2921 Allgeyer Avenue

El Monte, CA 91732

  • 0 Bed(s)
  • 0 Bath(s)
  • 12,656 Sqft
  • 33783
    Sqft(Lot)
$4,700,000

Description

We are pleased to present the greenwood apartments, an 18-unit apartment community in el monte, ca. this property features an ideal unit mix of large 1 and 2-bedroom units, gated entry, carport parking, individual gas and electric meters, as well as individual water heaters. the building has undergone several upgrades such as a new roof (2025), new electrical panels, new paint, and new windows. interiors have been tastefully renovated with granite countertops, laminate wood flooring, upgraded bathrooms, and stainless-steel appliances. this multigenerational asset has been meticulously maintained and professionally managed throughout ownership and is on the market for the first time in 50 years. the property generates a current cap rate of 4.5%, 6.1% with market rents, offering an investor roughly 22% upside in rental income. furthermore, the property sits on an oversized lot in el monte’s qualified opportunity zone which presents substantial development and adu potential as well as potential tax benefits.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    50420841

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

  • Building Information

    • Year Built: 1959
    • Building Area Total: 12,656

    Pool Features

    • None

    Laundry Features

    • Common Area

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.7756
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 33783

  • Listing Price Information

    • Original List Price: 4,700,000
    • Listing Contract Date: 2025-07-14

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 8106003026

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 619 - El Monte
    • Directions: Driving East On Garvey Ave., Turn Right Onto Valley Blvd., Turn Right Onto Allgeyer Ave., Property Will Be on Your Right
    • Zoning: EMR3YY
    • Source Property Type: Residential Income
    • Area: 619 - El Monte
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 66
    • Common Walls: 2+ Common Walls
    • Structure Type: Apartment
    • Year Built Source: Public Records
    • Entry Level: 1
    • Entry Location: /
    • Property Attached: Yes
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BuyOwner last updated this listing 07/25/2025 @ 17:55

  • MLS: PW25157841
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 12,656 sqft, 33,783 sized lot, and 0 parking. are nearby neighborhoods.