A solid opportunity to acquire a fully occupied 4 unit property in a strong rental market of in the city of El Monte with NO local rent control. This two story apartment consists of (2) 2 bedroom and (2) 1 bedroom units offering a good unit mix for the area. Plus there’s tons of yard space, a laundry and storage room in the rear, and a wide carport structure for dedicated parking for each unit. The entire property sits on a 6,741sf sized lot with R3 zoning, offering tons of potential for an ADU conversion, create additional parking, and maximize rents in the future. Good Location in El Monte North of the 10 fwy, near San Gabriel Valley Airport, Rosemead, local shops & restaurants. ACTUAL 5.2% CAP RATE 13.3 GRM!
| MLS # | OC26162752 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1958 |
| Days On Site | 44 |
| Listing Provided By | Nohco Real Estate | Brian Noh |
| SQ Feet | 2,982 |
|---|---|
| Car Port | Yes |
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 1 |
| Acreage | 0.15 |
| Property View | None |
| Cooling | None |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Interior Features | Ceiling Fans |
| Appliances | Gas Range, Range Hood, Water Heater |
| Fireplace Yes / No | No |
| Roof | Composition, Shingle |
|---|---|
| Security Features | Carbon Monoxide Detectors, Smoke Detectors |
| Construction Materials | Stucco, Vertical Siding |
| Lot Features | Two To Five Units Acre, Back Yard, Front Yard, Lawn, Landscaped, Sprinkler System |
| Fencing | Block, Wrought Iron |
| Parking Features | Concrete, Carport, Driveway |
|---|---|
| Garage Yes / No | No |
| Utilities | Cable Available, Electricity Not Available, Natural Gas Available, Phone Available, Sewer Available, Water Available |
|---|---|
| Sewer | Public Sewer |
| Community Features | Curbs, Street Lights |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | El Monte |
| Zip Code | 91731 |
| Area | 619 El Monte |
| Listing VS Median (in 91731) | |
Price: $1,150,000 low | high Med: $1,014,500 sqft: 2,982 low | high Med: 2,165 $ / sqft: $386 low | high Med: $499 On site: 44 low | high Med: 134 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | El Monte |
| Zip Code | 91731 |
| Area | 619 El Monte |
| Listing VS Median (in 91731) | |
Price: $1,150,000 low | high Med: $1,014,500 sqft: 2,982 low | high Med: 2,165 $ / sqft: $386 low | high Med: $499 On site: 44 low | high Med: 134 | |
![]() | $1,599,9983335 California AvenueEl Monte, CA 91731 |
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