2840 Allgeyer AVE Active Save Request In-Person Tour Request Virtual Tour
El Monte,CA 91732
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRWS25177673
Year Built 1944
Lot Size 0.519 Acres
Source California Regional MLS
Property Description
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.
Location
State CA
County Los Angeles
Area 619 - El Monte
Interior
Heating Wall Furnace
Cooling None
Laundry 38
Exterior
Parking Features Covered Parking
Garage Spaces 5.0
Pool None
Building
Water District - Public
Others
Tax ID 8106006003
Special Listing Condition Not Applicable