Price Reduced Listing
3128 Mountain View Road,El Monte, CA 91732
El Monte, CA 91732
Description
Two of three units delivered vacant and recently remodeled on adjacent R3 parcels in El Monte, priced at $1,270,000. Front 2BD/2BA house leased at $3,300 monthly. Rear duplex (two 2BD/1BA units) projected at $2,400 each. Projected GSI $97,200. Vacant delivery on the rear duplex lets the buyer set market rent at closing with no AB 1482 reset risk, no relocation exposure, no displacement cost. A rare open unit play in a submarket where tenant protection rules usually block immediate resets. Combined ±9,139 SF R3 (EMR3YY) lot supports multifamily redevelopment. Cash flow today, land bank tomorrow. Tenants pay electric and gas. Owner covers water, sewer, trash, landscaping, insurance, taxes. Minutes to I-10, I-605, and SR-60. Walking distance to Metro El Monte Station, one of the largest transit hubs west of the Mississippi. Downtown LA sits 13 miles west, Pasadena 10 miles north, Industry and West Covina employment centers inside 15 minutes. San Gabriel Valley fundamentals stay strong: vacancy below LA County average, limited new supply, ongoing public investment via the El Monte Gateway master plan. Assessor reflects two SFRs on two parcels. Property currently operates as three units. Buyer to verify square footage, unit count, permits, and financials.
Details
| MLS # | OC26084351 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1933 |
| Days On Site | 140 |
| Listing Provided By | Rise Realty | Jake Ison |
Features
| SQ Feet | 3,374 |
|---|---|
| Story(s) | 2 |
| Units | 3 |
| Building(s) | 2 |
| Zoning | EMR3YY |
| Acreage | 0.21 |
Exterior
| Lot Features | Zero To One Unit Acre, Two To Five Units Acre, Back Yard, Front Yard |
|---|
Parking
| Garage Yes / No | No |
|---|
Utilities
| Utilities | Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected |
|---|---|
| Sewer | Unknown |
Location
| Community Features | Curbs |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | El Monte |
| Zip Code | 91732 |
| Area | 619 El Monte |
| Listing VS Median (in 91732) | |
Price: $1,270,000 low | high Med: $1,450,000 sqft: 3,374 low | high Med: 3,760 $ / sqft: $376 low | high Med: $391 On site: 140 low | high Med: 63 | |
Market Activity 91732
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | El Monte |
| Zip Code | 91732 |
| Area | 619 El Monte |
| Listing VS Median (in 91732) | |
Price: $1,270,000 low | high Med: $1,450,000 sqft: 3,374 low | high Med: 3,760 $ / sqft: $376 low | high Med: $391 On site: 140 low | high Med: 63 | |
 | $1,750,0002730 Penn MarEl Monte, CA 91732 |