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$1,098,000
CV26075876 MLS ⋅ Active Under Contract Status
Rare opportunity to own a multi-unit residential income property with the flexibility to live in one unit while generating rental income from the others. The property features five total units, including one 2-bedroom, 1-bath unit ideal for owner occupancy, plus four 1-bedroom, 1-bath units offering strong income potential and multiple revenue streams. Each unit offers a functional layout with dedicated living area and kitchens. Washer hookups are located inside each unit, with dryer hookups conveniently positioned outside, adding everyday convenience for occupants. The property includes a large on-site parking area with ample space for multiple vehicles, along with a covered parking structure. The lot size and layout may offer potential for additional units or further development, subject to buyer investigation and verification with the city. A shared yard area with a mature shade tree provides additional outdoor space for residents. Well-suited for investors or buyers seeking to offset their mortgage with rental income, this property offers versatility for multi-generational living or long-term investment. Conveniently located near shopping, dining, schools, and major transportation routes, enhancing its appeal for both occupants and tenants.

2515 Mountain View Road, El Monte
$4,500,000
TR26056692 MLS ⋅ Active Status
SB 79 LIVE – 18-Unit Stabilized Multifamily + Immediate Transit-Oriented Redevelopment Upside. This 18-unit single-story apartment building (all studios, approximately 400 sq ft each) offers both strong current cash flow and immediate by-right density upside under the state’s new transit-oriented development law. Built in 1968 on a flat 0.61-acre rectangular lot with gated access, carport/open parking, on-site laundry income, separate electric meters, and an on-site manager unit. Owner-reported average rents of approximately $1,050 per unit remain well below current El Monte studio market rents (approximately $1,300–$1,550). Strategically located just 0.48 miles (straight-line) from El Monte Station (Metrolink + Metro J Line BRT). Zoned EMR-4 and now eligible for SB 79 density, height, and parking standards in a qualifying TOD zone. Potential to redevelop into 60–75+ units with incentives — a significant equity creation opportunity for value-add investors and developers. Ideal for buyers seeking stabilized income today with a clear, state-backed path to higher density. Important: Buyers and buyer’s agents must independently verify all information, including but not limited to unit sizes, actual rents and expenses, zoning, environmental conditions, flood zone status, tenant estoppels, and SB 79 eligibility (professional survey confirmation required). No representations or warranties are made by the seller, listing agent, or any party. Property is sold “AS-IS, WHERE-IS.”

4225 Tyler, El Monte

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.