About this home

Excellent investment opportunity in the City of El Monte. This income-producing property features 7 rental units across 6 buildings situated on a spacious 26,248 SF lot, offering a rare combination of current cash flow and long-term upside potential. Ownership has recently completed full renovations on four units, including new kitchens, updated bathrooms, new flooring, fresh interior paint, and modern finishes, significantly enhancing tenant appeal and rental value. The property provides stable rental income with additional upside through future rent growth. Conveniently located near shopping centers, restaurants, schools, public transportation, and major freeways, this property benefits from strong rental demand and excellent accessibility. The expansive 26,248 SF lot adds significant long-term value and may offer opportunities for future expansion, redevelopment, or additional improvements, subject to buyer verification and approval from the City of El Monte. A rare opportunity for investors seeking immediate income, value-add potential, and long-term appreciation in one of the San Gabriel Valley's most desirable rental markets. Property is being sold in its present AS-IS condition. Buyer to independently verify all property information, including unit count, square footage, zoning, permits, and future development potential.

Facts and features

Schools

• Shirpser Elementary School

  elementary · K-6 · 0.3 mi

  6

• Gidley Elementary School

  elementary · K-8 · 1.1 mi

  6

• Rosemead High School

  high · 9-12 · 1.2 mi

  8

• Agape Montessori School

  elementary · PK-K · 0.7 mi

• Rio Vista Elementary School

  elementary · K-6 · 0.8 mi

  7

• El Monte/Rosemead Adult

  elementary · 0.9 mi

Price history

• Jun 12, 2026 · Listed$2,988,000
• May 18, 2023 · Sold$1,700,000
• May 9, 2023 · Listed$1,200,000
• Dec 21, 2018 · Sold$1,415,000
• Jul 23, 2018 · Listed$1,500,000
• Sep 19, 1986 · Sold$320,000

Tax history

• 2025$26,125 tax · $1,804,051 assessed
• 2024$24,844 tax · $1,768,679 assessed
• 2023$22,016 tax · $1,517,162 assessed
• 2022$21,074 tax · $1,487,415 assessed
• 2021$21,363 tax · $1,458,251 assessed
• 2020$21,291 tax · $1,443,300 assessed
• 2019$21,631 tax · $1,415,000 assessed
• 2018$6,321 tax · $320,369 assessed

Where it is