Two of three units delivered vacant and recently remodeled on adjacent R3 parcels in El Monte, priced at $1,230,000. Front 2BD/2BA house leased at $3,300 monthly. Rear duplex (two 2BD/1BA units) projected at $2,400 each. Projected GSI $97,200.
Vacant delivery on the rear duplex lets the buyer set market rent at closing with no AB 1482 reset risk, no relocation exposure, no displacement cost. A rare open unit play in a submarket where tenant protection rules usually block immediate resets.
Combined ±9,139 SF R3 (EMR3YY) lot supports multifamily redevelopment. Cash flow today, land bank tomorrow.
Tenants pay electric and gas. Owner covers water, sewer, trash, landscaping, insurance, taxes.
Minutes to I-10, I-605, and SR-60. Walking distance to Metro El Monte Station, one of the largest transit hubs west of the Mississippi. Downtown LA sits 13 miles west, Pasadena 10 miles north, Industry and West Covina employment centers inside 15 minutes.
San Gabriel Valley fundamentals stay strong: vacancy below LA County average, limited new supply, ongoing public investment via the El Monte Gateway master plan.
Assessor reflects two SFRs on two parcels. Property currently operates as three units. Buyer to verify square footage, unit count, permits, and financials.
For sale
Listed by: Rise Realty • Jake Ison • Contact: 949-630-6548
Price cut: $40K (9/28)
$1,230,000
3128 Mountain View Rd, El Monte, CA 91732
6beds
4baths
3,374sqft
Triplex
Built in 1933
-- sqft lot
$1,212,600 Zestimate®
$365/sqft
$-- HOA
What's special
Rear duplexDetached front house
- 166 days
- 397
- 25
Zillow last checked:
Listing updated:
Listed by:
Jake Ison DRE #02243439 949-630-6548,
Rise Realty
Source: CRMLS,MLS#: OC26084351
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Appliances
- Laundry: None
Features
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 3,374
- Total interior livable area: 3,374 sqft
Property
Parking
- Total spaces: 10
- Uncovered spaces: 10
Features
- Levels: Two
- Stories: 2
- Entry location: Ground Level w/steps
- Pool features: None
Lot
- Size: 9,139 Square Feet
- Features: 0-1 Unit/Acre, 2-5 Units/Acre, Back Yard, Front Yard
Details
- Additional parcels included: 8565018040
- Parcel number: 8565018004
- Zoning: EMR3YY
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1933
Utilities & green energy
- Sewer: Unknown
- Utilities for property: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Curbs
- Senior community: Yes
Location
- Region: El Monte
Financial & listing details
- Price per square foot: $365/sqft
- Tax assessed value: $843,035
- Date on market: 4/19/2026
- Cumulative days on market: 166 days
- Listing terms: Cash,Cash to New Loan,1031 Exchange,Submit
- Total actual rent: 3300
- Tenant pays: Electricity, Gas
Estimated market value
$1,212,600
$1.15M - $1.27M
$2,095/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/28/2026 | Price change | $1,230,000-3.1%$365/sqft |
Source: | ||
| 8/27/2026 | Price change | $1,270,000-2.3%$376/sqft |
Source: | ||
| 7/2/2026 | Price change | $1,300,000-7.1%$385/sqft |
Source: | ||
| 5/7/2026 | Price change | $1,400,000-6.7%$415/sqft |
Source: | ||
| 4/19/2026 | Listed for sale | $1,499,999$445/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $843,035 +1288.1% |
| 2025 | $1,379 -39.5% | $60,732 +2% |
| 2024 | $2,280 +47.6% | $59,542 +2% |
| 2023 | $1,545 +30.7% | $58,375 +2% |
| 2022 | $1,181 -0.8% | $57,232 +2% |
| 2021 | $1,191 +2.2% | $56,111 +1% |
| 2020 | $1,165 | $55,537 +2% |
| 2019 | $1,165 +5.8% | $54,449 +2% |
| 2018 | $1,101 | $53,382 +2% |
| 2017 | $1,101 +2.2% | $52,336 +2% |
| 2016 | $1,078 +5.4% | $51,310 +1.5% |
| 2015 | $1,022 +2.3% | $50,540 +2% |
| 2014 | $999 | $49,551 +2.5% |
| 2012 | -- | $48,362 +2% |
| 2011 | -- | $47,415 +0.8% |
| 2010 | -- | $47,061 -0.2% |
| 2009 | -- | $47,174 +2% |
| 2008 | -- | $46,250 +2% |
| 2007 | -- | $45,344 +2% |
| 2006 | -- | $44,456 |
| 2005 | -- | $44,456 +4% |
| 2004 | -- | $42,732 +1.9% |
| 2003 | -- | $41,950 +2% |
| 2002 | -- | $41,129 +4% |
| 2000 | -- | $39,534 |
Find assessor info on the county website
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