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3128 Mountain View Rd
El Monte, CA 91732 Mountain View

$1,500,000 USD

Apartments For Sale  •  9,139 SF

Property Details

  • Property Type Apartments
  • Total Building Size 9,139 SF
  • Lot Size 0.21 AC
  • Building Class C
  • Year Built 1933
  • Cap Rate 5.15 %
  • Zoning R-3
60 Transit Score
60 Walk Score

Highlights

Two fully renovated units delivered vacant, allowing immediate lease-up at market rents.
Existing long-term tenant in the front house generating $3,300 monthly rent for immediate cash flow.
R3 multifamily zoning offers future redevelopment potential on a ±9,139 SF combined lot.
Centrally located in El Monte with excellent access to I-10, I-605, SR-60, and Metro El Monte Station.
Close proximity to a thriving retail corridor with national tenants and strong neighborhood amenities.
Tenants responsible for electricity and gas, reducing owner’s operating expenses.
Cap Rate: 5.15 %

Public Transportation

Commuter RailDriveWalkDistance
El Monte (San Bernardino Line - Southern California Regional Rail Authority (Metrolink)) 3 min - 1.3 mi
Baldwin Park (San Bernardino Line - Southern California Regional Rail Authority (Metrolink)) 8 min - 4.3 mi
AirportDriveWalkDistance
Long Beach (Daugherty Field) 32 min - 23.8 mi
Bob Hope 36 min - 28.1 mi
Los Angeles International 40 min - 32.0 mi
Jake Ison 949-630-6548 Rise Realty
Jake Ison 949-630-6548 Rise Realty