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11441 Asher St
El Monte, CA 91732 El Monte City

$12,500,000 USD

Apartments For Sale • 39,989 SF

Property Details

Property Type Apartments
Total Building Size 39,989 SF
Lot Size 1.39 AC
Building Class C
Year Built 1963
Cap Rate 6.04 %
Zoning EMR4YY

50 Transit Score

60 Walk Score

                
                    Highlights
                
                                Multi-Generational Asset, First Time on The Market in Over 40 Years
                            
                                Priced Under $200,000 Per Unit, With Approx. 25% Upside in Rents
                            
                                6% Cap Rate on Current, 8.1% with Market Rents
                            
                                Gated Community with Recently Replaced Roof and Individual Water Heaters
                            
                                Located in a Qualified Opportunity Zone

Cap Rate:

6.04 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Asher Apartments

Public Transportation

Commuter Rail	Drive	Walk	Distance
El Monte (San Bernardino Line - Southern California Regional Rail Authority (Metrolink))	3 min	19 min	1.0 mi
Baldwin Park (San Bernardino Line - Southern California Regional Rail Authority (Metrolink))	10 min	-	4.7 mi
Airport	Drive	Walk	Distance
Long Beach (Daugherty Field)	34 min	-	22.9 mi
Ontario International	34 min	-	26.7 mi
Bob Hope	36 min	-	27.6 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	65
Type:	Surface
Included in Rent:	Yes

Ryan Loria 714-604-6608 Triqor Group

11441 Asher St El Monte, CA 91732 El Monte City