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For Sale

$3,300,000

11323 11327 Schmidt Road
El Monte, CA 91733

Sqft 6,467 sqft
HOT BUY!!! Amazing 9-unit investment property located in the popular neighborhood of El Monte. Convenient location and easy access to shopping, restaurants, schools. The property had a legal Eight 2 bedrooms + 1 office (can be used as bedroom) / 1 bath units with 2 parking spaces each and One 1 bedroom / 1 bath unit with one parking space. The property was completely remodeled from ground up. Features for all these 9 units remodel was done around mid-April 2019 include a new electrical panel, new wiring inside, new copper pipe, new sewer line, new gas line, all new double pane windows, recessed lights in living room, wall air condition in each room and living room, new kitchen cabinet with granite top, new bathroom with shower, new wall furnace, and new tile throughout the unit. Approx. 70% of the roof are new. Each unit has small area in the back with a laundry hookup outside. New concrete slab was paved on the entire driveway. Great location with low maintenance and low expenses. HURRY! THIS PROPERTY WON'T LAST LONG IN THE MARKET. Read More

Market Status
Available
Last Updated
May 14, 2021

Property Type
Multi Family
Year Built
1959
Roof
Composition Roof, Shingle Roof
Parking
Assigned Parking
Interior Construction
Bedroom(s) Downstairs
MLS Area
619 - El Monte
Fence
Chain Link Fence, Vinyl Fence

Local Market Conditions

There are currently 24 properties for sale in the El Monte, CA area with the average listing price of $735,831. This represents a decrease of -0.1% over the previous week. The 1 bedroom homes saw the largest decrease in the average listing price over the previous week with a -20.5% decrease. To learn more about the El Monte, CA area, contact a local expert!

Market Snapshot for El Monte, CA

Avg. Listing Price

$735,831

Wk ending May 15

$-989

-0.1%

w-o-w

24

53

22

13

12

10

Average Listing Price for El Monte, CA
No. BedroomsNo. Beds Week Ending
(May 15)
w-o-w Week Ending
(May 8)
Week Ending
(May 1)
Week Ending
(Apr 24)
All PropertiesAll $735,831 -0.1% $736,820 $794,513 $783,956
1 bedroom1 BR $449,000 -20.5% $564,500 $680,000 $680,000
2 bedrooms2 BR $661,750 +3.8% $637,400 $647,000 $647,000
3 bedrooms3 BR $620,381 -1.1% $627,114 $608,257 $617,488
4 bedrooms4 BR $648,963 -2.0% $661,944 $647,000 $645,667

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This $3,300,000 Multi Family at 11323 11327 Schmidt Road in El Monte, CA is presented by Peter Wu and has been on the market for 31 days. This $3,300,000 Multi Family, located in the 91733 zip code, has the following property features: Interior Construction, Fence, Roof, Parking. This 11323 11327 Schmidt Road Multi Family, located in Los Angeles County , is listed under MLS listing number AR21076359 and has a listing price of $3,300,000. You can find more El Monte homes for sale here.

Data Provided by California Regional Multiple Listing Service

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. (CRMLS) and is protected by all applicable Copyright 2021 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Information deemed reliable but not guaranteed.

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