Description
Investment Opportunity - Value-Add Fourplex with Future Upside Potential Rare opportunity to acquire a charming four-unit income property featuring four detached cottage-style residences situated on a cozy, park-like lot. The unique layout provides tenants with a greater sense of privacy and independence than traditional apartment living, while enjoying mature trees, abundant green space, and ample on-site parking. This value-add property offers investors the potential to increase rental income through unit improvements and may present opportunities for additional development, including possible ADUs or expansion of the existing unit count, subject to buyer verification and approval from local authorities. The property has benefited from upgraded electrical infrastructure, providing added value and supporting future improvements or expansion possibilities. Investors will appreciate the combination of existing income, utility upgrades, and long-term upside potential. Ideally located near parks, the library, schools, shopping, dining, and public transportation, the property offers strong tenant appeal and convenient access to major commuter routes. Whether you're seeking a stable income-producing asset with future upside or a redevelopment opportunity, this property combines current cash flow with long-term growth potential. Property Highlights: Four detached cottage-style units Value-add investment opportunity Potential for ADUs or additional units (buyer to verify) Upgraded electrical system Spacious lot with mature trees and green space Ample on-site parking Strong tenant appeal and rental demand Close to parks, library, schools, shopping, dining, and public transportation Easy access to major commuter corridors A rare opportunity to own a character-rich income property with significant upside potential, modernized electrical improvements, and future development possibilities in a highly desirable rental market.
Details
| MLS # | CV26136077 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1954 |
| Days On Site | 70 |
| Listing Provided By | PHILLIP CASTRUITA, REALTOR | Phillip Castruita |
Features
| SQ Feet | 2,302 |
|---|---|
| Garage | 1 |
| Story(s) | 1 |
| Units | 4 |
| Building(s) | 4 |
| Acreage | 0.19 |
Interior
| Heating | Wall Furnace |
|---|---|
| Heating Yes / No | Yes |
| Interior Features | Ceiling Fans |
| Appliances | Gas Range, Refrigerator, Water Heater |
| Fireplace Yes / No | No |
Exterior
| Security Features | Carbon Monoxide Detectors, Window Bars |
|---|---|
| Lot Features | Lawn, Rectangular Lot |
| Fencing | Chain Link |
Parking
| Parking Features | Assigned |
|---|---|
| Garage Yes / No | Yes |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Biking, Curbs, Park, Valley |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | El Monte |
| Zip Code | 91731 |
| Area | 619 El Monte |
| Listing VS Median (in 91731) | |
Price: $999,999 low | high Med: $1,130,000 sqft: 2,302 low | high Med: 2,824 $ / sqft: $434 low | high Med: $400 On site: 70 low | high Med: 95 | |
Market Activity 91731
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | El Monte |
| Zip Code | 91731 |
| Area | 619 El Monte |
| Listing VS Median (in 91731) | |
Price: $999,999 low | high Med: $1,130,000 sqft: 2,302 low | high Med: 2,824 $ / sqft: $434 low | high Med: $400 On site: 70 low | high Med: 95 | |
 | $1,199,0002603 Tyler AveSouth El Monte, CA 91733 |