Log In/Sign Up
Your email has been sent.
2808-2824 Maxson Rd 7 Unit Apartment Building $1,500,000 ($214,286/Unit) 4.03% Cap Rate El Monte, CA 91732



INVESTMENT HIGHLIGHTS
- Centrally Located in The SGV: Convenient Access to The I-10, I-605, and SR-60 Freeways, Connecting Tenants to Major Employment & Retail/Entertainment
- Strong Value-Add Potential: Rents are Approximately 27% Below Market, Providing Excellent Future Potential for a New Buyer
- Stable Rental Demand: Strong Working-Class Community, Proximity to Major Employment Centers, and Consistent Housing Demand Ensure Reliable Occupancy
- Desirable Unit Mix – 7 Total Units Across 4 Buildings: Offers 1 Bedroom Layouts with Patios and/or Yards, Ideal for Long-term Tenant Retention
- Ample Lot Size – 16,042 Sf (0.37 ACRES): Provides Open Space, On-Site Parking, and Potential for Future Redevelopment or Expansion (Buyer To Verify)
- Excellent Accessibility: Located Near El Monte Station, Valley Blvd Retail Corridors, & Regional Transit, Making it a Convenient Commuter Choice
EXECUTIVE SUMMARY
Lyon Stahl is pleased to present 2808 Maxson Rd, a 7-unit multi-family property located in the highly desirable city of El Monte, California. Built in 1947, the property consists of four buildings totaling approximately 3,901 rentable square feet, situated on a 16,042-square-foot lot (0.37 acres). The unit mix includes seven one-bedroom apartments, catering to a diverse tenant base and ensuring steady rental demand.
Ideally positioned in a quiet residential neighborhood, 2808 Maxson Rd is surrounded primarily by single-family homes, offering tenants a peaceful and community-oriented living environment. The property provides ample on-site parking and open space, enhancing the overall appeal and convenience for residents.
El Monte continues to experience strong rental demand and steady population growth due to its central location within the San Gabriel Valley. With close proximity to major freeways including the I-10, I-605, and SR-60, tenants enjoy convenient access to surrounding employment hubs such as Pasadena, West Covina, and Downtown Los Angeles. The property also benefits from its proximity to key local amenities, including schools, parks, restaurants, and shopping centers.
This well-maintained property represents a rare opportunity to acquire a value-add multi-family asset in one of Los Angeles County’s most stable and in-demand rental markets. With strong in-place income, additional upside in rents, and potential for strategic improvements, 2808 Maxson Rd offers both immediate cash flow and long-term growth potential for savvy investors.
Ideally positioned in a quiet residential neighborhood, 2808 Maxson Rd is surrounded primarily by single-family homes, offering tenants a peaceful and community-oriented living environment. The property provides ample on-site parking and open space, enhancing the overall appeal and convenience for residents.
El Monte continues to experience strong rental demand and steady population growth due to its central location within the San Gabriel Valley. With close proximity to major freeways including the I-10, I-605, and SR-60, tenants enjoy convenient access to surrounding employment hubs such as Pasadena, West Covina, and Downtown Los Angeles. The property also benefits from its proximity to key local amenities, including schools, parks, restaurants, and shopping centers.
This well-maintained property represents a rare opportunity to acquire a value-add multi-family asset in one of Los Angeles County’s most stable and in-demand rental markets. With strong in-place income, additional upside in rents, and potential for strategic improvements, 2808 Maxson Rd offers both immediate cash flow and long-term growth potential for savvy investors.
DATA ROOM Click Here to Access
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $1,500,000 | Building Class | C |
| Price Per Unit | $214,286 | Lot Size | 0.36 AC |
| Sale Type | Investment | Building Size | 2,903 SF |
| Cap Rate | 4.03% | Average Occupancy | 100% |
| Gross Rent Multiplier | 12.93 | No. Stories | 1 |
| No. Units | 7 | Year Built | 1947 |
| Property Type | Multifamily | Parking Ratio | 3.44/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Garden | ||
| Zoning | R3, El Monte | ||
| Price | $1,500,000 |
| Price Per Unit | $214,286 |
| Sale Type | Investment |
| Cap Rate | 4.03% |
| Gross Rent Multiplier | 12.93 |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.36 AC |
| Building Size | 2,903 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1947 |
| Parking Ratio | 3.44/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R3, El Monte |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 7 | - | - |
1 1
Walk Score®
Very Walkable (72)
PROPERTY TAXES
| Parcel Number | 8106-011-006 | Improvements Assessment | $118,596 (2025) |
| Land Assessment | $135,543 (2025) | Total Assessment | $254,139 (2025) |
PROPERTY TAXES
Parcel Number
8106-011-006
Land Assessment
$135,543 (2025)
Improvements Assessment
$118,596 (2025)
Total Assessment
$254,139 (2025)
1 of 7
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
2808-2824 Maxson Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
