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.
| MLS # | TR26045458 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active |
| Year | 1940 |
| Days On Site | 176 |
| Listing Provided By | RE/MAX Galaxy | Grace Zhang |
| SQ Feet | 10,240 |
|---|---|
| Story(s) | 2 |
| Units | 20 |
| Building(s) | 1 |
| Acreage | 0.38 |
| Lot Features | Walkstreet |
|---|
| Garage Yes / No | No |
|---|
| Sewer | Public Sewer |
|---|
| Community Features | Suburban |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | El Monte |
| Zip Code | 91732 |
| Area | 619 El Monte |
| Listing VS Median (in 91732) | |
Price: $3,600,000 low | high Med: $1,400,000 sqft: 10,240 low | high Med: 1,623 $ / sqft: $352 low | high Med: $140,216 On site: 176 low | high Med: 48 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | El Monte |
| Zip Code | 91732 |
| Area | 619 El Monte |
| Listing VS Median (in 91732) | |
Price: $3,600,000 low | high Med: $1,400,000 sqft: 10,240 low | high Med: 1,623 $ / sqft: $352 low | high Med: $140,216 On site: 176 low | high Med: 48 | |