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2403 Lee Avenue

South El Monte, CA 91733

– beds
– baths
– sqft
10,336 sqft lot
1962 build
– on site

PRICED TO SELL! We are pleased to exclusively offer for sale this 5-unit multi-family property located in the city of South El Monte, a prime rental community in the San Gabriel Valley. The subject property offers an exceptional "value-add" opportunity with an unbeatable price per unit and price per square foot. Spanning 4,390 rentable square feet on a 10,336 square foot lot, the property features two single-story Cottages and a two-story Triplex with a versatile unit mix. This includes one 3-Bedroom/2-Bath cottage (originally permitted as a commercial space and later converted to residential use), one 2-Bedroom/1-Bath cottage, three 2-Bedroom/1-Bath units (Triplex), and a non-conforming 2-Bedroom/1-bath unit currently utilizing the onsite garage space. Each unit is separately metered for electricity and gas, providing operational efficiency and reducing owner expenses. With significant upside in rental income, this property is well-suited for investors looking to reposition the asset and capitalize on market rents. The property is priced to sell and must be purchased in “as-is” condition. Buyers are advised to independently verify the legal square footage and bedroom/bathroom count. With strong fundamentals, substantial upside opportunity, and high potential cash returns, this offering is a rare find in a high-demand rental submarket.

Listed By CRMLS_CA / Kristopher German / RE/MAX 2000 REALTY / 909-645-0443

Last checked: Checking… • Last updated Jun 9, 2025 •

MLS# CV25128591 —

The Building

Year Built:

1962
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

4390.00
Building Area Units:

Square Feet
Total Number Of Units:

5
# of Buildings:

3
Roof:

Shingle
Stories Total:

1
Entry Level:

1
Accessibility Features:

Parking
Common Walls:

2+ Common Walls
# of Separate Gas Meters:

6
# of Separate Water Meters:

1
# of Separate Electric Meters:

6

Interior

Levels:

One, Two
Entry Location:

1
Fireplace:

No
Fireplace:

None
Laundry:

None

Location

Directions:

North of Rush St. Just West of Rosemead Blvd
Latitude:

34.05559300
Longitude:

-118.06768000

The Property

Property Type:

Residential Income
Subtype:

Apartment
Zoning:

SEM*
Lot Features:

0-1 Unit/Acre
Lot Size Area:

10336.0000
Lot Size Dimensions:

003
Lot Size Acres:

0.2373
Lot Size SqFt:

10336.00
Lot Size Source:

Assessor
Lot Dimensions Source:

Assessor
View:

None
Fencing:

Brick, Chain Link
Fence:

Yes
Road Frontage:

Access Road
Road Surface Type:

Paved
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

013
Tax Census Tract:

4335.06
Tax Tract:

10231
Tax Lot:

17

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5281013003

Heating & Cooling

Cooling:

Yes
Cooling:

Wall/Window Unit(s)

Utilities

Utilities:

Electricity Available, Natural Gas Available, Sewer Available, Water Available
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

None
Included:

No

The Community

Features:

Sidewalks, Street Lights
Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None
Assessments:

No
Assessments:

None

Parking

Parking:

Yes
Parking:

Carport, Driveway, Garage
Parking Spaces:

6.00
Garage Spaces:

1.00
Uncovered Spaces:

2.00
Carport Spaces:

3.00

Explore the Area

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From

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Sale history

Date	Event	Source	Price	% Change
6/9/25 Jun 9, 2025	Listed / Active	CRMLS_CA	$1,100,000

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This multifamily located in South El Monte, CA 91733 is currently for sale for $1,100,000. 2403 Lee Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 9 days. This multifamily is in the attendance area of Potrero Elementary School.

Listing Courtesy of: CRMLS_CA and RE/MAX 2000 REALTY. Based on information from California Regional Multiple Listing Service, Inc. as of 15:42 on Jun 18.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.