11353 Thienes Avenue
South El Monte, CA 91733

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