3128 Mountain View Road, El Monte, CA 91732
Local realty services provided by:CENTURY 21 Fort Bragg Realty
3128 Mountain View Road,El Monte, CA 91732
$1,499,999
- - Beds
- - Baths
- 3,374 sq. ft.
- Multi-family
- Active
Listed by: jake ison
Office: rise realty866-344-7473
MLS#:OC26084351
Source:CRMLS
Price summary
- Price:$1,499,999
- Price per sq. ft.:$444.58
About this home
Three-unit multifamily investment on two adjacent parcels in the heart of El Monte, offered at $1,499,999 ($500,000/unit, 5.15% cap, 13.74 GRM). The offering consists of a detached front house and a rear duplex, sitting together on a combined ±9,139 SF R3 (EMR3YY) lot that permits multifamily redevelopment — providing a long-term land bank and entitlement story for investors and developers.
Two of three units are delivered fully vacant and recently remodeled, allowing the new owner to set rents to market on day one — a rare opportunity in an LA County submarket where rent control and tenant protection statutes typically prevent immediate rent resets. The front house (3128) is a 2BD/2BA single-family residence leased at $3,300/month, providing immediate cash flow while the rear duplex is leased up. The rear duplex (3130) consists of two 2BD/1BA units underwritten at $2,900/month market rent each. Projected gross income: $109,200 annually.
Tenants pay electricity and gas. Owner pays water, sewer, trash, landscaping, insurance, and taxes. No rent-control reset risk on the vacant rear units, no relocation costs, no displacement exposure.
Location: immediate access to the I-10, I-605, and SR-60 freeways and the Metro El Monte Station — one of the largest transit hubs west of the Mississippi. Directly adjacent to a retail corridor anchored by national tenants, driving tenant convenience and neighborhood activity. Downtown LA is approximately 13 miles west; Pasadena is 10 miles north; Industry, Irwindale, and West Covina employment centers are within a 15-minute drive.
San Gabriel Valley multifamily fundamentals remain strong: 65,000+ market-rate units, vacancy well below LA County average, limited new supply, and ongoing public investment including the El Monte Gateway master plan. Assessor records reflect original 1933/1938 construction as two SFRs on two parcels; property currently operates as three units. Buyer to verify all square footage, unit count, permits, and financials....
Contact an agent
Home facts
- Year built:1933
- Listing ID #:OC26084351
- Added:1 day(s) ago
- Updated:April 21, 2026 at 10:22 AM
Rooms and interior
- Living area:3,374 sq. ft.
Structure and exterior
- Year built:1933
- Building area:3,374 sq. ft.
- Lot area:0.21 Acres
- Lot Features:Back Yard, Front Yard
- Levels:2 Story
Utilities
- Water:Water Connected
- Sewer:Sewer Connected
Finances and disclosures
- Price:$1,499,999
- Price per sq. ft.:$444.58
Parking
- Total parking spaces:10
New listings near 3128 Mountain View Road
- New
$599,000Active0.17 Acres4004 Baldwin, El Monte, CA 91731
MLS# TR26084457Listed by: REALTY MASTERS & ASSOCIATES - New
$75,000Active1 beds 1 baths420 sq. ft.11017 Dodson #11, El Monte, CA 91733
MLS# DW26083919Listed by: CENTURY 21 ALLSTARS - New
$495,000Active2 beds 3 baths1,078 sq. ft.12543 Pinehurst, El Monte, CA 91732
MLS# CV26082851Listed by: COLDWELL BANKER LEADERS - New
$4,280,000Active1.05 Acres12432 Valley Boulevard, El Monte, CA 91732
MLS# AR26081351Listed by: RE/MAX PREMIER PROP ARCADIA - New
$860,000Active4 beds 3 baths2,076 sq. ft.12040 Clora, El Monte, CA 91732
MLS# AR26079697Listed by: WETRUST REALTY - New
$818,000Active3 beds 3 baths1,700 sq. ft.9532 Cortada, El Monte, CA 91733
MLS# WS26080258Listed by: ALLIANCE REALTY KINGDOM INC. - Open Sun, 12 to 2pmNew
$1,100,000Active-- beds -- baths2,750 sq. ft.12023 Hemlock Street, El Monte, CA 91732
MLS# CV26079939Listed by: PRIORITY ONE REALTY & LOANS - New
$1,070,000Active8 beds 4 baths3,166 sq. ft.11101 Bonwood Road, El Monte, CA 91733
MLS# OC26079949Listed by: NEXTGEN TEAM REALTY - New
$498,888Active2 beds 2 baths1,013 sq. ft.11829 Ferris Road #C, El Monte, CA 91732
MLS# WS26070399Listed by: WETRUST REALTY