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Listed by Rise Realty, Jake Ison, Listing Contact: [email protected]

$1,230,000

3128 Mountain View RD, El Monte CA, 91732

Price per sqftN/A
Built in1933
Property typeMulti-family

Overview

Active

Listed Apr 19, 2026

Updated 8 days ago

Two of three units delivered vacant and recently remodeled on adjacent R3 parcels in El Monte, priced at $1,230,000. Front 2BD/2BA house leased at $3,300 monthly. Rear duplex (two 2BD/1BA units) projected at $2,400 each. Projected GSI $97,200. Vacant delivery on the rear duplex lets the buyer set market rent at closing with no AB 1482 reset risk, no relocation exposure, no displacement cost. A rare open unit play in a submarket where tenant protection rules usually block immediate resets. Combined ±9,139 SF R3 (EMR3YY) lot supports multifamily redevelopment. Cash flow today, land bank tomorrow. Tenants pay electric and gas. Owner covers water, sewer, trash, landscaping, insurance, taxes. Minutes to I-10, I-605, and SR-60. Walking distance to Metro El Monte Station, one of the largest transit hubs west of the Mississippi. Downtown LA sits 13 miles west, Pasadena 10 miles north, Industry and West Covina employment centers inside 15 minutes. San Gabriel Valley fundamentals stay strong: vacancy below LA County average, limited new supply, ongoing public investment via the El Monte Gateway master plan. Assessor reflects two SFRs on two parcels. Property currently operates as three units. Buyer to verify square footage, unit count, permits, and financials.

$8,183/mo

Est. mortgage payment based on a $1,230,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
CROC26084351

Interior Features

Basement
No

Exterior Features

Lot Size
0.21 Acres
MLS provider logo

Listed by Rise Realty, Jake Ison DRE:02243439,
Listing Contact: [email protected] 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Jessica Heredia | CA DRE# 02177869 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 3:12 AM UTC, 9/29/2026

 

 

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