Maywood Property Group is pleased to present a rare and highly desirable investment opportunity in the heart of El Monte. This exceptional multi-family asset consists of (17) two-bedroom / one-bathroom units and (1) three-bedroom unit, strategically spread across four-contiguous parcels spanning nearly one acre of landa prime setup for maximum ADU development potential.Positioned on a quiet cul-de-sac, the property offers over 40 surface parking spaces, enhancing convenience for tenants. Additionally, it benefits from a strategic location north of the 10 Freeway, providing seamless access to major transit routes. Within 0.3 miles, residents enjoy proximity to leading retailers, restaurants, and lifestyle amenities, including Target, Walgreens, Dennys, Big 5, Wendy's, Planet Fitness, and more.With no local rent control and over 30% rental upside, this asset presents significant value-add potential. Additional revenue opportunities include RUBS income and the ability to further optimize cash flow through strategic ADU expansion.This is an outstanding opportunity to acquire a well-located, high-demand multifamily asset with immediate and long-term value appreciation potential.
Days on market: 8
Listing updated: April 09, 2025 - 12:04:04
Listed by: Nicholas Hayner DRE #02090908 310-650-9696, Maywood Property Group - Out of Area Board
Source: Out of Area Board, MLS#: CLW-X78796 Originating MLS: CRMLS
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