Property Details
About this Property
This spacious 22,532 square foot lot offers an attractive investment opportunity with seven potential rental units in the city of El Monte. The property currently includes five vacant units, plus pre-site plans for two additional ADUs. This property will provide an incredible rental income stream. Five Vacant Units Front Building (2840 & 2840 ½): 1,253 sq ft, featuring a 2-bedroom, 1-bath unit and a 1-bedroom, 1-bath unit. Middle Unit: 600 sq ft with a 1-bedroom, 1-bath layout. Left Unit: 540 sq ft with a 1-bedroom, 1-bath layout. Rear Unit: 418 sq ft with a 1-bedroom, 1-bath layout. Development Potential: Plans for two ADUs (1,000 sq ft each) and a third 800 sq ft building, for a total of 7 rental units on the property. Whether you're an investor looking for an exciting development project or a buyer seeking immediate rental income, this property offers both options. The units are ready for renovation. Don’t miss out on this great opportunity to invest in the potential of this large lot with room to grow.
MLS Listing Information
MLS #
CRWS25177673
MLS Source
California Regional MLS
Days on Site
13
Interior Features
Cooling
None
Heating
Wall Furnace
Parking, School, and Other Information
Garage/Parking
Covered Parking, Garage: 5 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 4 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
2840 Allgeyer Ave is a Residential Income in El Monte, CA 91732. This – square foot property sits on a 22,588 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,500,000 and was built in 1944. This address can also be written as 2840 Allgeyer Ave, El Monte, CA 91732.
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This listing information is up-to-date as of August 11, 2025. For the most current information, please contact CORA CHU, (626) 688-8110
