3438 Gilman Road
El Monte, CA 91732

  • 5 beds
  • – baths
  • 2,446 sqft
  • 5,300 sqft lot
  • $388 per sqft
  • 1962 build
  • on site

JUST REDUCED! We are pleased to present a 4-Unit multi-family investment opportunity in the prime area of North El Monte. This fourplex features (1) 2-Bed/1-Bath unit, and (3) 1-Bed/1-Bath units. Tenants have access to on-site carport parking and yard space. Each unit is separately metered for gas and electricity. This property offers a substantial 45% potential upside in rental income, making it an attractive prospect for maximizing return on investment. Moreover, the property enjoys the advantage of no local city rent control, giving you the flexibility to reposition tenants with a "substantial remodel" approach in an effort to obtain competitive rental rates, and optimize your investment strategy. One unit to be delivered vacant at the close of escrow.

bridgeMLS logo Listing courtesy of BRIDGE / RE/MAX 2000 REALTY

Last checked: Checking… • Last updated Mar 21, 2024 •

MLS# CRCV24015480 —

This property is listed in more than one place. See it here.

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Sale history

Date Event Source Price % Change
3/20/24
Relisted BRIDGE $950,000 -2.6%
3/5/24
Pending BRIDGE $975,000
1/25/24
Listed / Active BRIDGE $975,000

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Listing provided by broker:

Kristopher German

RE/MAX 2000 REALTY

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This multifamily located in River East, El Monte, CA 91732 is currently for sale for $950,000. 3438 Gilman Road is a 2,446 square foot multifamily with 5 beds and – baths that has been on Estately for 94 days. 3438 Gilman Road is in the River East neighborhood of El Monte and has a WalkScore® of 41, making it car-dependent. This multifamily is in the attendance area of Madrid Middle School, Twin Lakes Elementary School, Mountain View High School, and South El Monte High School.

bridgeMLS logo Listing courtesy of RE/MAX 2000 REALTY

bridgeMLS logo Listing Courtesy of: BRIDGE, data current as of 08:35 on Apr 27.

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