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3335 California Ave 3 Unit Apartment Building $1,690,000 ($563,333/Unit) El Monte, CA 91731

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INVESTMENT HIGHLIGHTS

  • Walking Distance to Downtown, Civic Center, El Monte Police Department, & El Monte Mall
  • Alleyway Access
  • Large Lot for Greater Development with Zone Change
  • 2 Long Driveways (Trailer Parking)
  • 2 Separate Garages (1 Two Car & 1 One Car)

EXECUTIVE SUMMARY

Value-Add Triplex in El Monte. This 3-unit property is located within walking distance of Downtown Main Street, the Civic Center, the El Monte Police Department, and the El Monte Mall. Potential zone change would allow for greater multi-family development. Increasing property values through the ongoing El Monte Billion Dollar Investment Initiative that consists of over 40 considered projects including shopping, restaurants, entertainment, and much, much, more all aimed to further enhance the resident experience.

FINANCIAL SUMMARY (PRO FORMA - 2024)

ANNUAL ANNUAL PER SF
Gross Rental Income $120,000 $34.77
Other Income - -
Vacancy Loss - -
Effective Gross Income $120,000 $34.77
Net Operating Income - -

FINANCIAL SUMMARY (PRO FORMA - 2024)

Gross Rental Income
Annual $120,000
Annual Per SF $34.77
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $120,000
Annual Per SF $34.77
Net Operating Income
Annual -
Annual Per SF -

PROPERTY FACTS

Price $1,690,000
Price Per Unit $563,333
Sale Type Investment
No. Units 3
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Apartments
Apartment Style Low-Rise
Building Class C
Lot Size 0.34 AC
Building Size 3,451 SF
Average Occupancy 67%
No. Stories 2
Year Built 1947
Zoning EMR-1A - Low Density Residential

AMENITIES

UNIT AMENITIES

  • Balcony
  • Fireplace
  • Washer/Dryer Hookup
  • Kitchen
  • Hardwood Floors
  • Tub/Shower
  • Carpet
  • Yard
  • Porch

SITE AMENITIES

  • Fenced Lot

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
9+4 3 - -
Walk Score®
Very Walkable (87)
Bike Score®
Very Bikeable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
8579-015-018
Land Assessment
$189,513 (2025)
Improvements Assessment
$39,547 (2025)
Total Assessment
$229,060 (2025)
  • Listing ID: 31248677

  • Date on Market: 3/18/2024

  • Last Updated:

  • Address: 3335 California Ave, El Monte, CA 91731

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