$1,200,000

Estimated payment $7,539/month

Total Views 67
10 Beds
5 Baths
4,304 Sq Ft
$279 Price per Sq Ft

Highlights

  • City Lights View
  • Wrought Iron Fence
  • Wall Furnace

About This Home

Location, Location, Location! Investment Opportunity in El Monte. This fully operated property features five units, each consisting of two bedrooms and one bathroom. The building is equipped with five separate electric and gas meters and one common water meter. Additional features include a wrap-around side yard and six carport spaces. Notably, the property is not subject to rent control, providing significant flexibility to strategically adjust rents, enhance interiors, or add modern amenities to maximize your return on investment. The property has been well-maintained with a recently painted exterior. While it is currently occupied by reliable, long-term tenants, one unit is intentionally vacant and has been fully remodeled. Furthermore, there is excellent potential to construct an Accessory Dwelling Unit (ADU) above the carport to generate additional rental income.

Listing Agent

John Tran

NextGen Team Realty License #01359195 Listed on: 04/14/2026

Co-Listing Agent

Jonathan Tran

NextGen Team Realty License #02370675

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 6,569 Sq Ft Lot
  • Two or More Common Walls
  • Wrought Iron Fence
  • Density is up to 1 Unit/Acre

Home Design

  • Apartment
  • Entry on the 1st floor
  • Shingle Roof
  • Stucco

Interior Spaces

  • 4,304 Sq Ft Home
  • 2-Story Property
  • City Lights Views

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Parking

  • 5 Parking Spaces
  • 5 Carport Spaces

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 23323
  • Assessor Parcel Number 8105019018
  • $4,098 per year additional tax assessments

Community Details

Overview

  • 5 Units

Building Details

  • 5 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,440
  • Insurance Expense $5,300
  • Trash Expense $2,200
  • Water Sewer Expense $5,400
  • Operating Expense $14,340
  • Net Operating Income $81,660

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

6,569 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 5400.00
  • Zoning: EMR3*
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1440.00
  • Parcel Number: 8105019018
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 278.81

Exterior Features

  • View: City Lights
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Phone Connected, Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 2200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, 0-1 Unit/Acre
  • Lot Size Sq Ft: 6569.00
  • Lot Size Acres: 0.1508

Multi Family

  • Gross Scheduled Income: 96000.00
  • Insurance Expense: 5300.00
  • Lot Size Area: 6569.0000 Square Feet
  • Net Operating Income: 81660.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 14340.00
  • Rent Control: No
  • Total Actual Rent: 6000.00
  • Total Expenses: 14340.00

Tax Info

  • Tax Census Tract: 4339.03
  • Tax Lot: 1
  • Tax Tract Number: 23323
  • TaxOtherAnnualAssessmentAmount: 4098.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,596 $709,939 $296,882 $413,057
2024 $13,596 $696,019 $291,061 $404,958
2023 $13,041 $682,372 $285,354 $397,018
2022 $12,832 $668,993 $279,759 $389,234
2021 $12,523 $655,876 $274,274 $381,602
2019 $12,145 $637,925 $266,140 $371,785
2018 $11,617 $625,447 $260,922 $364,525
2016 $10,693 $599,720 $250,791 $348,929
2015 $10,558 $590,712 $247,024 $343,688
2014 $10,353 $579,142 $242,186 $336,956
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2026 04/14/26 For Sale $1,200,000 -- $279 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC26077340

California Regional Multiple Listing Service (CRMLS)
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