JUST REDUCED! We are pleased to present a 4-Unit multi-family investment opportunity in the prime area of North El Monte. This fourplex features (1) 2-Bed/1-Bath unit, and (3) 1-Bed/1-Bath units. Tenants have access to on-site carport parking and yard space. Each unit is separately metered for gas and electricity. This property offers a substantial 45% potential upside in rental income, making it an attractive prospect for maximizing return on investment. Moreover, the property enjoys the advantage of no local city rent control, giving you the flexibility to reposition tenants with a "substantial remodel" approach in an effort to obtain competitive rental rates, and optimize your investment strategy. One unit to be delivered vacant at the close of escrow.
Multi-familyProperty Type
1962Year Built
5,300 sq ftLot Size
$449Est. Price/Sq.Ft.
4 spacesParking
Listed by Kristopher German•DRE #01800021• RE/MAX 2000 REALTY
Contact: 909-645-0443
Bought with Kelly Ngo•DRE #02037711• MARY JANE BROSOWSKE, BROKER
*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
Permits
Beds
5
Baths
4
Stories
—
Lot width
—
Lot depth
—
Lot size
5,302 Sq. Ft.
Year renovated
1962
Sq. Ft.
2,446
Year built
1962
Style
Multi-Family (2-4 Unit)
County
Los Angeles County
APN
8549041002
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 30, 2026.
R-2
Low-density Multiple-Family Dwelling Zoning District
Consistent with the General Plan land use designation of Medium Low Density Residential. This zoning district allows for attached and detached single-family dwellings, attached products with 4 or fewer units.; 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.
Jul 1, 2024 • Final
Alteration, remodel, repair
Legalize unpermitted work including the installation of an electrical subpanel for exterior lighting and stucco repairs. Legalize the installation of electrical receptacles, water heater replacements, and wall-mounted furnace replacements across four residential units. Legalize retrofit window replacements and range hood installations where applicable.
Electrical
HVAC
Plumbing
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking / Garage Information
# of Carport Spaces: 4
# of Parking Spaces: 4
Interior
Laundry Information
Has Laundry
Gas & Electric Dryer Hookup, Inside, Washer Hookup
Interior Features
Entry Level: 1
Entry Location: 1
Levels: Two
Unit Type 1 Information
Unit Key Numeric: 11722244
Listing Key Numeric: 372338341
Actual Rent: $1,475
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $1,475
Total # of Units: 1
Unit Type 2 Information
Unit Key Numeric: 11722245
Listing Key Numeric: 372338341
Actual Rent: $1,795
Total # of Baths: 1
# of Baths Full: 1
Furnished: Unfurnished
Total # of Beds: 1
Total Rent: $1,795
Total # of Units: 1
Unit Type 3 Information
Listing Key Numeric: 372338341
Unit Key Numeric: 11722246
Actual Rent: $1,100
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 1
Furnished: Unfurnished
Total Rent: $1,100
Total # of Units: 1
Unit Type 4 Information
Listing Key Numeric: 372338341
Unit Key Numeric: 11722247
Actual Rent: $1,375
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 1
Furnished: Unfurnished
Total Rent: $1,375
Total # of Units: 1
Expenses
Trash: $2,676
Total: $22,821
Maintenance: $3,000
Insurance: $2,500
Water Sewer: $2,016
Electric: $204
New Taxes: $12,425
Multi-Unit Information
Net Operating Income: $44,051
Average 3 Bed Area Units: Sq. Ft.
Average 2 Bed Area Units: Sq. Ft.
Average 1 Bed Area Units: Sq. Ft.
Sq. Ft.
Total Building Area: 2,446
Gross Scheduled Income: $68,940
Gross Operating Income: $66,872
Gross Income: $68,940
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 4
# Of Separate Electric Meters: 4
# Of Buildings: 1
Vacancy Allowance: 2068
Exterior
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: 2-5 Units/Acre
Property Information
Common Interest: Community Apartment
Total # of Units: 4
Common Walls: 2+ common walls
Parcel Number: 8549041002
Attached Property
Total # of Stories: 2
Year Built Source: Assessor
Financial
Lease / Rental Details
Operating Expense: $22,821
Rent Control
Tenant Pays: Electricity, Gas
Utilities
Utilities Information
Sewer: Public Sewer
Water Source: District/Public
Location
Neighborhood Information
Community Features: Curbs, Gutters, Sidewalks
Location Information
Directions: North of I-10, West of I-605; Near the Intersection of Exline St & Gilman Rd
Zoning: EMR3YY
Public facts
Beds: 5
Baths: 4.0
Sq. Ft.: 2,446
Stories: —
Lot Size: 5,302 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1962
Year Renovated: 1962
County: Los Angeles County
APN: 8549041002
Home facts updated by county records on Aug 30, 2026
Other
Listing Information
IDX Contact Info: 909-645-0443
Days Active in MLS: 56
Continuous Days Active in MLS: 56
Listing Agent Information
List Agent First Name: Kristopher
List Agent Last Name: German
Listing Office Information
List Office Name: RE/MAX 2000 REALTY
Selling Agent Information
Buyer Agent First Name: Kelly
Buyer Agent Last Name: Ngo
Selling Office Information
Buyer Office Name: MARY JANE BROSOWSKE, BROKER
Around this home
Schools
Twin Lakes Elementary School
Public 3-8 • Assigned • 0.5mi
4/10
Mountain View High School
Public 9-12 • Assigned • 0.8mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk 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 100° expected this year, 20 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 • 91732
Average low and high temperatures (°F)
72
48
74
50
77
54
76
54
79
59
84
62
87
62
93
66
89
65
83
58
74
52
71
50
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.
9.7 hrs
6.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.05M – $1.26M
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