3007 Sastre AveEl Monte, CA 91733

This exceptional investment opportunity presents a 3,576 sq ft mixed-use property situated on a large 12,115 sq ft corner lot in El Monte, CA (91733), at 3007 Sastre Ave. The property boasts a 3-bedroom, 1-bathroom home (built in 1935), two concrete block repair bays, and a smog station, all currently leased on short-term month-to-month agreements, generating consistent income. The rear portion of the property is less than twenty years old. This location offers significant advantages, including a high traffic count exceeding 40,000 vehicles daily, excellent walkability and transit scores with nearby amenities, and easy freeway access. The property benefits from multi-use zoning, adaptable to various uses, and importantly, includes one of the last grandfathered conditional use permits for automotive use in El Monte, eliminating the need for a new CUP. The property features exposed egress and ingress with multiple access points, enhancing its operational flexibility. Located in a revitalizing area of Garvey Avenue, this presents a strong long-term investment prospect with a 6.00% cap rate and an asking price of $1,999,000. All information is deemed reliable but not guaranteed.