Listed by Grace Zhang•DRE #01946544• RE/MAX Galaxy
Listed by Zheng Sun•DRE #02030373• RE/MAX Galaxy
Contact: 909-223-2297
For sale
$3,600,000
Est. $23,360/mo —
40
bd
•
400 ba
•
10,240
sq ft
3841 Peck Rd, El Monte, CA 91732
About this home
Rare opportunity to acquire a 20-unit multifamily investment property offered at $3,600,000. The property is currently 100% occupied and consists of 18 studio units and 2 one-bedroom/one-bath units. Strong in-place cash flow with upside potential through gradual rent repositioning. The building features a two-story layout with ample on-site surface parking and is located along a high-visibility commercial corridor with convenient access to major freeways, retail centers, and employment hubs. Ideal for 1031 exchange buyers or investors seeking a stabilized workforce housing asset with long-term appreciation potential. Do not disturb tenants. Drive-by only.
Auto District, located between Valley Boulevard and Ramona Boulevard, is a commercial and auto-oriented El Monte neighborhood with wide arterials and dealership-lined blocks. The neighborhood’s character concentrates around the busy Valley Blvd and Peck Rd crossroads, where showrooms, repair bays, and parts counters create a steady, workday hum. Long rows of low-slung lots and service buildings define the streetscape, with occasional mid-century storefronts and warehouse-style facades. The El Monte Historical Museum adds local context beyond the curbside commerce. Whittier Narrows Recreation Area and the San Gabriel River Trail bring open space to the edge of the district. The El Monte Metrolink Station anchors regional connections nearby.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Entry is on level 1
Bedrooms
20 units total with 2 bedrooms (total across property)
Bathrooms
20 full bathrooms (total across property)
Laundry & utility
No laundry on site
Exterior features
No pool
Walkstreet lot setting
Home design
Community apartment (attached property)
2 total stories
One building on the lot
Construction
Year built per assessor
Utilities
Public sewer
District/public water
HOA & community
Suburban community
Financial info
Gross scheduled income $278,160
Gross income $278,160
Net operating income $157,310
Gross multiplier 13.3
Operating expenses $120,850
Total rent $278,160
Other expense (Gas) $3,594
Expense breakdown includes: Electric $23,547; Water/Sewer $9,850; Trash $5,600; Maintenance $21,560; Insurance $3,705; Licenses $494; New taxes $52,500
Other
Total building area 10,240
Electricity and solar
View estimated energy costs and solar savings for this home
Built in 1940, the subject property sits on 16,491 square feet of land with 10,240 rentable square feet. All utilities are master-metered. The property has twenty three designated open parking spaces. Brand new central water heater just installed.
SDMLS #301772452
Jul 16, 2015
Sold
$1,900,000
$186/sq ft
Jan 8, 2015
Listed
$1,948,000
$190/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$36,859 (+8.5%)
$1,302,174 + $947,036
$2,249,210
2024
$33,984 (+1.9%)
$1,302,174 + $947,036
$2,249,210
2023
$33,347 (+3.6%)
$1,276,642 + $928,467
$2,205,109
2022
$32,180 (−1.1%)
$1,251,610 + $910,262
$2,161,872
2021
$32,532 (+0.3%)
$1,227,069 + $892,414
$2,119,483
2020
$32,447 (−2.1%)
$1,203,009 + $874,916
$2,077,925
2019
$33,128 (+1.9%)
$1,190,674 + $865,945
$2,056,619
2018
$32,520 (+2.2%)
$1,167,328 + $848,966
$2,016,294
2017
$31,828 (+2.1%)
$1,122,000 + $816,000
$1,938,000
2016
$31,169 (+0.7%)
$1,122,000 + $816,000
$1,938,000
2015
$30,944 (+3.6%)
$1,100,000 + $800,000
$1,900,000
2014
$29,867 (+238.7%)
$1,287,335 + $556,807
$1,844,142
2012
$8,819 (+1.4%)
$1,281,517 + $554,291
$1,835,808
2011
$8,701 (+1.3%)
$90,151 + $234,424
$324,575
2010
$8,589 (+1.8%)
$88,384 + $229,828
$318,212
2009
$8,441 (+5.6%)
$87,724 + $228,111
$315,835
2008
$7,992
$87,933 + $228,653
$316,586
Public record
Public record
Zoning
Beds
—
Baths
20
Stories
—
Lot width
—
Lot depth
—
Lot size
0.38 Acres
Year renovated
1940
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
10,240
Year built
1940
Style
Multi-Family (5+ Unit)
County
Los Angeles County
APN
8568020003
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 30, 2026.
MMU
Mixed/Multiuse Zoning District
Consistent with the General Plan Land Use Designation of Mixed/Multiuse. This zoning district allows mixed/multiuse projects combining a complementary mix of housing and nonresidential uses along designated corridors. Such projects can be vertically integrated (commercial ground-floor frontage with residential above the first floor) or horizontal (housing adjacent to commercial and office uses). The scale, size and mix of land uses vary based on the location and character of the surrounding land uses. Densities up to 35 residential units per acre are allowed.; Create opportunities for new mixed/multiuse development along major corridors to provide by-right housing opportunities, reduce automobile dependence, improve air quality and revitalize and transition underutilized sites; Expand available land capacity and zoning tools to accommodate the city's projected need for housing; Encourage commercial and mixed/multiuse development at key intersections and nodes along major corridors and direct exclusively residential developments mid-block; Create a pedestrian-oriented mix of uses with convenient access between area neighborhoods, and among housing, employment centers, and retail services; Facilitate well-designed projects that combine residential and nonresidential uses, either vertically or horizontally, to promote a better balance of jobs, services and housing; Stimulate economic development and reinvestment based upon recognized urban design principles that allow property owners to respond with flexibility to market forces; and Encourage the development of a unique zone character through a streetscape that provides attractive features (e.g., landscaping, niche or linear parks, public spaces, courtyards.) designed to integrate the public realm (e.g., streets, sidewalks.) with development on adjacent private property.
Local insights from Redfin agents
The real estate market is becoming more balanced. Buyers have more inventory, more data, and more time to make informed decisions than they did a year ago. Well-priced homes are still moving quickly, but today’s market rewards preparation, strategy,...
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 98° 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
96/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 6% for direct sun exposure in El Monte. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.5 hrs
6.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3841 Peck Rd
There isn’t enough information to generate an accurate estimate at this time. Learn More