2403 Lee Avenue, South El Monte, CA 91733 - Photo 1 of 7, South El Monte, CA
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Sold$1,150,000on Jul 11, 2025

2403 Lee Avenue, South El Monte, CA 91733

RE/MAX 2000 REALTY
9Beds
5Baths
0
15Days Listed

About This Property

PRICED TO SELL! We are pleased to exclusively offer for sale this 5-unit multi-family property located in the city of South El Monte, a prime rental community in the San Gabriel Valley. The subject property offers an exceptional "value-add" opportunity with an unbeatable price per unit and price per square foot. Spanning 4,390 rentable square feet on a 10,336 square foot lot, the property features two single-story Cottages and a two-story Triplex with a versatile unit mix. This includes one 3-Bedroom/2-Bath cottage (originally permitted as a commercial space and later converted to residential use), one 2-Bedroom/1-Bath cottage, three 2-Bedroom/1-Bath units (Triplex), and a non-conforming 2-Bedroom/1-bath unit currently utilizing the onsite garage space. Each unit is separately metered for electricity and gas, providing operational efficiency and reducing owner expenses. With significant upside in rental income, this property is well-suited for investors looking to reposition the asset and capitalize on market rents. The property is priced to sell and must be purchased in as-is condition. Buyers are advised to independently verify the legal square footage and bedroom/bathroom count. With strong fundamentals, substantial upside opportunity, and high potential cash returns, this offering is a rare find in a high-demand rental submarket.

Property Location

Map

Property Details

Property Type
Res Income 2-4 Units
Bedrooms
9
Bathrooms
5
Building Area
0 Sqft
Living Area
0 sqft
Year Built
0
Status
Sold
Days on Market
15
Cumulative Days on Market
16
Original Price
$1,100,000

Location & Neighborhood

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South El Monte Market Snapshot

20

Active Listings

$835K

Median Price

36

Avg Days on Market

Last updated: Jul 12, 2025

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Listed by

Kristopher German, RE/MAX 2000 REALTY · 909-645-0443

Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. 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.

$1,100,000