4159 Gilman, El Monte, CA 91732

Property Description

Prime 5-Unit Value-Add Investment in Rapidly Gentrifying West SGV area (No Local Rent Control) | Highly Desirable Layout SFR + Fourplex | Major CAPEX have been completed (Roof, Electrical, Sewer, and Plumbing) | First Time on Market in 21 Years. For the first time in over two decades, 4159 Gilman Rd., a 5-unit value-add investment opportunity in one of El Monte's most rapidly gentrifying neighborhoods. Situated on a sprawling 12,100+ SF R3 lot, this unique 5-unit property features an ideal layout comprising a large single-family home in the front and a detached fourplex in the rear. This offering provides a 5.20% In-place CAP Rate with a clear upside to take it to 7.21% Proforma CAP Rate. The property was built in 1946 and consists of 2 buildings, a front single family house, and a fourplex. The property boasts a superb unit mix of all two-bedroom units, including a front house with a bonus den, and offers substantial upside potential through ADU development and laundry income. The property has undergone significant and major recent capital expenditures, including a new roof, upgraded electrical panels, a re-sleeved sewer line, a replaced main water line, and most recently a driveway recoat -significantly limiting future deferred maintenance. Most of these upgrades were completed

Listing Status:

Active

Date Added:

March 23, 2026

Data Last Updated:

April 1, 2026 at 7:08PM

Listing Office:

Growth Investment Group Pasade :

Listing Agent:

Handoko Chen : 626-224-2495

MLS ID:

CRAR26062944

Interior

• Laundry: No Hookups
• Flooring: LaminateVinylWood
• A/C: Wall/Window Unit(s)
• Heating: Wall Furnace

Exterior

• Parking: AssignedOther

Construction

• General: Stucco

Location

• HOA Amenities: 0.0
• County: Los Angeles

Lot

• Zoning: 8549002002