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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(s):
Residential Income
| Last Updated | 4/4/2025 | Year Built | 1963 |
|---|---|---|---|
| Community | El Monte | County | Los Angeles |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dryer, Washer |
| AREA | El Monte |
| GARAGE | Covered, Door-Single, Garage, Guest, One Space, Yes |
| HEAT | Wall Furnace |
| LOT | 0.46 acre(s) |
| PARKING | Covered,Door-Single,Garage,Guest,One Space |
| STORIES | 2 |
| ZONING | EMR3* |
Location
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Listed with Maywood Property Group
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