$1,650,000
Exceptional investment and development opportunity on an expansive 27,114 sq ft lot, ideally located in El Monte on a quiet street near Arcadia, Temple City, and Monrovia. This versatile property is well-suited for investors, developers, or buyers seeking a multi-unit compound with strong income potential. The property features a 5-bedroom, 2-bath main residence ready for renovation, along with six additional 1-bedroom, 1-bath income-producing units situated at the rear. With three separate electric and gas meters, the layout offers flexibility for rental optimization, multi-generational living, or future repositioning. The oversized lot presents a compelling opportunity for expansion, redevelopment, or creating a private compound-style setting. Conveniently located moments away from the 210, 10, and 605 freeways, providing easy access throughout the San Gabriel Valley and greater Los Angeles area. Close to Arcadia, Temple City, and Monrovia, with nearby dining, shopping, and everyday amenities, enhancing long-term tenant appeal and future value. A unique opportunity to maximize income and unlock the full potential of this multi-unit property in a prime El Monte location.
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Listed by ISABELLA SUN with CIRCA PROPERTIES, INC. (714) 203-6814
Property Type
Quadruplex
Status
Active
MLS Number
WS26073374
Year Built
1926
Lot Size
0.62 acres