UNDER CONTRACT

Listed by Ryan Loria •DRE #02006138 • Triqor Group

Contact: 949-756-3232

Contingent

$12,500,000

Est. $83,634/mo —

•

39,989

sq ft

11441 Asher St, El Monte, CA 91732

About this home

We are pleased to present the exclusive opportunity to acquire Asher Apartments, a well-maintained 65-unit multifamily community located in El Monte, California. Offered for sale for the first time in more than 40 years, this property represents a rare chance to acquire a generational asset with substantial value-add potential in one of the San Gabriel Valley’s strongest rental markets. The property features spacious one-bedroom units with interior upgrades including laminate wood and tile flooring, updated kitchens and bathrooms. Residents benefit from a secure, gated community with controlled-access parking, an on-site laundry facility, individual water heaters, and a new roof installed in 2020. Currently operating at an attractive 6.0% cap rate, Asher Apartments offers approximately 25% upside in rental income. By repositioning the asset to market rents, an investor has the opportunity to increase cash flow and achieve an estimated 8.1% pro forma cap rate. Situated on an oversized parcel within El Monte’s Qualified Opportunity Zone, the property also offers potential for future ADU development with the potential tax advantages associated with Opportunity Zone investments. We kindly ask that you please DO NOT DISTURB THE TENANTS.

Multi-familyProperty Type

1963Year Built

1.39 acresLot Size

$313Price/Sq.Ft.

65 spacesParking

Listing updated: Sep 24, 2026 at 04:46pm

Redfin checked: 6 minutes ago

•Source:CRMLS #PW26196840

Payment calculator

$83,634 per month

Principal and interest$68,218

Property taxes

$13,021

HOA dues

Home insurance

$2,396

Utilities

Add

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Affordability tools

Open houses

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Keller Williams R. E. Services

Around this home

Schools

K - 12
Preschool & daycare

Baker Elementary School

Public K-6 • Assigned • 0.7mi

5/10

Twin Lakes Elementary School

Public 3-8 • Assigned • 1.4mi

4/10

El Monte High School

Public 9-12 • Assigned • 0.4mi

7/10

Provided by GreatSchools

About Auto

District

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 level is 1
Entry located on level 1

Bedrooms
Unit types include 1-bedroom units

Bathrooms
1 full bathroom in unit type listed

Kitchen
No kitchen appliance details provided

Laundry & utility
Has on-site laundry area

Sale and tax history for 11441 Asher St

Sale History
Tax History

Date

Event

Price

CRMLS #PW26196840

Sep 24, 2026

Contingent

—

Sep 8, 2026

Listed

$12,500,000

$313/sq ft

RENT. #7

Apr 1, 2025

Rental Removed

$1,695

$0/sq ft

Mar 6, 2025

Listed for Rent

$1,695

$0/sq ft

Feb 9, 2025

Rental Removed

$1,695

$0/sq ft

Dec 19, 2024

Listed for Rent

$1,695

$0/sq ft

Oct 9, 2024

Rental Removed

$1,695

$0/sq ft

Sep 13, 2024

Price Changed

$1,695

$0/sq ft

Sep 12, 2024

Price Changed

$1,725

$0/sq ft

Jun 27, 2024

Listed for Rent

$1,695

$0/sq ft

APPFOLIO #6

May 15, 2024

Rental Removed

$1,695

$0/sq ft

Apr 10, 2024

Listed for Rent

$1,695

$0/sq ft

APPFOLIO #5

Apr 10, 2024

Rental Removed

$1,695

$0/sq ft

Mar 22, 2024

Listed for Rent

$1,695

$0/sq ft

APPFOLIO #4

Mar 22, 2024

Rental Removed

$1,725

$0/sq ft

Mar 13, 2024

Listed for Rent

$1,725

$0/sq ft

APPFOLIO #3

Mar 13, 2024

Rental Removed

$1,695

$0/sq ft

Jan 27, 2024

Listed for Rent

$1,695

$0/sq ft

APPFOLIO #2

Jan 27, 2024

Rental Removed

$1,595

$0/sq ft

Jan 20, 2024

Listed for Rent

$1,595

$0/sq ft

APPFOLIO #1

Jan 20, 2024

Rental Removed

$1,695

$0/sq ft

Jan 4, 2024

Listed for Rent

$1,695

$0/sq ft

Public Records

Mar 2, 1982

Sold

$264,000

$7/sq ft

Public Records

Mar 2, 1982

Sold

$2,000,000

$50/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$80,291 (+9.4%)

$706,702 + $3,876,741

$4,583,443

2024

$73,411 (+1.5%)

$692,846 + $3,800,727

$4,493,573

2023

$72,306 (+3.6%)

$679,261 + $3,726,203

$4,405,464

2022

$69,815 (−1.6%)

$665,943 + $3,653,141

$4,319,084

2021

$70,973 (+2.6%)

$652,886 + $3,581,511

$4,234,397

2020

$69,142 (+0.2%)

$640,085 + $3,511,286

$4,151,371

2019

$68,990 (+4.6%)

$633,522 + $3,475,283

$4,108,805

2018

$65,981 (+2.5%)

$621,100 + $3,407,141

$4,028,241

2017

$64,346 (+5.6%)

$596,983 + $3,274,839

$3,871,822

2016

$60,929 (+1.2%)

$596,983 + $3,274,839

$3,871,822

2015

$60,233 (+1.5%)

$585,278 + $3,210,627

$3,795,905

2014

$59,363 (+4.4%)

$565,195 + $3,100,454

$3,665,649

2012

$56,847 (+1.1%)

$525,578 + $3,016,944

$3,542,522

2011

$56,218 (+1.3%)

$515,273 + $2,957,789

$3,473,062

2010

$55,496 (+7.6%)

$505,170 + $2,899,794

$3,404,964

2009

$51,599 (+5.3%)

$501,395 + $2,878,122

$3,379,517

2008

$48,982

$401,119 + $2,701,634

$3,102,753

Public record

Public record
Zoning
Permits

Beds

Baths

Stories

—

Lot width

—

Lot depth

—

Lot size

1.39 Acres

Year renovated

1963

Finished Sq. Ft.

—

Unfinished Sq. Ft.

—

Total Sq. Ft.

39,989

Year built

1963

Style

Multi-Family (5+ Unit)

County

Los Angeles County

APN

8566022012

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 7, 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.

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

6/10 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)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

85/ 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.

9.6 hrs

5.9 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 11441 Asher St

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Details provided by CRMLS and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Affordability tools

Open houses

Nearby open houses (10)

Around this home

Schools

Property details

Sale and tax history for 11441 Asher St

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 11441 Asher St

This home may not be allowing tours right now

Nearby similar homes

New listings for sale in 91732

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