$1,300,000

3128 Mountain View Road, El Monte, CA 91732

6 beds |
4 baths

Multi-Family Home
Built in ——
9,139sqft lot
—— car garage
$——/sqft
Listed 2 months ago

Property Description

Two of three units delivered vacant and recently remodeled on adjacent R3 parcels in El Monte, priced at $1,300,000. Front 2BD/2BA house leased at $3,300 monthly. Rear duplex (two 2BD/1BA units) projected at $2,400 each. Projected GSI $97,200. Vacant delivery on the rear duplex lets the buyer set market rent at closing with no AB 1482 reset risk, no relocation exposure, no displacement cost. A rare open unit play in a submarket where tenant protection rules usually block immediate resets. Combined 9,139 SF R3 (EMR3YY) lot supports multifamily redevelopment. Cash flow today, land bank tomorrow. Tenants pay electric and gas. Owner covers water, sewer, trash, landscaping, insurance, taxes. Minutes to I-10, I-605, and SR-60. Walking distance to Metro El Monte Station, one of the largest transit hubs west of the Mississippi. Downtown LA sits 13 miles west, Pasadena 10 miles north, Industry and West Covina employment centers inside 15 minutes. San Gabriel Valley fundamentals stay strong: vacancy below LA County average, limited new supply, ongoing public investment via the El Monte Gateway master plan. Assessor reflects two SFRs on two parcels. Property currently operates as three units. Buyer to verify square footage, unit count, permits, and financials.

Listing Status:: Active
Date Added:: April 16, 2026
Data Last Updated:: July 5, 2026 at 7:12AM
Listing Office:: Rise Realty : 866-344-7473
Listing Agent:: Jake Ison : 949-630-6548
MLS ID:: OC26084351

Pool: N/K

General: 2 Story

HOA Amenities: 0.0
Originating MLS: California Regional MLS
County: Los Angeles

Zoning: Assessor8565018004

Source: California Regional MLS

This listing courtesy of Jake Ison , Rise Realty

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Principal & Interest $
Property Taxes $
Home Insurance $
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