2808-2824 Maxson Rd - Apartments FOR SALE


El Monte, CA 91732- Mountain View
$1,500,000 USD
562-512-0996
2808-2824 Maxson Rd, El Monte, CA for Sale
$1,500,000 USD
Apartments - FOR SALE
1/6
null | 4.03% Cap Rate

2808-2824 Maxson Rd
El Monte, CA 91732
Mountain View


HIGHLIGHTS

  • Centrally Located in The SGV: Convenient Access to The I-10, I-605, and SR-60 Freeways, Connecting Tenants to Major Employment & Retail/Entertainment
  • Desirable Unit Mix – 7 Total Units Across 4 Buildings: Offers 1 Bedroom Layouts with Patios and/or Yards, Ideal for Long-term Tenant Retention
  • Strong Value-Add Potential: Rents are Approximately 27% Below Market, Providing Excellent Future Potential for a New Buyer
  • Ample Lot Size – 16,042 Sf (0.37 ACRES): Provides Open Space, On-Site Parking, and Potential for Future Redevelopment or Expansion (Buyer To Verify)
  • Stable Rental Demand: Strong Working-Class Community, Proximity to Major Employment Centers, and Consistent Housing Demand Ensure Reliable Occupancy
  • Excellent Accessibility: Located Near El Monte Station, Valley Blvd Retail Corridors, & Regional Transit, Making it a Convenient Commuter Choice

OVERVIEW

Lyon Stahl is pleased to present 2808 Maxson Rd, a 7-unit multi-family property located in the highly desirable city of El Monte, California. Built in 1947, the property consists of four buildings totaling approximately 3,901 rentable square feet, situated on a 16,042-square-foot lot (0.37 acres). The unit mix includes seven one-bedroom apartments, catering to a diverse tenant base and ensuring steady rental demand. Ideally positioned in a quiet residential neighborhood, 2808 Maxson Rd is surrounded primarily by single-family homes, offering tenants a peaceful and community-oriented living environment. The property provides ample on-site parking and open space, enhancing the overall appeal and convenience for residents. El Monte continues to experience strong rental demand and steady population growth due to its central location within the San Gabriel Valley. With close proximity to major freeways including the I-10, I-605, and SR-60, tenants enjoy convenient access to surrounding employment hubs such as Pasadena, West Covina, and Downtown Los Angeles. The property also benefits from its proximity to key local amenities, including schools, parks, restaurants, and shopping centers. This well-maintained property represents a rare opportunity to acquire a value-add multi-family asset in one of Los Angeles County’s most stable and in-demand rental markets. With strong in-place income, additional upside in rents, and potential for strategic improvements, 2808 Maxson Rd offers both immediate cash flow and long-term growth potential for savvy investors.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$517 USD /SF

# OF UNITS

7

PRICE/UNIT

$214,286

CAP RATE

4.03%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1947

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,682 SF

ZONING

R3, El Monte

APN/PARCEL ID

8106-011-006

ASK ABOUT THIS PROPERTY

Ryan GonzalezLyon Stahl Investment Real EstateMore Info
562-512-0996

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Ryan GonzalezLyon Stahl Investment Real EstateMore Info
562-512-0996

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.