2403 Lee Avenue

South El Monte, CA 91733

  • 0 Bed(s)
  • 0 Bath(s)
  • 4,390 Sqft
  • 10336
    Sqft(Lot)
$1,100,000

Description

Priced to sell! we are pleased to exclusively offer for sale this 5-unit multi-family property located in the city of south el monte, a prime rental community in the san gabriel valley. the subject property offers an exceptional "value-add" opportunity with an unbeatable price per unit and price per square foot. spanning 4,390 rentable square feet on a 10,336 square foot lot, the property features two single-story cottages and a two-story triplex with a versatile unit mix. this includes one 3-bedroom/2-bath cottage (originally permitted as a commercial space and later converted to residential use), one 2-bedroom/1-bath cottage, three 2-bedroom/1-bath units (triplex), and a non-conforming 2-bedroom/1-bath unit currently utilizing the onsite garage space.

each unit is separately metered for electricity and gas, providing operational efficiency and reducing owner expenses. with significant upside in rental income, this property is well-suited for investors looking to reposition the asset and capitalize on market rents.



the property is priced to sell and must be purchased in “as-is” condition. buyers are advised to independently verify the legal square footage and bedroom/bathroom count. with strong fundamentals, substantial upside opportunity, and high potential cash returns, this offering is a rare find in a high-demand rental submarket.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    50127888

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Roof : Shingle
    • Fireplace: None

    Cooling Features

    • Wall/Window Unit(s)
    • Air Conditioning

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1962
    • Building Area Total: 4,390
    • Roof: Shingle

    Accessibility Features

    • Parking

    Pool Features

    • None

    Laundry Features

    • None

    Fencing

    • Brick,Chain Link

  • Lot Details

    • Lot Dimensions Source: Assessor
    • Lot Size Acres: 0.2373
    • Lot Size Dimensions: 003
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 10336

  • Listing Price Information

    • Original List Price: 1,100,000
    • Listing Contract Date: 2025-06-09

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 5281013003

  • Garage and Parking

    • Garage Description: Carport,Driveway,Garage

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 657 - So. El Monte
    • Postal Code Plus 4: 1407
    • Directions: North of Rush St. Just West of Rosemead Blvd
    • Zoning: SEM*
    • Source Property Type: Residential Income
    • Area: 657 - So. El Monte
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 63
    • Common Walls: 2+ Common Walls
    • Structure Type: Apartment
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: 1
    • Property Attached: Yes
    • Levels or Stories: One,Two
    • Building Total Stories: 1
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BuyOwner last updated this listing 06/21/2025 @ 17:46

  • MLS: CV25128591
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 4,390 sqft, 10,336 sized lot, and 1 parking. are nearby neighborhoods.