Huge lot 27,305 sq. ft. Great Investment and builders opportunity. The property consists of 4 separate houses and 1 commercial building. The commercial building (front) is currently being used as storage and has a bathroom. First house (rent $2300) consists of 3 bedrooms, 2 baths, 2 car garages, storage and a swimming pool. Second house (rent $1310) and third house (rent $1330) houses are nearly identical and each have 2 bedrooms and 1 bath with 1 car garage. The fourth house (rent is $1380) is above the garage and has 2 bedrooms, 1 bath and 1 car garage. All units have laundry hookups and separate water, electric and gas meter. Owner pays for trash and swimming pool maintenance. This versatile property offers endless possibilities and numerous options for future development with upside potential.
Norwood Cherrylee, located between Peck Road and Santa Anita Avenue, is a residential and commuter-friendly El Monte neighborhood with a grid of mid-century streets and a foothill-framed horizon. The neighborhood’s character concentrates around the Peck Road corridor near the I-10 ramps, where auto shops, taquerías, and small storefronts set a workaday rhythm. Housing leans toward single-story ranch homes and compact apartment courts with mature shade trees and tidy front yards. Daily routines orbit nearby parks and school campuses, with sidewalks that suit short errands and evening walks. The San Gabriel River corridor and Whittier Narrows area add open-space relief to the urban fabric.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Ceiling fan
Shower over tub
Shower stall
In-ground pool
Bedrooms
Unit mix includes 3-bed and 2-bed units (one 3-bed unit; multiple 2-bed units)
Bathrooms
Units feature full bathrooms (shower over tub and shower stall configurations)
Kitchen
Free-standing gas range
Refrigerator
Laundry & utility
Laundry room
Interior laundry
Laundry in garage
Laundry in kitchen
Outdoor laundry
Gas or electric dryer hookup
Flooring
Tile floors
Heating & cooling
Wall/window air conditioning units
Ceiling fans for cooling
Gas water heater
Other heat type
Exterior features
Open patio
Other on-site structures
Home design
One level buildings
Detached buildings (no common walls)
Residential income property (fourplex across 5 buildings)
Parking
Combination of 1-car and 2-car garages and driveway spaces
Total of 7 garage structures providing 8 garage spaces
Total parking capacity approximately 12 spaces
Construction
Composition/shingle roof
Utilities
Sewer paid in street
HOA & community
Complex contains 4 units
Financial info
Actual monthly rent total reported at $6,250
Actual annual gross rent reported at $75,000
Net operating income reported at $45,040
Gross operating income reported at $75,000
Total annual expenses reported at $29,960.13 (includes trash, insurance, pool, electric, water, tax expenses)
Owner pays: other (unspecified); Tenants pay water, electric, gas
Gross rent multiplier reported at 21.31
Property operates as a fourplex with unit types including 1-, 2-, 3-, and 4-bedroom unit classifications
Other
Property listed 'As Is'
Electricity and solar
View estimated energy costs and solar savings for this home
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Multi-Family (2-4 Unit)
County
Los Angeles County
APN
8541-004-013
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Jun 8, 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.
Historical weather
El Monte, CA • 91732
Average low and high temperatures (°F)
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Sun exposure
88/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in El Monte. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.8 hrs
6.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5234 Peck Rd
$1,548,813
$49K under list price of $1.60M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $805K to $1.6M.