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Back 2921 Allgeyer Avenue
Off Market

2921 Allgeyer Avenue

El Monte CA 91732

3
2
33783 sq. ft.
Multi-Family
Last sold for $3,700,000
Ryan LoriaRyan Loria, last sold this property on 31 October 2025 after 107 days on market.

Overview

We are pleased to present The Greenwood Apartments, an 18-unit apartment community in El Monte, CA. This property features an ideal unit mix of large 1 and 2-bedroom units, gated entry, carport parking, individual gas and electric meters, as well as individual water heaters. The building has undergone several upgrades such as a new roof (2025), new electrical panels, new paint, and new windows. Interiors have been tastefully renovated with granite countertops, laminate wood flooring, upgraded bathrooms, and stainless-steel appliances. This multigenerational asset has been meticulously maintained and professionally managed throughout ownership and is on the market for the first time in 50 years. The property generates a current cap rate of 4.5%, 6.1% with market rents, offering an investor roughly 22% upside in rental income. Furthermore, the property sits on an oversized lot in El Montes qualified opportunity zone which presents substantial development and ADU potential as well as potential tax benefits.

Features

3 bedrooms
2 bathrooms
33783 sq. ft. lot size
Multi-Family

Estimated Value

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

Property history for 2921 Allgeyer Avenue

2025
Sold
$3,700,000
31 Oct 2025 by Ryan Loria, of Triqor Group

Happy sellers in El Monte

<50%
Less than 50% of sellers in El Monte reported that their sale price either exceeded or met their price expectations.

El Monte stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in El Monte over the last 12 months.

Local market activity for 3 bedroom multi families in El Monte

In the last 12 months, 1 three-bedroom multi family similar to 2921 Allgeyer Avenue, have been sold.

This represents a 100% decrease in three-bedroom multi families sales when compared to the previous 12 months.

Nearby agents

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

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Lan "Gloria" Xiao

Lan "Gloria" Xiao is an award winning recommended agent for El Monte.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (110 reviews)
  •  1 Review in El Monte
  •  1 Sale in El Monte
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Ana Malagon

Ana Malagon is a recommended agent for El Monte.  They have collected 1 local review across the last 12 months.

  •   5   (6 reviews)
  •  1 Review in El Monte
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PEISHAN HE

PEISHAN HE is a recommended agent for El Monte.  They have collected 1 local review across the last 12 months.

  •   5   (17 reviews)
  •  1 Review in El Monte
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RHEA BAI

RHEA BAI is a recommended agent for El Monte.  They have 3 local sales across the last 12 months.

  •  3 Sales in El Monte
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