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Sold for $6,950,000 on 06/09/25
  • $6,950,000

    3512 La Madera Ave, El Monte, CA 91732

    2beds
    1baths
    910sqft
    Multi Family
    Built in 1939
    -- sqft lot
    $734,400 Zestimate®
    $7,637/sqft
    $2,412 Estimated rent

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    $2,412/mo

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    $2,412/mo

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    $43,215/mo

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    $43,215/mo

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    What's special

    Maywood Property Group is pleased to present a rare and highly desirable investment opportunity in the heart of El Monte. This exceptional multi-family asset consists of (17) two-bedroom / one-bathroom units and (1) three-bedroom unit, strategically spread across four-contiguous parcels spanning nearly one acre of landa prime setup for maximum ADU development potential.Positioned on a quiet cul-de-sac, the property offers over 40 surface parking spaces, enhancing convenience for tenants. Additionally, it benefits from a strategic location north of the 10 Freeway, providing seamless access to major transit routes. Within 0.3 miles, residents enjoy proximity to leading retailers, restaurants, and lifestyle amenities, including Target, Walgreens, Dennys, Big 5, Wendy's, Planet Fitness, and more.With no local rent control and over 30% rental upside, this asset presents significant value-add potential. Additional revenue opportunities include RUBS income and the ability to further optimize cash flow through strategic ADU expansion.This is an outstanding opportunity to acquire a well-located, high-demand multifamily asset with immediate and long-term value appreciation potential.

    Zillow last checked: 8 hours ago

    Listing updated: June 09, 2025 at 03:06am

    Listed by:

    Nicholas Hayner DRE # 02090908 310-994-9158,

    Maywood Property Group 310-650-9696

    Bought with:

    Adam Corleto, DRE # 01488562

    Maywood Property Group

    Source: CLAW,MLS#: 25521027MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    Heating
    • Wall
    Cooling
    • Wall Unit(s)
    Interior area
    • Total structure area: 910
    • Total interior livable area: 910 sqft

    Property

    Parking
    • Total spaces: 40
    • Parking features: Parking Space
    Features
    • Levels: Multi/Split
    Lot
    • Size: 7,531 sqft
    • Features: 2-4 Lots
    Details
    • Additional structures: None
    • Has additional parcels: Yes
    • Parcel number: 8567009030
    • Zoning: EMR3*
    • Special conditions: Standard
    • Other equipment: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1939

    Community & neighborhood

    Location
    • Region: El Monte
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    Estimated market value
    $734,400