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.
Features
2 bedrooms
20 bathrooms
crop_free16496 sq. ft. lot size
cottageMulti-Family
Property history for 3841 Peck Rd
2015
Sold
Undisclosed
21 May 2015
Happy sellers in El Monte
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Local market activity for 2 bedroom multi families in El Monte
Sold
For Sale
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