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$ 3,600,000
Est. payment /mo
Price Dropped by $100K
3841 Peck RD El Monte, CA 91732
0.38 Acres Lot
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID TR26045458
HOA Y/N No
Year Built 1940
Lot Size 0.379 Acres
Property Sub-Type Apartment
Property Description
Rare opportunity to acquire a 20-unit multifamily investment property offered at $3,600,000. The property is currently 100% occupied and consists of 18 studio units and 2 one-bedroom/one-bath units. Strong in-place cash flow with upside potential through gradual rent repositioning. The building features a two-story layout with ample on-site surface parking and is located along a high-visibility commercial corridor with convenient access to major freeways, retail centers, and employment hubs. Ideal for 1031 exchange buyers or investors seeking a stabilized workforce housing asset with long-term appreciation potential. Do not disturb tenants. Drive-by only.
Location
State CA
County Los Angeles
Area 619 - El Monte
Interior
Fireplace No
Laundry None
Exterior
Pool None
Community Features Suburban
Private Pool No
Building
Lot Description Walkstreet
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 8568020003
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
Listed by Grace Zhang RE/MAX Galaxy 909-223-2297, DRE #01946544