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Pending

$1,150,000

9,139 sqft$126/sqft201 days on market

3128 Mountain View Road

El Monte, CA 91732

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

9,139

Square feet

1933

Built

Listing narrative

Description

Two of three units delivered vacant and recently remodeled on adjacent R3 parcels in El Monte, priced at $1,230,000. Front 2BD/2BA house leased at $3,300 monthly. Rear duplex (two 2BD/1BA units) projected at $2,400 each. Projected GSI $97,200. Vacant delivery on the rear duplex lets the buyer set market rent at closing with no AB 1482 reset risk, no relocation exposure, no displacement cost. A rare open unit play in a submarket where tenant protection rules usually block immediate resets. Combined ±9,139 SF R3 (EMR3YY) lot supports multifamily redevelopment. Cash flow today, land bank tomorrow. Tenants pay electric and gas. Owner covers water, sewer, trash, landscaping, insurance, taxes. Minutes to I-10, I-605, and SR-60. Walking distance to Metro El Monte Station, one of the largest transit hubs west of the Mississippi. Downtown LA sits 13 miles west, Pasadena 10 miles north, Industry and West Covina employment centers inside 15 minutes. San Gabriel Valley fundamentals stay strong: vacancy below LA County average, limited new supply, ongoing public investment via the El Monte Gateway master plan. Assessor reflects two SFRs on two parcels. Property currently operates as three units. Buyer to verify square footage, unit count, permits, and financials.

Listing agent (MLS): Jake Ison · Listing brokerage (MLS): Rise Realty

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$1,150,000

Beds

Beds n/a

Type

Multi-Family

Home Size

9,139 sqft

Baths

Baths n/a

Lot Size

0.21 acres

Year

1933

Status

Pending

Days on Market

201

$ / Sqft

$126

· 8% down, 7% APR, 30yr fixed
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Courtesy of Rise Realty