$3,600,000
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.
Facts & features
- Laundry
- None
- Lot size
- 0.379 acres (16,496 sq ft)
- Pool
- None
- Year built
- 1940
- Area
- 619 - El Monte
- County
- Los Angeles
- Community features
- Suburban
- Status
- Active
- Property type
- Apartment
- Days on market
- 42
- Listed
- 2026-03-02
- Original price
- $3,700,000
- Terms
- Cash, Cash To New Loan, Conventional, Exchange 1031
- Parcel #
- 8568020003
- MLS #
- TR26045458