The Atrium is located at 3733 Gibson Road in the El Monte submarket with the APN 8578-008-024. The property presents an investor with the unique opportunity to own a turnkey piece of real estate in a non rent-controlled rental submarket within the San Gabriel Valley. Constructed in 1963, The Atrium is a well-maintained three-building, two-story, 39-unit property that was extensively renovated in 2017/2018. The property sits on a ±47,231 square foot R3 lot with a total building size of ±32,043 square feet. The controlled access property offers a leasing office, fitness center, gated pool, secured parking, on-site laundry facilities, and several capital improvements including a new roof, new central water heaters, and new electrical panels in each unit. The renovated units offer new kitchens and bathrooms, Formica countertops, stainless steel appliances, luxury vinyl plank and carpet flooring, ample storage space, and wall units for heating and cooling.
Multi-familyProperty Type
1963Year Built
1.08 acresLot Size
$303Price/Sq.Ft.
1 garage spacesParking
Listed by Priscilla Nee•DRE #01435254• CB Richard Ellis, Inc.
•323-333-0909 (agent)
•priscilla.nee@cbre.com (agent)
Listed by ERIC CHEN•DRE #01489184• CB RICHARD ELLIS
•626-757-5717 (agent)
•eric.c.chen@cbre.com (agent)
Bought with Priscilla Nee•DRE #01435254• CB Richard Ellis, Inc.
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
58
Baths
39
Stories
—
Lot width
—
Lot depth
—
Lot size
1.08 Acres
Year renovated
1963
Sq. Ft.
32,043
Year built
1963
Style
Multi-Family (5+ Unit)
County
Los Angeles County
APN
8578008024
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 30, 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
Garage
Controlled Entrance
Parking
# of Parking Spaces (Total): 39
Interior
Equipment
Other
Heating & Cooling
Wall Unit Cooling
Wall Heat
Multi-Unit Income
Gross Income: 843764
Gross Operating Income: $801,576
Net Operating Income: $502,762
Multi-Unit Expenses
Advertising Expense: $4,200
Operating Expense: $37,500
Supplies Expense: $8,138
Insurance Expense: $8,538
Water Expense: $37,670
Management Expense: $17,873
Gardener Expense: $7,298
Maintenance Expense: $21,876
Total Annual Expense: $298,814
Tax Expense: $145,971
Other Expense: $9,750
Multi-Unit Other Financial Information
Cap Rate: 5.14
Gross Rent Multiplier: 12.43
Vacancy Rate: 5
Scheduled Actual: Actual
Multi-Unit Information
Unit Type Type: 1, 2
Type Of Units: MF
# of Buildings: 3
Unit 1 Information
# of Beds: 1
# of Baths: 1.00
Rent: $1,536
Projected Rent: $32,500
Actual Rent: $30,724
# of Units: 20
Unit 2 Information
# of Beds: 2
# of Baths: 1.00
Rent: $1,834
Projected Rent: $36,575
Actual Rent: $34,843
# of Units: 19
Exterior
Building Information
Construction MVO: Frame and Stucco
Property Information
Property Type: Residential Income
Lot Information
Lot Size (Sq. Ft.): 47,232
Financial
Assessment Information
Assessor Parcel Number: 8578-008-024
Location
HOA Information
Amenities: Controlled Access, Fitness Center, Gated Parking, Pool
Community Information
# of Units in Complex (Total): 39
Location Information
Directions: Located just east of Baldwin Avenue, between Valley Boulevard and the San Bernardino (I-10) Freeway.
Public facts
Beds: 58
Baths: 39.0
Sq. Ft.: 32,043
Stories: —
Lot Size: 1.08 acres
Style: Multi-Family (5+ Unit)
Year Built: 1963
Year Renovated: 1963
County: Los Angeles County
APN: 8578008024
Home facts updated by county records on Aug 30, 2026
Other
Documents & Disclosures
Disclosures: As Is
Co Selling Agent Information
First Name: ERIC
Last Name: CHEN
License #: 01489184
Around this home
Schools
Shirpser Elementary School
Public K-6 • Assigned • 0.3mi
6/10
Gidley Elementary School
Public K-8 • Assigned • 1.1mi
6/10
Rosemead High School
Public 9-12 • Assigned • 1.3mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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