South El Monte, CA 91733,11353 Thienes Avenue
Listed by Andy Chan • Keller Williams Realty
Bought with Sophie Cheang • Re/Max Top Producers

$1,500,000

Est. payment /mo
Est.Price: ?

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11353 Thienes Avenue South El Monte, CA 91733

3,566 SqFt

SOLD DATE : 07/28/2025

Key Details

Sold Price $1,500,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 3,566 sqft

Price per Sqft $420

MLS Listing ID CRPF25130114

Year Built 1952

Lot Size 0.513 Acres

Property Sub-Type Other

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

Location

State CA

County Los Angeles

Interior

Laundry No Hookups

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Bay East AOR and Contra Costa AOR
agent

Garrick Yan

Team Leader | CA BRE #01916102

+1(510) 999-8008

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