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$ 3,600,000
Est. payment | /mo
2 Beds
1 Bath
910 SqFt
$ 3,600,000
Est. payment | /mo
2 Beds
1 Bath
910 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 910 sqft
Price per Sqft $3,956
MLS Listing ID 25521027
Bedrooms 2
HOA Y/N No
Year Built 1939
Lot Size 7,531 Sqft
Property Description
Maywood Property Group is pleased to present a rare and highly desirable investment opportunity in the heart of El Monte. This exceptional multi-family asset consists of (17) two-bedroom / one-bathroom units and (1) three-bedroom unit, strategically spread across four-contiguous parcels spanning nearly one acre of landa prime setup for maximum ADU development potential.Positioned on a quiet cul-de-sac, the property offers over 40 surface parking spaces, enhancing convenience for tenants. Additionally, it benefits from a strategic location north of the 10 Freeway, providing seamless access to major transit routes. Within 0.3 miles, residents enjoy proximity to leading retailers, restaurants, and lifestyle amenities, including Target, Walgreens, Dennys, Big 5, Wendy's, Planet Fitness, and more.With no local rent control and over 30% rental upside, this asset presents significant value-add potential. Additional revenue opportunities include RUBS income and the ability to further optimize cash flow through strategic ADU expansion.This is an outstanding opportunity to acquire a well-located, high-demand multifamily asset with immediate and long-term value appreciation potential.
Location
State CA
County Los Angeles
Area 619 - El Monte
Zoning EMR3*
Interior
Heating Wall Furnace
Fireplace No
Exterior
Parking Features One Space
Total Parking Spaces 40
Building
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 8567009030
Special Listing Condition Standard
Listed by Nicholas Hayner • Maywood Property Group
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Jeff Lemen
REALTOR® | Lic# 01314776