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$ 1,650,000
Est. payment | /mo
4 Beds
4 Baths
0.62 Acres Lot
$ 1,650,000
Est. payment | /mo
4 Beds
4 Baths
0.62 Acres Lot
Open House
Sun Apr 26, 1:00pm - 4:00pm
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID WS26067273
Bedrooms 4
Lot Size 0.622 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Exceptional investment and development opportunity on an expansive 27,114 sq ft lot, ideally located in El Monte on a quiet street near Arcadia, Temple City, and Monrovia. This versatile property is well-suited for investors, developers, or buyers seeking a multi-unit compound with strong income potential. The property features a 5-bedroom, 2-bath main residence ready for renovation, along with six additional 1-bedroom, 1-bath income-producing units situated at the rear. With three separate electric and gas meters, the layout offers flexibility for rental optimization, multi-generational living, or future repositioning. The oversized lot presents a compelling opportunity for expansion, redevelopment, or creating a private compound-style setting. Conveniently located moments away from the 210, 10, and 605 freeways, providing easy access throughout the San Gabriel Valley and greater Los Angeles area. Close to Arcadia, Temple City, and Monrovia, with nearby dining, shopping, and everyday amenities, enhancing long-term tenant appeal and future value. A unique opportunity to maximize income and unlock the full potential of this multi-unit property in a prime El Monte location.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction Peck Rd x Hemlock St
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 8541004018
Listed by ISABELLA SUN, DRE#02115974 CIRCA PROPERTIES, INC.
NEARBY SCHOOL & BUSINESS