Attention investors! Don't miss this extraordinary investment opportunity in the bustling city of El Monte. This 7-unit income property sits on a spacious 19,000 sqft lot and offers 5,966 sqft of well-maintained living space. Several units have been recently updated, increasing the property's appeal and reducing future upkeep. Each unit is equipped with washer and dryer hook-ups, adding an extra layer of convenience for tenants. Ample parking is a huge plus, thanks to a long driveway that accommodates up to 13 vehicles and a separate 2-car garage, ideal for additional storage. Located near major transportation routes, the property promises steady tenant demand and numerous options for future development, making it a high-yield asset with significant upside potential.
Sold for $1,800,000
Listed by: Circle Real Estate • Ray Miramontes • Contact: 562-521-9022
Bought with: RE/MAX CHAMPIONS
$1,800,000
2941 Maxson Rd, El Monte, CA 91732
14beds
8baths
5,966sqft
Multi Family
Built in 1934
-- sqft lot
$-- Zestimate®
$302/sqft
$2,697 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,697/mo
Zestimate® history
Owner options
List your home for rent
$2,697/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,697/mo
Rent Zestimate®
Refinance and save
$11,349/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$11,349/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Living spaceDryer hook-ups
Zillow last checked:
Listing updated:
Listed by:
Ray Miramontes DRE #01931740 562-521-9022,
Circle Real Estate,
Co-Listing Agent: Elyssa Apodaca DRE #01945344 562-665-9283,
Circle Real Estate
Bought with:
Poe Ngo, DRE #01165387
RE/MAX CHAMPIONS
Source: CRMLS,MLS#: PW23192656
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 8
Appliances
- Laundry: Washer Hookup, Gas Dryer Hookup
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 5,966
- Total interior livable area: 5,966 sqft
Property
Parking
- Total spaces: 2
- Parking features: Asphalt, Carport, Door-Multi, Detached Carport, Driveway, Garage
- Garage spaces: 2
- Has carport: Yes
Features
- Entry location: Front
- Pool features: None
Lot
- Size: 0.44 Acres
- Features: Back Yard, Front Yard
Details
- Parcel number: 8106008010
- Zoning: EMR3YY
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1934
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Storm Drain(s)
Location
- Region: El Monte
Financial & listing details
- Price per square foot: $302/sqft
- Tax assessed value: $1,836,000
- Annual tax amount: $27,771
- Date on market: 10/17/2023
- Cumulative days on market: 14 days
- Listing terms: Cash,Cash to New Loan,Conventional,FHA,USDA Loan,VA Loan
- Total actual rent: 9270
Price history
| Date | Event | Price |
|---|---|---|
| 11/22/2023 | Sold | $1,800,000-5.3%$302/sqft |
Source:  CRMLS #PW23192656 Report a problem | ||
| 11/1/2023 | Contingent | $1,899,900$318/sqft |
Source: CRMLS #PW23192656 Report a problem | ||
| 10/17/2023 | Listed for sale | $1,899,900$318/sqft |
Source: CRMLS #PW23192656 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $27,771 +6.9% | $1,836,000 +2% |
| 2024 | $25,979 +385.4% | $1,800,000 +723.1% |
| 2023 | $5,352 +2.7% | $218,676 +2% |
| 2022 | $5,210 -0.6% | $214,389 +2% |
| 2021 | $5,240 +1.9% | $210,186 +1% |
| 2020 | $5,142 | $208,032 +2% |
| 2019 | $5,142 +9.6% | $203,954 +2% |
| 2018 | $4,692 | $199,956 +2% |
| 2017 | $4,692 +2.9% | $196,036 +2% |
| 2016 | $4,559 +5.5% | $192,193 +1.5% |
| 2015 | $4,320 +1.6% | $189,307 +2% |
| 2014 | $4,251 | $185,599 +4.5% |
| 2011 | -- | $177,588 +2.5% |
| 2008 | -- | $173,218 +4% |
| 2006 | -- | $166,493 |
| 2005 | -- | $166,493 +4% |
| 2004 | -- | $160,030 +3.9% |
| 2002 | -- | $154,018 +4% |
| 2000 | -- | $148,039 |
Find assessor info on the county website
Neighborhood: Mountain View
Nearby homes
- $791,4004 bd3 ba1.8k sqft2929 Maxson Rd APT E, El Monte, CA 91732Off Market
- $815,9004 bd3 ba1.8k sqft2929 Maxson Rd, El Monte, CA 91732Off Market
- $791,4004 bd3 ba1.8k sqft2929 Maxson Rd APT A, El Monte, CA 91732Off Market
- $801,1004 bd2 ba1.8k sqft2929 Maxson Rd APT B, El Monte, CA 91732Off Market
- $763,0004 bd3 ba1.8k sqft2929 Maxson Rd APT C, El Monte, CA 91732Off Market
- $777,8004 bd3 ba1.8k sqft2929 Maxson Rd APT D, El Monte, CA 91732Off Market
- $830,9004 bd3 ba1.8k sqft2929 Maxson Rd APT F, El Monte, CA 91732Off Market
- $765,000-- bd-- ba-- sqft2929 Maxson Rd APT B, El monte, CA 91732Off Market
Nearby schools
GreatSchools rating
- 3/10Willard F. Payne Elementary SchoolGrades: K-6Distance: 0.4 mi
- 5/10Parkview Elementary SchoolGrades: K-8Distance: 0.5 mi
- 4/10Mountain View High SchoolGrades: 9-12Distance: 0.5 mi
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
- California
- Los Angeles County
- El Monte
- 91732
- Mountain View
- 2941 Maxson Rd
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other El Monte Topics
