The Mountain View Apartments are an excellent multifamily investment opportunity due to its high demand residential area. The Mountain View Apartments are surrounded by quiet single family residences as well as small local businesses that generate nearby employment. The Mountain View Apartments have an excellent unit mix of four 1 bedroom and 1 bathroom units, four 2 bedroom and 1 bathroom units, and one 3 bedroom and 2 bathroom unit. These units have a 100% occupancy rate and are generating below market rent. Including the $1,530 in additional income through its on-site facility, the property has an annual gross income of $111,600. Upon increasing the rent to market level, the new owner would be able to generate a $9,000 increase in gross income, making the annual gross income $120,600. The Mountain View Apartments are situated on a 21,221 square foot lot with twelve carports and one 2-car garage. Built in 1963, the Mountain View Apartments have easily held an occupancy rate of 100% due to its solid rental neighborhood. There is 6,496 rentable square feet and a newly painted exterior as well as termite completion. Some units have also undergone interior upgrades which include granite countertops, new kitchen cabinets, tile flooring, and new bathrooms.
Multi-familyProperty Type
1963Year Built
0.49 acresLot Size
$220Price/Sq.Ft.
2 garage spacesParking
Listed by Eric Chen•DRE #01489184• CB RICHARD ELLIS
Bought with Eric Chen•DRE #01489184• CB RICHARD ELLIS
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
6
Baths
4
Stories
—
Lot width
—
Lot depth
—
Lot size
0.49 Acres
Year renovated
—
Sq. Ft.
2,700
Year built
1963
Style
Multi-Family (5+ Unit)
County
Los Angeles County
APN
8114008022
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 29, 2026.
R-3
Medium-Density Multiple-Family Dwelling Districts
Consistent with the General Plan Land Use Designation of Medium Density Residential. This zoning district allows for apartments, townhouses and Planned Residential Developments (PRDs).; Provide a variety of multi-family residential dwellings ranging from suburban to more urban standards characterized by multi-story residential structures focused around common open space areas and other amenities to suit a spectrum of individual lifestyles and needs.; Maintain the existing character of the city's multiple-family residential neighborhoods, while providing new opportunities for unit additions and infill housing.; Ensure that the scale and design of new development and alterations and additions to existing dwellings are compatible with the scale, mass and character of their neighborhoods, and protect adjacent properties from unreasonable obstruction of light and air.; Provide for appropriate densities within the ranges established in the general plan.; Create opportunities to develop walkable neighborhoods in close proximity to commercial areas, recreational amenities and different modes of transit.
Property details
Parking
Parking / Garage Information
# of Carport Spaces: 12
# of Garage Spaces: 2
Assigned
Has Parking
# of Parking Spaces: 14
Interior
Laundry Information
Has Laundry
Community
Kitchen Information
Appliances: Gas Cooktop
Has Appliances
Cooling Information
Wall Window
Has Cooling
Flooring Information
Carpet, Tile, Wood
Heating Information
Wall Heater
Has Heating
Interior Features
Levels: Multi/Split
Security Features: Gated Community, Window Bars
Unit Type 1 Information
Unit Key Numeric: 60999
Listing Key Numeric: 6827322
Actual Rent: $850
Area Units: Square Feet
Total # of Baths: 1
Total # of Beds: 1
Furnished: Unfurnished
Total Rent: $3,400
Total # of Units: 4
Unit Type 2 Information
Unit Key Numeric: 61000
Listing Key Numeric: 6827322
Actual Rent: $1,075
Area Units: Square Feet
Total # of Baths: 1
Furnished: Unfurnished
Total # of Beds: 2
Total Rent: $4,300
Total # of Units: 4
Unit Type 3 Information
Listing Key Numeric: 6827322
Unit Key Numeric: 61001
Actual Rent: $1,450
Area Units: Square Feet
Total # of Baths: 2
Attached Garage: Yes
Total # of Beds: 3
# of Garage Spaces: 2
Furnished: Unfurnished
Total Rent: $1,450
Total # of Units: 1
Expenses
Trash: $2,615
Maintenance: $5,413
Insurance: $2,700
Water Sewer: $3,142
Electric: $840
New Taxes: $17,798
Gardener: $720
Multi-Unit Information
Net Operating Income: $74,484
Average 3 Bed Area: 996
Average 2 Bed Area: 775
Average 1 Bed Area: 600
Total Building Area: 6,496
Gross Scheduled Income: $111,600
Gross Multiplier: 12.46
Gross Income: $9,300
# Of Leased Units: 9
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 10
# Of Separate Electric Meters: 10
# Of Buildings: 3
Vacancy Allowance: 3348
Exterior
Exterior Information
Roof: Composition
Fencing: Blockwall, Wrought Iron
Construction Materials: Stucco, Wood
Exterior Features
Pool Features: None
Lot Information
Lot Size Source: Assessor's Data
Lot Features: 16-20 Units/Acre, Lawn, Landscaped, Lot Shape-Rectangular, Lot 20000-39999 Sqft, Paved, Park Nearby, Yard
Property Information
Total # of Units: 9
Common Walls: 2+ common walls
Parcel Number: 8114008022
Attached Property
Total # of Stories: 2
Year Built Source: Assessor
Financial
Lease / Rental Details
Operating Expense: $33,768
Tenant Pays: Electricity, Gas
Total Actual Rent: $9,150
Utilities
Utilities Information
Sewer Connected
Water Source: District/Public
Location
Neighborhood Information
Community Features: Sidewalks, Suburban
Location Information
Latitude: 34.05244400
Longitude: -118.03323400
Road Frontage Type: Private Road
Road Surface Type: Paved
Zoning: R3
Public facts
Beds: 6
Baths: 4.0
Sq. Ft.: 2,700
Stories: —
Lot Size: 0.49 acres
Style: Multi-Family (5+ Unit)
Year Built: 1963
Year Renovated: —
County: Los Angeles County
APN: 8114008022
Home facts updated by county records on Aug 29, 2026
Other
Listing Information
Days Active in MLS: 76
Continuous Days Active in MLS: 515
Listing Agent Information
List Agent First Name: ERIC
List Agent Last Name: CHEN
Listing Office Information
List Office Name: CB RICHARD ELLIS
Selling Agent Information
Buyer Agent First Name: ERIC
Buyer Agent Last Name: CHEN
Selling Office Information
Buyer Office Name: CB RICHARD ELLIS
Around this home
Schools
Monte Vista Elementary School
Public K-8 • Assigned • 0.5mi
5/10
South El Monte High School
Public 9-12 • Assigned • 1.3mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
4/10 Flood Factor
Estimated 19-29% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 99° expected this year, 21 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
7/10 Air Factor
12 unhealthy days expected this year, 14 days in 30 years
Provided by First Street
Historical weather
El Monte, CA • 91733
Average low and high temperatures (°F)
70
50
72
52
75
54
74
54
78
58
83
62
85
62
91
66
86
65
81
59
72
53
70
52
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.7 hours in
June and 6.8 hours in December, placing it above the
U.S. average for solar exposure.