Description
Investment gem in prime el monte. unlock exceptional potential with this diamond in the rough—a rare opportunity to acquire a 4-unit income property situated on a corner lot in the heart of el monte. this multifamily complex has long-term tenants, many of whom have called it home for decades—offering stable cash flow and massive upside for value-driven investors. each unit features spacious 2-bedroom layouts with open-concept floor plans, individual utility meters, shared on-site laundry facility (a value-add income stream), an enclosed front yard, a central courtyard, 4 dedicated rear parking spaces, and ample street parking. with no local rent control in el monte and favorable ab1482 guidelines (annual increases of up to 10% or 5% + cpi), investors have the flexibility to strategically raise rents, enhance unit interiors, or add modern amenities to significantly increase returns. plus, take advantage of generous tax strategies, including cost segregation, to optimize long-term profitability.
located near durfee ave and rush st, this property is steps from shopping and dining such as cvs, marshalls, panda express, starbucks, and superior grocers—plus just minutes from el monte community hospital.
surrounded by temple city, arcadia, san gabriel, and rosemead, and only 15 miles from downtown la and 29 miles to ontario airport, with seamless access to i-10, i-60, i-605, and the el monte metrolink station—making this a commuter’s dream and a smart addition to any real estate portfolio.
whether you’re a seasoned investor or just entering the multifamily space, this is the kind of asset that builds long-term wealth. don’t miss your chance to transform this rare multi-unit into a cash-flow powerhouse!
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
49454884
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Interior Features: Bedroom on Main Level
- Property Appliances: Disposal,Water Heater
- Fireplace: None
Cooling Features
- None
- Air Conditioning
Heating Source
- Wall Furnace
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1958
- Building Area Total: 3,352
Pool Features
- None
Laundry Features
- Common Area,Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup,Laundry Room
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1467
- Lot Size Source: Assessor
- Lot Size Square Feet: 6389
-
Listing Information
Listing Price Information
- Original List Price: 1,100,000
- Listing Contract Date: 2025-04-18
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 8105019036
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Assigned,Carport
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Electricity,Gas
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 619 - El Monte
- Postal Code Plus 4: 2844
- Directions: Haber St/ Bonwood Rd
- Zoning: EMR3*
- Source Property Type: Residential Income
- Area: 619 - El Monte
- Property SubType: Quadruplex
Building and Construction
- Property Age: 67
- Common Walls: 2+ Common Walls
- Structure Type: Quadruplex
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: Main and second floor
- Property Attached: Yes
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 04/27/2025 @ 03:21
- MLS: PW25087479
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 8 bedrooms which is for sale, it has 3,352 sqft, 6,389 sized lot, and 0 parking. are nearby neighborhoods.