11414 Lambert Ave El Monte, CA 91732$1,088,000 - For Sale
Great North El Monte Location with 3 individual homes on one parcel. Lot extends from Lambert to Frankmont Street. Each home has an individual address. Two homes face Lambert, 11414 and 11420 Lambert. One home faces Frankmont - 11381 Frankmont. Tremendous opportunity for new development or for rental income. The home facing Frankmont was completely rebuilt and expanded in 2002. It features 2 bedrooms and 2 baths. It is renovated with all modern amenities. The homes facing Lambert are each 2 bedrooms and one bath. Buyer is to satisfy themselves with all City Requirements for redevelopment and all current permits on the property. Tenants are on a month to month rental and have been long term residents. Rental income has potential to be increased to current market rental value. Property is sold in its present "AS IS" condition with no repairs made by seller. This property is located within close proximity to public transportation, schools and shopping. It is also surrounded by newer development. This is the opportunity you've been waiting for! Make it a reality!