2840 Allgeyer Avenue, El Monte, CA 91732 - MLS#WS25177673

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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 1,500,000

Est. payment | -/mo

5 Beds

4 Baths

Save

$ 1,500,000

Est. payment | -/mo

Save

5 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID WS25177673

Bedrooms 5

Property Sub-Type Res Income 2-4 Units

Property Description

This spacious 22,532 square foot lot offers an attractive investment opportunity with seven potential rental units in the city of El Monte. The property currently includes five vacant units, plus pre-site plans for two additional ADUs. This property will provide an incredible rental income stream. Five Vacant Units Front Building (2840 & 2840 ): 1,253 sq ft, featuring a 2-bedroom, 1-bath unit and a 1-bedroom, 1-bath unit. Middle Unit: 600 sq ft with a 1-bedroom, 1-bath layout. Left Unit: 540 sq ft with a 1-bedroom, 1-bath layout. Rear Unit: 418 sq ft with a 1-bedroom, 1-bath layout. Development Potential: Plans for two ADUs (1,000 sq ft each) and a third 800 sq ft building, for a total of 7 rental units on the property. Whether you're an investor looking for an exciting development project or a buyer seeking immediate rental income, this property offers both options. The units are ready for renovation. Dont miss out on this great opportunity to invest in the potential of this large lot with room to grow.

Location

State CA

County Los Angeles

Zoning Assessor

Direction Valley Blvd & Allgeyer Ave

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Tax ID 8106006003

Listed by CORA CHU IRN REALTY

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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2840 Allgeyer Avenue El Monte, CA 91732