash.
The spacious lot, abundant parking, and R-3 zoning offer longer-term redevelopment potential or the opportunity to add more units through the ADU program. This asset has been meticulously cared for and is a pride of ownership property in a high-demand rental market. It is ideal for investors seeking stability with growth potential.
Highlights
• Bungalow-Style Units: Three single-story duplexes totaling 6 units.
• Path to Legalizing “7th Unit”: Includes additional offline, non-conforming 1Bdr/1Bath “7th” unit previously approved by the City for ADU conversion (Buyer to verify).
• Generational Ownership: First time on the market in nearly 30 years.
• R-3 Zoned, Large Lot: Expansive 22,341 SF lot offers potential for future redevelopment or additional ADU potential.
• Ample Parking: Six dedicated one-car garages with additional on-site parking capacity
• Pride of Ownership: Meticulously maintained throughout with strong curb appeal
Location
State CA
County Los Angeles
Area 657 - So. El Monte
Zoning SEC*
Interior
Fireplace No
Laundry None
Exterior
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Curbs
Total Parking Spaces 6
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 8113012014
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
Listed by Andy Chan • Keller Williams Realty • 6263217410