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2840 Allgeyer Avenue, El Monte, CA 91732

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For Sale

$1,500,000

6 beds • 5 baths • 2,811 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $533.62
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

This spacious 22,532 square foot lot offers an attractive investment opportunity with seven potential rental units in the city of El Monte. The property currently includes five vacant units, plus pre-site plans for two additional ADUs. This property will provide an incredible rental income stream. Key Features: Five Vacant Units o Front Building (2840 & 2840 ½): 1,253 sq ft, featuring a 2-bedroom, 1-bath unit and a 1-bedroom, 1-bath unit. o Middle Unit: 600 sq ft with a 1-bedroom, 1-bath layout. o Left Unit: 540 sq ft with a 1-bedroom, 1-bath layout. o Rear Unit: 418 sq ft with a 1-bedroom, 1-bath layout. Development Potential: Plans for two ADUs (1,000 sq ft each) and a third 800 sq ft building, for a total of 7 rental units on the property. Whether you're an investor looking for an exciting development project or a buyer seeking immediate rental income, this property offers both options. The units are ready for renovation. Don t miss out on this great opportunity to invest in the potential of this large lot with room to grow.
MLS# WS25177673

Courtesy Of IRN Realty

(626) 447-5100

Open Houses

August

10

Sunday

In Person

Sunday, August 10, 2025

2:00PM - 4:00PM

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other

Map and Directions

Directions to 2840 Allgeyer Avenue, El Monte, CA 91732

Home seller CENTURY 21 Realty Masters

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Realty Masters

(323) 722-7300
Learn More About Us

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Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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