3429 Nevada Ave El Monte, CA 91731
Downtown El Monte NeighborhoodEstimated payment $6,582/month
Highlights
- No HOA
- Laundry Room
- 1-Story Property
About This Home
Investment Opportunity !!! This rare multi-family 3 units situated in a fast -growing neighborhood with convenient access to downtown and southern area. The street is paved and includes sidewalks . The primary residence front unit is a generous 3 bedroom,2 baths home plus other two unit with one bedroom and one bath. There are washer and dryer hook up for each unit. and fenced up with own yard. Current rents are below market , giving the new owner flexibility to adjust rents over time. With low operating expenses , this property presents an excellent opportunity for both investors and owner-users seeking -term value and income growth and much more.
Listing Agent
IRN REALTY Brokerage Email: shirleylam138@gmail.com License #01254472 Listed on: 03/13/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1948
Lot Details
- 6,739 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Home Design
- Triplex
- Entry on the 1st floor
Interior Spaces
- 2,272 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Parking
- Parking Available
- Assigned Parking
Utilities
- Private Water Source
Listing and Financial Details
- Tax Lot 16
- Tax Tract Number 5428
- Assessor Parcel Number 8579010005
- $1,581 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 3 Units
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,764
- Trash Expense $646
- Water Sewer Expense $3,253
- Operating Expense $5,663
- Gross Income $60,240
- Net Operating Income $54,577
Map
Home Values in the Area
Average Home Value in this Area
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 | $9,086 | $601,889 | $453,564 | $148,325 |
| 2024 | $9,086 | $590,088 | $444,671 | $145,417 |
| 2023 | $8,579 | $578,518 | $435,952 | $142,566 |
| 2022 | $8,098 | $567,175 | $427,404 | $139,771 |
| 2021 | $8,406 | $556,055 | $419,024 | $137,031 |
| 2020 | $8,175 | $550,354 | $414,728 | $135,626 |
| 2019 | $8,455 | $539,564 | $406,597 | $132,967 |
| 2018 | $8,192 | $528,985 | $398,625 | $130,360 |
| 2016 | $7,857 | $508,446 | $383,147 | $125,299 |
| 2015 | $7,767 | $500,809 | $377,392 | $123,417 |
| 2014 | $1,260 | $42,149 | $19,975 | $22,174 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/13/2026 03/13/26 | For Sale | $1,090,000 | -- | $480 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Fidelity Sherman Oaks | |
| Grant Deed | $491,000 | Fidelity Sherman Oaks | |
| Interfamily Deed Transfer | -- | Fidelity Sherman Oaks | |
| Interfamily Deed Transfer | -- | Fidelity National Title Comp | |
| Interfamily Deed Transfer | -- | Fidelity National Title Comp | |
| Interfamily Deed Transfer | -- | American Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $294,600 | New Conventional | |
| Previous Owner | $220,000 | New Conventional | |
| Previous Owner | $122,000 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS26053869
APN: 8579-010-005
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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