3438 Gilman Road
El Monte, CA 91732
- 5 beds
- – baths
- 2,446 sqft
- 5,300 sqft lot
- $374 per sqft
- 1962 build
- – on site
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JUST REDUCED! We are pleased to present a 4-Unit multi-family investment opportunity in the prime area of North El Monte. This fourplex features (1) 2-Bed/1-Bath unit, and (3) 1-Bed/1-Bath units. Tenants have access to on-site carport parking and yard space. Each unit is separately metered for gas and electricity. This property offers a substantial 45% potential upside in rental income, making it an attractive prospect for maximizing return on investment. Moreover, the property enjoys the advantage of no local city rent control, giving you the flexibility to reposition tenants with a "substantial remodel" approach in an effort to obtain competitive rental rates, and optimize your investment strategy. One unit to be delivered vacant at the close of escrow.
Last checked:
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Last updated Jul 3, 2024
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MLS# CRCV24015480 —
The Building
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Year Built:1962
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Building Area Total:2446
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Building Area Units:Square Feet
Room Dimensions
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Living Area:2446
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Living Area Units:Square Feet
Location
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Directions:North of I-10, West of I-605; Near the Intersectio
The Property
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Property Type:Residential Income
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Property Subtype:OTHER
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Lot Size Area:0.12
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Lot Size Acres:0.12
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Lot Size SqFt:5300
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Lot Size Units:Acres
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Exterior Features:Other
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Zoning:EMR3
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Parcel Number:8549041002
Listing Agent
- Contact info:
- Agent phone:
- (626) 427-0786
Taxes
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Tax Tract:4333.07
Beds
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Bedrooms Total:5
The Listing
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Listing TermsCash
Appliances
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Laundry Features:Other
The Community
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Association:false
Parking
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Parking Total:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
7/3/24
Jul 3, 2024
|
Sold | BRIDGE | $915,000 | -3.7% |
|
5/2/24
May 2, 2024
|
Pending | BRIDGE | $950,000 | |
|
3/20/24
Mar 20, 2024
|
Relisted | BRIDGE | $950,000 | -2.6% |
