3841 Peck Rd El Monte, CA 91732
Norwood Cherrylee NeighborhoodEstimated payment $22,479/month
About This Home
Rare opportunity to acquire a 20-unit multifamily investment property offered at $3,600,000. The property is currently 100% occupied and consists of 18 studio units and 2 one-bedroom/one-bath units. Strong in-place cash flow with upside potential through gradual rent repositioning. The building features a two-story layout with ample on-site surface parking and is located along a high-visibility commercial corridor with convenient access to major freeways, retail centers, and employment hubs. Ideal for 1031 exchange buyers or investors seeking a stabilized workforce housing asset with long-term appreciation potential. Do not disturb tenants. Drive-by only.
Listing Agent
RE/MAX Galaxy Brokerage Phone: 909-223-2297 License #01946544 Listed on: 03/02/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1940
Lot Details
- 16,496 Sq Ft Lot
- Two or More Common Walls
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 10,240 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 2 Bedrooms
- 20 Bathrooms
Location
- Suburban Location
Listing and Financial Details
- Tax Lot 2
- Tax Tract Number 11203
- Assessor Parcel Number 8568020003
- $5,990 per year additional tax assessments
Community Details
Overview
- 20 Units
Building Details
- Electric Expense $23,547
- Insurance Expense $3,705
- Maintenance Expense $21,560
- Other Expense $3,594
- Trash Expense $5,600
- Water Sewer Expense $9,850
- New Taxes Expense $52,500
- Operating Expense $120,850
- Gross Income $278,160
- Net Operating Income $157,310
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $36,859 | $2,249,210 | $1,302,174 | $947,036 |
| 2024 | $33,984 | $2,205,109 | $1,276,642 | $928,467 |
| 2023 | $33,347 | $2,161,872 | $1,251,610 | $910,262 |
| 2022 | $32,180 | $2,119,483 | $1,227,069 | $892,414 |
| 2021 | $32,532 | $2,077,925 | $1,203,009 | $874,916 |
| 2019 | $33,128 | $2,034,394 | $1,167,328 | $867,066 |
| 2018 | $32,520 | $1,994,860 | $1,144,440 | $850,420 |
| 2016 | $31,169 | $1,900,000 | $1,100,000 | $800,000 |
| 2015 | $30,944 | $1,880,987 | $1,313,055 | $567,932 |
| 2014 | $29,868 | $1,844,142 | $1,287,335 | $556,807 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/13/2026 04/13/26 | Price Changed | $3,600,000 | -2.7% | $352 / Sq Ft | |
| 03/02/2026 03/02/26 | For Sale | $3,700,000 | +94.7% | $361 / Sq Ft | |
| 07/16/2015 07/16/15 | Sold | $1,900,000 | -7.3% | $186 / Sq Ft | View Prior Sale |
| 05/08/2015 05/08/15 | Pending | -- | -- | -- | |
| 01/08/2015 01/08/15 | For Sale | $2,050,000 | -- | $200 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: TR26045458
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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