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3128 Mountain View Road

El Monte CA 91732

6
4
9139 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Two of three units delivered vacant and recently remodeled on adjacent R3 parcels in El Monte, priced at $1,270,000. 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.

Features

6 bedrooms
4 bathrooms
9139 sq. ft. lot size
Multi-Family

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 6 bedroom multi families in El Monte

In the last 12 months, 2 six-bedroom multi families similar to 3128 Mountain View Road, have been sold.

This represents a 34% increase in six-bedroom multi families sales when compared to the previous 12 months.

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