Description
This rare 14-unit multifamily investment is packed with potential, offering all two- bedroom / one-bath units, an ideal mix given the property's proximity to multiple schools, making it especially attractive to renters. located in the growing submarket of el monte, where average rents continue to rise despite broader market softening, this asset presents a compelling value-add opportunity.each unit features in-unit washer and dryer hookups and individual water heaters, a rarity for a property of this vintage. with no local rent control, investors have a clear path to unlocking over 33% rental upsidebefore even factoring in additional revenue from rubs and potential adu additions.the property also offers ample parking with 12 covered spaces, 6 single-car garages, and 10 striped surface spots, adding to its tenant appeal. with strong rental growth trends and significant upside potential, this is a prime investment opportunity in one of the san gabriel valley's most promising submarkets.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
49237015
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 28
Bathroom Information
- Total Baths: 14
- Full Baths: 0
- Half Baths: 0
Interior Features
- Property Appliances: Dryer,Washer
Cooling Features
- Wall/Window Unit(s)
- Air Conditioning
Heating Source
- Wall Furnace
- Has Heating
-
Exterior Features
Building Information
- Year Built: 1963
- Building Area Total: 11,234
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.4609
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 20078
-
Listing Information
Listing Price Information
- Original List Price: 3,100,000
- Listing Contract Date: 2025-04-01
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 8581015022
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Covered,Door-Single,Garage,Guest,One Space
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 619 - El Monte
- Postal Code Plus 4: 1249
- Directions: LOT:16 TR#:10758 TRACT # 10758 LOT 16
- Zoning: EMR3*
- Source Property Type: Residential Income
- Area: 619 - El Monte
Building and Construction
- Property Age: 62
- Year Built Source: Vendor Enhanced
- Total Square Feet Living: 11234
- Levels or Stories: Multi/Split
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BuyOwner last updated this listing 04/27/2025 @ 09:56
- MLS: 25521025
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 28 bedrooms which is for sale, it has 11,234 sqft, 20,078 sized lot, and 0 parking. are nearby neighborhoods.