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Completely remodeled 7-unit apartment building in El Monte, delivered 100% vacant and ready to go! Each unit has been fully renovated with custom white oak cabinets, brand-new flooring, quartz countertops in every kitchen, and beautiful bathrooms with ceramic tile walls and porcelain tile floors. Spacious mix of four 3-bedroom/1-bath and three 2-bedroom/1-bath units, offering a 7.55% pro forma cap rate at list price based on current Section 8 payment standards. An incredibly versatile property, perfect for sober living, transitional or shared housing, and many other income-producing ventures. Set on a large ±15,353 SF lot with a 7-car garage near shopping, schools, restaurants, parks, and freeways. A rare turnkey opportunity with no deferred maintenance. Be sure to view the photos and video tour to see the stunning finishes in every unit. Buyer to verify all information, zoning, and permitted uses with the City of El Monte.

RS26240612 MLS ⋅ Coming Soon Status

Completely remodeled 7-unit apartment building in El Monte, delivered 100% vacant and ready to go! Each unit has been fully renovated with custom white oak cabinets, brand-new flooring, quartz countertops in every kitchen, and beautiful bathrooms with ceramic tile walls and porcelain tile floors. Spacious mix of four 3-bedroom/1-bath and three 2-bedroom/1-bath units, offering a 7.55% pro forma cap rate at list price based on current Section 8 payment standards. An incredibly versatile property, perfect for sober living, transitional or shared housing, and many other income-producing ventures. Set on a large ±15,353 SF lot with a 7-car garage near shopping, schools, restaurants, parks, and freeways. A rare turnkey opportunity with no deferred maintenance. Be sure to view the photos and video tour to see the stunning finishes in every unit. Buyer to verify all information, zoning, and permitted uses with the City of El Monte.

3462 Durfee, El Monte

$12,500,000

We are pleased to present the exclusive opportunity to acquire Asher Apartments, a well-maintained 65-unit multifamily community located in El Monte, California. Offered for sale for the first time in more than 40 years, this property represents a rare chance to acquire a generational asset with substantial value-add potential in one of the San Gabriel Valley’s strongest rental markets. The property features spacious one-bedroom units with interior upgrades including laminate wood and tile flooring, updated kitchens and bathrooms. Residents benefit from a secure, gated community with controlled-access parking, an on-site laundry facility, individual water heaters, and a new roof installed in 2020. Currently operating at an attractive 6.0% cap rate, Asher Apartments offers approximately 25% upside in rental income. By repositioning the asset to market rents, an investor has the opportunity to increase cash flow and achieve an estimated 8.1% pro forma cap rate. Situated on an oversized parcel within El Monte’s Qualified Opportunity Zone, the property also offers potential for future ADU development with the potential tax advantages associated with Opportunity Zone investments. We kindly ask that you please DO NOT DISTURB THE TENANTS.

PW26196840 MLS ⋅ Active Under Contract Status

We are pleased to present the exclusive opportunity to acquire Asher Apartments, a well-maintained 65-unit multifamily community located in El Monte, California. Offered for sale for the first time in more than 40 years, this property represents a rare chance to acquire a generational asset with substantial value-add potential in one of the San Gabriel Valley’s strongest rental markets. The property features spacious one-bedroom units with interior upgrades including laminate wood and tile flooring, updated kitchens and bathrooms. Residents benefit from a secure, gated community with controlled-access parking, an on-site laundry facility, individual water heaters, and a new roof installed in 2020. Currently operating at an attractive 6.0% cap rate, Asher Apartments offers approximately 25% upside in rental income. By repositioning the asset to market rents, an investor has the opportunity to increase cash flow and achieve an estimated 8.1% pro forma cap rate. Situated on an oversized parcel within El Monte’s Qualified Opportunity Zone, the property also offers potential for future ADU development with the potential tax advantages associated with Opportunity Zone investments. We kindly ask that you please DO NOT DISTURB THE TENANTS.

11441 Asher Street, El Monte

$1,599,900

Beautiful four bedrooms in excellent and convenience location of El Monte. Walking distance to Valley Blvd and Baldwin Ave. Easy access to freeway. All units are two bedrooms, one bath. Each unit is spacious. Three units are about 850 SF. One unit a stand alone building comprising of 910 SF. All units with long term tenants and each unit assigned parking. All units have remote air conditioning units. El Monte city does not have local rent control ordinance. Buyer/agent to verify square footage (lot and units) and all MLS information. Buyer and agent does not represent or guarantee accuracy of the square footage, bedroom/bathroom count, lot size or lot lines/dimensions, permitted or unpermitted spaces, school boundary lines or eligibility, rent control, or the information concerning the condition, or features of the property. Buyer/agent are advised to independently verify the accuracy of all information.

WS26193341 MLS ⋅ Active Status

Beautiful four bedrooms in excellent and convenience location of El Monte. Walking distance to Valley Blvd and Baldwin Ave. Easy access to freeway. All units are two bedrooms, one bath. Each unit is spacious. Three units are about 850 SF. One unit a stand alone building comprising of 910 SF. All units with long term tenants and each unit assigned parking. All units have remote air conditioning units. El Monte city does not have local rent control ordinance. Buyer/agent to verify square footage (lot and units) and all MLS information. Buyer and agent does not represent or guarantee accuracy of the square footage, bedroom/bathroom count, lot size or lot lines/dimensions, permitted or unpermitted spaces, school boundary lines or eligibility, rent control, or the information concerning the condition, or features of the property. Buyer/agent are advised to independently verify the accuracy of all information.

4019 Shirley Avenue, El Monte

$6,995,000

Baldwin Valley Apartments presents a compelling opportunity to acquire a 41-unit multifamily community at a newly reduced asking price of $6,995,000. Located at 10012 Valley Boulevard in El Monte, the property offers existing income, proven renovation upside and additional revenue opportunities at approximately $170,610 per unit and $292 per rentable square foot. The capitalization rate is 6.34% and the GRM is 9.43 based only on rents and not other income. Built in 1961, the community contains approximately 23,975 rentable square feet on a 0.85-acre site. The unit mix consists of 21 studios, 16 one-bedroom/one-bath units, two two-bedroom/one-bath units and two two-bedroom/two-bath units. Approximately 75%% of the units have been renovated. Average in-place rents of approximately $1,500 per unit providing a path to income growth through natural turnover and continuation of the existing renovation program. Additional income opportunities include increasing carport parking charges and implementing a ratio utility billing system (RUBS), subject to applicable requirements. Recent capital improvements include work to the roof, electrical system and windows. Community amenities include a swimming pool, controlled access, on-site laundry, garden and courtyard areas, and covered parking. Parking consists of 39 carports, one two-car garage and one surface space. Electricity is individually metered, while gas, water, sewer and trash are master metered. Potential for accessory dwelling units (ADUs) provides additional upside, subject to buyer verification and required approvals. Baldwin Valley Apartments offers convenient access to Interstate 10 and State Route 60. The property is approximately one mile from the El Monte Metrolink Station and less than one mile from El Monte Station, connecting residents to employment centers throughout the San Gabriel Valley and greater Los Angeles. The substantial price reduction strengthens the investment opportunity, combining a lower acquisition basis with demonstrated renovation premiums, rental upside and potential operational improvements in an established San Gabriel Valley rental market.

OC26182244 MLS ⋅ Active Status

Baldwin Valley Apartments presents a compelling opportunity to acquire a 41-unit multifamily community at a newly reduced asking price of $6,995,000. Located at 10012 Valley Boulevard in El Monte, the property offers existing income, proven renovation upside and additional revenue opportunities at approximately $170,610 per unit and $292 per rentable square foot. The capitalization rate is 6.34% and the GRM is 9.43 based only on rents and not other income. Built in 1961, the community contains approximately 23,975 rentable square feet on a 0.85-acre site. The unit mix consists of 21 studios, 16 one-bedroom/one-bath units, two two-bedroom/one-bath units and two two-bedroom/two-bath units. Approximately 75%% of the units have been renovated. Average in-place rents of approximately $1,500 per unit providing a path to income growth through natural turnover and continuation of the existing renovation program. Additional income opportunities include increasing carport parking charges and implementing a ratio utility billing system (RUBS), subject to applicable requirements. Recent capital improvements include work to the roof, electrical system and windows. Community amenities include a swimming pool, controlled access, on-site laundry, garden and courtyard areas, and covered parking. Parking consists of 39 carports, one two-car garage and one surface space. Electricity is individually metered, while gas, water, sewer and trash are master metered. Potential for accessory dwelling units (ADUs) provides additional upside, subject to buyer verification and required approvals. Baldwin Valley Apartments offers convenient access to Interstate 10 and State Route 60. The property is approximately one mile from the El Monte Metrolink Station and less than one mile from El Monte Station, connecting residents to employment centers throughout the San Gabriel Valley and greater Los Angeles. The substantial price reduction strengthens the investment opportunity, combining a lower acquisition basis with demonstrated renovation premiums, rental upside and potential operational improvements in an established San Gabriel Valley rental market.

10012 Valley, El Monte

$3,600,000

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.

TR26045458 MLS ⋅ Active Status

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.

3841 Peck Road, El Monte

$1,750,000

Huge opportunity for investors to get into CA’s ever lasting hot rental market!! This 13 bedrooms, 7 bathrooms, 7-units complex (2 bed/1 bath: 6 units, & 1 bd/1 bath) sprawls on a 6,046 sqft of living space, has a common laundry area, parking in the back and the front, and conveniently located near the Garvey commercial business; business district and Potrero Elementary. Remodeled between 2017/2018, the property is well kept and features upgrades such as a newly installed roof, newer bathrooms and kitchens, carpets, and a new electrical panel. Renters are on a yearly lease basis and the leases will be transferred to the buyer(s). The chance to become an investor/landlord in California is becoming few and far in between. This one is no exception to the rule and is expected to go fast!

OC25097640 MLS ⋅ Active Status

Huge opportunity for investors to get into CA’s ever lasting hot rental market!! This 13 bedrooms, 7 bathrooms, 7-units complex (2 bed/1 bath: 6 units, & 1 bd/1 bath) sprawls on a 6,046 sqft of living space, has a common laundry area, parking in the back and the front, and conveniently located near the Garvey commercial business; business district and Potrero Elementary. Remodeled between 2017/2018, the property is well kept and features upgrades such as a newly installed roof, newer bathrooms and kitchens, carpets, and a new electrical panel. Renters are on a yearly lease basis and the leases will be transferred to the buyer(s). The chance to become an investor/landlord in California is becoming few and far in between. This one is no exception to the rule and is expected to go fast!

2546 Potrero Avenue, El Monte

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