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3108 Adelia AVE

El Monte, CA, 91733

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$1,080,000

MLS: WS26099243

Beds

1

Baths

2

Sq Ft

1,872

Lot

0.29 ac

Year Built

1950

MLS #

WS26099243

Days on Market

0

Listed

May 9, 2026

Description

This is a highly promising investment property in R3 land. Currently, there are two units with long-term, stable, and high-quality tenants: a convenience store rents for $2835 and a residential unit for $1500. Next to it is approximately 7000 sq ft of land suitable for residential development (2800 sq ft) and an ADU of 800 sq ft. The existing storefront will remain unchanged, while the residential unit can be enlarged. A designer has been commissioned, and initial design drafts are available. It's close to schools and shopping malls. The city also allows daycare services in this area. In Los Angeles' booming rental market, this is a rare and excellent investment opportunity – don't miss it!

Location

El Monte, Los Angeles County, CA 91733

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Listed by: HSIU CHEN · HARVEST REALTY DEVELOPMENT

Payment estimate

$7,980

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $108,000 · Loan: $972,000

%
Principal & Interest
$6,150
Property tax (1.25%)
$1,125
Homeowners insurance
$300
Mortgage insurance
$405
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Today's Rates

As of May 21, 2026

30-year fixed
6.51%
15-year fixed
5.85%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this El Monte home with as little as 3.5% down using an FHA loan — roughly $37,800 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

See El Monte, CA 91733 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.