El Monte Real Estate

Top Selling El Monte Real Estate Agents -El Monte Real Estate For Sale

$7,800,000
OC26182244 MLS Active Status
Baldwin Valley Apartments presents a rare opportunity to acquire a 41-unit multifamily community located at 10012 Valley Boulevard in El Monte, in the heart of the San Gabriel Valley. Offered at $7,800,000, the property was built in 1961 and contains approximately 23,975 rentable square feet on a 0.85-acre site. The unit mix consists of 21 studios, 16 one-bedroom/one-bath units, two two-bedroom/one-bath units, and two two-bedroom/two-bath units. The property offers an attractive combination of current income and identifiable rental upside. Approximately 25% of the units have been extensively renovated, with renovated units achieving a demonstrated rental premium over classic units. In-place rents remain below asking rents, providing an opportunity to increase income through natural turnover and continuation of the existing renovation program. Additional potential income opportunities include increasing carport parking charges and implementing a ratio utility billing system (RUBS) to recover a portion of master-metered utility expenses. Community amenities include a swimming pool, controlled access, on-site laundry, garden/courtyard areas and covered parking. The property provides approximately one parking space per unit, including 39 carports, one two-car garage and one surface space. Electricity is individually metered, while gas, water, sewer and trash are master metered. At the asking price, the property is offered at approximately $190,244 per unit and $325 per square foot, with a 5.74% current/pro forma capitalization rate and a projected 6.00% plus Year-1 capitalization rate. Average in-place rent is approximately $1,539 per unit compared with average asking rent of approximately $1,671. Baldwin Valley Apartments is strategically located near Interstate 10 and State Route 60 and approximately one mile from the El Monte Metrolink Station and less than one mile from El Monte Station, providing residents convenient connectivity throughout the San Gabriel Valley and greater Los Angeles employment market. The combination of existing cash flow, proven renovation upside, additional operational income opportunities and a transit-oriented location make Baldwin Valley Apartments an attractive value-add multifamily investment opportunity. ADU potential exists as additional upside and buyer to verify. Recent Capital Improvements include the roof, electrical system, windows, and parking lot slurry seal.

10012 Valley, El Monte

$4,500,000
TR26056692 MLS Active Status
SB 79 LIVE – 18-Unit Stabilized Multifamily + Immediate Transit-Oriented Redevelopment Upside. This 18-unit single-story apartment building (all studios, approximately 400 sq ft each) offers both strong current cash flow and immediate by-right density upside under the state’s new transit-oriented development law. Built in 1968 on a flat 0.61-acre rectangular lot with gated access, carport/open parking, on-site laundry income, separate electric meters, and an on-site manager unit. Owner-reported average rents of approximately $1,050 per unit remain well below current El Monte studio market rents (approximately $1,300–$1,550). Strategically located just 0.48 miles (straight-line) from El Monte Station (Metrolink + Metro J Line BRT). Zoned EMR-4 and now eligible for SB 79 density, height, and parking standards in a qualifying TOD zone. Potential to redevelop into 60–75+ units with incentives — a significant equity creation opportunity for value-add investors and developers. Ideal for buyers seeking stabilized income today with a clear, state-backed path to higher density. Important: Buyers and buyer’s agents must independently verify all information, including but not limited to unit sizes, actual rents and expenses, zoning, environmental conditions, flood zone status, tenant estoppels, and SB 79 eligibility (professional survey confirmation required). No representations or warranties are made by the seller, listing agent, or any party. Property is sold “AS-IS, WHERE-IS.”

4225 Tyler, El Monte

$3,980,000
AR26185633 MLS Active Status
DEVELOPER'S DREAM!! RARE OPPORTUNITY to acquire a flat rectangular 1.07 Acres of R3 zoned property with 205 feet of combined street frontage in prime centralized location in the City of El Monte. Currently there are some income producing multi-residential properties on the land and an on-site parking area. Value is mainly in the land and its redevelopment potential. Occupied units are on a month-to-month term to facilitate quick termination for investor's development plans. The property is comprised of three individual parcels with separate addresses which are to be sold together. APN: 8105013015 consists of 2620 Tyler Ave (2BR+1BA) and 2622 Tyler Ave (3BR+1BA). APN: 8105013016 consists of 2630 Tyler Ave (3BR+1BA) and 2630-1/2 Tyler Ave (1BR+1BA). APN: 8105013017 consists of 2634 Tyler Ave (2BR+1BA) and 2634-1/2 Tyler Ave (3BR+1BA). Property is located within blocks from El Monte High School, elementary schools, El Monte Community Center, El Monte Aquatics Center, County Library, local parks, markets, restaurants, and access to the freeway. Value is mainly in the land of the combined parcels which has the potential to be developed into 15 units (PUDs or Townhouses or Condos). Medium Density R3 Zone allows for 10-14 units per acre. Buyer(s) to independently verify all information with appropriate professionals and authorities including but not limited to the number of units, number of bedroom & bathroom counts, and intended uses and/or development requirements. In recent years, there are many new/newer development communities nearby (within approx. 1 mi radius) including the Solstice 70 Community at SEC of Tyler Av & Garvey Av., Clementine Community (40 units) on Santa Anita Av. just south of Garvey Av, KB Home Belcourt Place (82 SFR units); KB Home Jade (87 Townhome units), and Brookhaven by Century Communities (61 Townhomes almost sold out). Property to be sold "as is" in their present physical condition.

2620 Tyler Avenue, El Monte

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.