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11441 Asher Street, El Monte, CA 91732

El Monte
Local realty services provided by:CENTURY 21 Masters
11441 Asher Street,El Monte, CA 91732
$12,500,000
  • 1 Beds
  • 1 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: ryan loria
Office: triqor group
MLS#:PW26196840
Source:San Diego MLS via CRMLS

Price summary

  • Price:$12,500,000

About this home

We are pleased to present the exclusive opportunity to acquire Asher Apartments, a well-maintained 65-unit multifamily community located in El Monte, California. Offered for sale for the first time in more than 40 years, this property represents a rare chance to acquire a generational asset with substantial value-add potential in one of the San Gabriel Valleys strongest rental markets. The property features spacious one-bedroom units with interior upgrades including laminate wood and tile flooring, updated kitchens and bathrooms. Residents benefit from a secure, gated community with controlled-access parking, an on-site laundry facility, individual water heaters, and a new roof installed in 2020. Currently operating at an attractive 6.0% cap rate, Asher Apartments offers approximately 25% upside in rental income. By repositioning the asset to market rents, an investor has the opportunity to increase cash flow and achieve an estimated 8.1% pro forma cap rate. Situated on an oversized...

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Home facts

  • Listing ID #:PW26196840
  • Added:3 day(s) ago
  • Updated:September 12, 2026 at 03:08 PM

Rooms and interior

  • Bedrooms:1
  • Total bathrooms:1

Finances and disclosures

  • Price:$12,500,000
MLS LogoThis information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS®, Inc. SANDICOR Member Broker: Randy Thompson

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