2921 Allgeyer Ave | El Monte, CA 91732
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- LoopNet Team
2921 Allgeyer Ave
El Monte, CA 91732
Multifamily Property For Sale
·
18 Units
INVESTMENT HIGHLIGHTS
- Multi-Generational Asset, First Time on The Market in 50 Years!
- 5% Cap Rate on Current, 6.1% with Market Rents
- New Roof Installed in 2025, Electric Panels Have Been Upgraded
- Ideal Unit Mix Consisting of Large 1 and 2-Bedroom Units
- Located in El Monte’s Qualified Opportunity Zone, Huge Development and ADU Opportunity
PROPERTY FACTS
| No. Units | 18 | Lot Size | 0.78 AC |
| Property Type | Multifamily | Building Size | 12,656 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1959 |
| Building Class | C | ||
| Zoning | EMR3YY - Residential | ||
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.78 AC |
| Building Size | 12,656 SF |
| No. Stories | 2 |
| Year Built | 1959 |
| Zoning | EMR3YY - Residential |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 10 | $1,542 | 600 |
| 2+1 | 8 | $1,803 | 800 |
PROPERTY TAXES
| Parcel Number | 8106-003-026 | Improvements Assessment | $313,792 |
| Land Assessment | $38,956 | Total Assessment | $352,748 |
PROPERTY TAXES
Parcel Number
8106-003-026
Land Assessment
$38,956
Improvements Assessment
$313,792
Total Assessment
$352,748
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