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Back 2403 North Lee Avenue
Off Market

2403 North Lee Avenue

South El Monte CA 91733

9
5
0.24 ac.
Multi-Family
Last sold for $1,150,000
Kristopher GermanKristopher German, last sold this property on 11 July 2025 after 10 days on market.

Overview

PRICED TO SELL! We are pleased to exclusively offer for sale this 5-unit multi-family property located in the city of South El Monte, a prime rental community in the San Gabriel Valley. The subject property offers an exceptional "value-add" opportunity with an unbeatable price per unit and price per square foot. Spanning 4,390 rentable square feet on a 10,336 square foot lot, the property features two single-story Cottages and a two-story Triplex with a versatile unit mix. This includes one 3-Bedroom/2-Bath cottage (originally permitted as a commercial space and later converted to residential use), one 2-Bedroom/1-Bath cottage, three 2-Bedroom/1-Bath units (Triplex), and a non-conforming 2-Bedroom/1-bath unit currently utilizing the onsite garage space. Each unit is separately metered for electricity and gas, providing operational efficiency and reducing owner expenses. With significant upside in rental income, this property is well-suited for investors looking to reposition the asset and capitalize on market rents. The property is priced to sell and must be purchased in as-is condition. Buyers are advised to independently verify the legal square footage and bedroom/bathroom count. With strong fundamentals, substantial upside opportunity, and high potential cash returns, this offering is a rare find in a high-demand rental submarket.

Features

9 bedrooms
5 bathrooms
0.24 ac. lot size
Multi-Family

Estimated Value

We need at least 3 similar 9 bedroom multi families sold in South El Monte over the last 12 months.

Property history for 2403 North Lee Avenue

2025
Sold
$1,150,000
11 Jul 2025 by Kristopher German, of RE/MAX 2000 REALTY

Happy sellers in South El Monte

95%
95% of sellers in South El Monte reported that their sale price either exceeded or met their price expectations.

South El Monte stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in South El Monte over the last 12 months.

Local market activity for 9 bedroom multi families in South El Monte

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in South El Monte

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MIA WANG

MIA WANG is a recommended agent for South El Monte.  They have 3 local sales and collected 2 local reviews across the last 12 months.

  •   5   (19 reviews)
  •  2 Reviews in South El Monte
  •  3 Sales in South El Monte
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Kin San

Kin San is a recommended agent for South El Monte.  They have 2 local sales and collected 2 local reviews across the last 12 months.

  •   5   (24 reviews)
  •  2 Reviews in South El Monte
  •  2 Sales in South El Monte
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GUANNAN LI

GUANNAN LI is a recommended agent for South El Monte.  They have 3 local sales across the last 12 months.

  •  3 Sales in South El Monte
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Kristopher German

Kristopher German is a recommended agent for South El Monte.  They have 3 local sales across the last 12 months.

  •  3 Sales in South El Monte
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