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El Monte Value Add 4 Plex 11112 Concert St 4 Unit Apartment Building $999,999 ($250,000/Unit) 3.96% Cap Rate El Monte, CA 91731



Executive Summary
Investment Opportunity – Value-Add Fourplex with Future Upside Potential
Rare opportunity to acquire a charming four-unit income property featuring four detached cottage-style residences situated on a cozy, park-like lot. The unique layout provides tenants with a greater sense of privacy and independence than traditional apartment living, while enjoying mature trees, abundant green space, and ample on-site parking.
This value-add property offers investors the potential to increase rental income through unit improvements and may present opportunities for additional development, including possible ADUs or expansion of the existing unit count, subject to buyer verification and approval from local authorities.
The property has benefited from upgraded electrical infrastructure, providing added value and supporting future improvements or expansion possibilities. Investors will appreciate the combination of existing income, utility upgrades, and long-term upside potential.
Ideally located near parks, the library, schools, shopping, dining, and public transportation, the property offers strong tenant appeal and convenient access to major commuter routes. Whether you're seeking a stable income-producing asset with future upside or a redevelopment opportunity, this property combines current cash flow with long-term growth potential.
Property Highlights:
Four detached cottage-style units
Value-add investment opportunity
Potential for ADUs or additional units (buyer to verify)
Upgraded electrical system
Spacious lot with mature trees and green space
Ample on-site parking
Strong tenant appeal and rental demand
Close to parks, library, schools, shopping, dining, and public transportation
Easy access to major commuter corridors
A rare opportunity to own a character-rich income property with significant upside potential, modernized electrical improvements, and future development possibilities in a highly desirable rental market.
Rare opportunity to acquire a charming four-unit income property featuring four detached cottage-style residences situated on a cozy, park-like lot. The unique layout provides tenants with a greater sense of privacy and independence than traditional apartment living, while enjoying mature trees, abundant green space, and ample on-site parking.
This value-add property offers investors the potential to increase rental income through unit improvements and may present opportunities for additional development, including possible ADUs or expansion of the existing unit count, subject to buyer verification and approval from local authorities.
The property has benefited from upgraded electrical infrastructure, providing added value and supporting future improvements or expansion possibilities. Investors will appreciate the combination of existing income, utility upgrades, and long-term upside potential.
Ideally located near parks, the library, schools, shopping, dining, and public transportation, the property offers strong tenant appeal and convenient access to major commuter routes. Whether you're seeking a stable income-producing asset with future upside or a redevelopment opportunity, this property combines current cash flow with long-term growth potential.
Property Highlights:
Four detached cottage-style units
Value-add investment opportunity
Potential for ADUs or additional units (buyer to verify)
Upgraded electrical system
Spacious lot with mature trees and green space
Ample on-site parking
Strong tenant appeal and rental demand
Close to parks, library, schools, shopping, dining, and public transportation
Easy access to major commuter corridors
A rare opportunity to own a character-rich income property with significant upside potential, modernized electrical improvements, and future development possibilities in a highly desirable rental market.
Property Facts In Escrow
| Price | $999,999 | Property Subtype | Apartment |
| Price Per Unit | $250,000 | Apartment Style | Garden |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 3.96% | Lot Size | 0.19 AC |
| Gross Rent Multiplier | 16 | Building Size | 2,302 SF |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1954 |
| Zoning | EMR3YY - Buyer to verify. Obtained from County Assessor | ||
| Price | $999,999 |
| Price Per Unit | $250,000 |
| Sale Type | Investment |
| Cap Rate | 3.96% |
| Gross Rent Multiplier | 16 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 2,302 SF |
| No. Stories | 1 |
| Year Built | 1954 |
| Zoning | EMR3YY - Buyer to verify. Obtained from County Assessor |
Amenities
Unit Amenities
- Air Conditioning
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | - | - |
| 1+1 | 2 | - | - |
| Studios | 1 | - | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 8566-008-020 | Improvements Assessment | $127,561 |
| Land Assessment | $156,761 | Total Assessment | $284,322 |
Property Taxes
Parcel Number
8566-008-020
Land Assessment
$156,761
Improvements Assessment
$127,561
Total Assessment
$284,322
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El Monte Value Add 4 Plex | 11112 Concert St
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