Price cut
$1,150,000
6 bd · 4 ba · · 9,139 sqft lot
3128 Mountain View Rd, El Monte, CA 91732
Multi-family · Built 1933 ·
$7,043/mo est. payment
- Stories
- 2
Flood factor 1/10
About this home
Two of three units delivered vacant and recently remodeled on adjacent R3 parcels in El Monte, priced at $1,230,000. 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.
Facts and features
Bedrooms
- Bedrooms: 6
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Land Info
- Additional Parcels Description: 8565-018-040
- Additional Parcels: Yes
- Land Lease: No
- Lot Description: 0-1 Unit/Acre, 2-5 Units/Acre, Front Yard, Back Yard
- Lot Size Acres: 0.2098
- Lot Size Source: Assessor
- Lot Size Square Feet: 9139
Garage and Parking
- Parking Total: 10
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
- Gardener Expense: 2400
- Senior Community: Yes
Multi-Unit Info
- Number of Buildings: 2
- Number of Units: 3
- Bedrooms in Unit-1: 2
- Bedrooms in Unit-2: 2
- Bedrooms in Unit-3: 2
- Total Bathrooms in Unit-1: 2
- Total Bathrooms in Unit-2: 1
- Total Bathrooms in Unit-3: 1
Rental Info
- Gross Income: 109200
- Gross Scheduled Income: 109200
- Number of Units Leased: 1
- Tenant Pays: Gas, Electricity
- Rent Control: No
Amenities and Community Features
- Community Features: Curbs
Schools
- 5
Baker Elementary School
elementary · K-6 · 0.3 mi
- 7
El Monte High School
high · 9-12 · 0.9 mi
- 5
Parkview Elementary School
elementary · K-8 · 0.6 mi
New Life Christian School
elementary · K-12 · 0.7 mi
- 3
Willard F. Payne Elementary School
elementary · K-6 · 0.2 mi
El Monte Christian Academy
elementary · K-12 · 0.8 mi
Price history
- Oct 21, 2026 · Price Changed$1,150,000
- Sep 28, 2026 · Price Changed$1,230,000
- Aug 27, 2026 · Price Changed$1,270,000
- Jul 2, 2026 · Price Changed$1,300,000
- May 7, 2026 · Price Changed$1,400,000
- Apr 19, 2026 · Listed$1,499,999
Tax history
- 2025$11,693 tax · $843,035 assessed
- 2024$2,279 tax · $60,732 assessed
- 2023$1,544 tax · $58,375 assessed
- 2022$1,181 tax · $57,232 assessed
- 2021$1,190 tax · $56,111 assessed
- 2020$1,164 tax · $55,537 assessed
- 2019$1,161 tax · $54,449 assessed
- 2018$1,100 tax · $53,382 assessed
Home value
$603,900
- Cotality$603,900
- Collateral Analytics$569,000
- Quantarium$1,026,233
Where it is
Listed by Jake Ison · Rise Realty · CRMLS
