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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$1,300,000

Est. payment - /mo

9,138 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26084351

HOA Y/N No

Year Built 1933

Tax Year 2025

Lot Size 9,138 Sqft

Property Sub-Type Triplex

Property Description

Two of three units delivered vacant and recently remodeled on adjacent R3 parcels in El Monte, priced at $1,300,000. Front 2BD/2BA house leased at $3,300 monthly. Rear duplex (two 2BD/1BA units) projected at $2,400 each. Projected GSI $97,200.

Vacant delivery on the rear duplex lets the buyer set market rent at closing with no AB 1482 reset risk, no relocation exposure, no displacement cost. A rare open unit play in a submarket where tenant protection rules usually block immediate resets.

Combined ±9,139 SF R3 (EMR3YY) lot supports multifamily redevelopment. Cash flow today, land bank tomorrow.
Tenants pay electric and gas. Owner covers water, sewer, trash, landscaping, insurance, taxes.

Minutes to I-10, I-605, and SR-60. Walking distance to Metro El Monte Station, one of the largest transit hubs west of the Mississippi. Downtown LA sits 13 miles west, Pasadena 10 miles north, Industry and West Covina employment centers inside 15 minutes.

San Gabriel Valley fundamentals stay strong: vacancy below LA County average, limited new supply, ongoing public investment via the El Monte Gateway master plan.

Assessor reflects two SFRs on two parcels. Property currently operates as three units. Buyer to verify square footage, unit count, permits, and financials.

Location

State CA

County Los Angeles

Area 619 - El Monte

Zoning EMR3YY

Interior

Fireplace No

Laundry None

Exterior

Pool None

Community Features Curbs

Utilities Available Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

Total Parking Spaces 10

Private Pool No

Building

Lot Description 0-1 Unit/Acre, 2-5 Units/Acre, Back Yard, Front Yard

Story 2

Entry Level Two

Sewer Unknown

Level or Stories Two

New Construction No

Others

Senior Community Yes

Tax ID 8565018004

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange, Submit

Listing Terms Cash, Cash to New Loan, 1031 Exchange, Submit

Special Listing Condition Standard

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Listed by Jake Ison Rise Realty 949-630-6548, DRE #02243439

NEARBY SCHOOL & BUSINESS

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3128 Mountain View RD El Monte, CA 91732