An exceptional investment opportunity is available with this three-unit multifamily property located in the vibrant San Gabriel Valley submarket of Los Angeles County. Spanning two adjacent parcels on a combined ±9,139 SF lot, the asset consists of a detached 2-bedroom/2-bath single-family home and a rear duplex with two 2-bedroom/1-bath units. Two of the units have been fully remodeled and will be delivered vacant at the close of escrow, while the front home offers immediate income with an in-place tenant paying $3,300 per month.
At full market rents, the property is projected to generate a gross income of approximately $109,200 annually, reflecting a stabilized cap rate of 5.15%. The R3 zoning permits future multifamily redevelopment, creating a strong value proposition for both cash-flow investors and those seeking long-term appreciation. Positioned near the I-10, I-605, and SR-60 freeways, and within minutes of the Metro El Monte Station, this property offers exceptional connectivity to major employment centers and Downtown Los Angeles, while being adjacent to a dense retail corridor anchored by national brands. This is a turnkey investment with redevelopment upside in a rental market characterized by strong demand and limited new supply.