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Key Details
Sold Price $1,600,000
Property Type Condo
Sub Type All Other Attached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,208 sqft
Price per Sqft $498
MLS Listing ID WS26073374
Sold Date 06/29/26
Bedrooms 5
Full Baths 2
Year Built 1926
Lot Size 0.622 Acres
Property Sub-Type All Other Attached
Property Description
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.
Location
State CA
County Los Angeles
Direction Peck Rd x Hemlock St
Interior
Flooring Wood
Fireplaces Type FP in Living Room
Fireplace No
Exterior
Garage Spaces 6.0
View Y/N Yes
Water Access Desc Public
View Neighborhood
Total Parking Spaces 13
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories 1
Others
Senior Community No
Tax ID 8541004018
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
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Bought with Edlinn Hong Georgetown Realty Company
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