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$1,499,999
3128 Mountain View Road, El Monte, CA 91732
6Beds
4Baths
3Days Listed
About This Property
Three-unit multifamily investment on two adjacent parcels in the heart of El Monte, offered at $1,499,999 ($500,000/unit, 5.15% cap, 13.74 GRM). The offering consists of a detached front house and a rear duplex, sitting together on a combined 9,139 SF R3 (EMR3YY) lot that permits multifamily redevelopment providing a long-term land bank and entitlement story for investors and developers. Two of three units are delivered fully vacant and recently remodeled, allowing the new owner to set rents to market on day one a rare opportunity in an LA County submarket where rent control and tenant protection statutes typically prevent immediate rent resets. The front house (3128) is a 2BD/2BA single-family residence leased at $3,300/month, providing immediate cash flow while the rear duplex is leased up. The rear duplex (3130) consists of two 2BD/1BA units underwritten at $2,900/month market rent each. Projected gross income: $109,200 annually. Tenants pay electricity and gas. Owner pays water, sewer, trash, landscaping, insurance, and taxes. No rent-control reset risk on the vacant rear units, no relocation costs, no displacement exposure. Location: immediate access to the I-10, I-605, and SR-60 freeways and the Metro El Monte Station one of the largest transit hubs west of the Mississippi. Directly adjacent to a retail corridor anchored by national tenants, driving tenant convenience and neighborhood activity. Downtown LA is approximately 13 miles west; Pasadena is 10 miles north; Industry, Irwindale, and West Covina employment centers are within a 15-minute drive. San Gabriel Val
Property Location
Map
Property Details
- Property Type
- Res Income 2-4 Units
- Bedrooms
- 6
- Bathrooms
- 4
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Active
- Days on Market
- 3
- Cumulative Days on Market
- 1
- Original Price
- $1,499,999
Location & Neighborhood
What's nearby 3128 Mountain View Road, El Monte, CA 91732
Nearby Schools
- Willard F Payne Elementary School0.2 mi
elementary
- Jenny T Baker Elementary Shcool0.3 mi
elementary
Transit Access
- Foothill Transit 17811 yrd
Bus Stop
- 46 yrd
- Foothill Transit 178, 19450 yrd
Bus Stop
- Foothill Transit 19463 yrd
Bus Stop
- Foothill Transit 194, 2820.1 mi
Bus Stop
Local Amenities
Dining
- China Great Buffet0.1 mi
Coffee & Cafes
- Starbucks0.1 mi
POI data updated 4/19/2026
El Monte Market Snapshot
151
Active Listings
$718K
Median Price
71
Avg Days on Market
Last updated: Apr 19, 2026
Listed by
Jake Ison, Rise Realty · 949-630-6548
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.
$1,499,999