Rare opportunity to acquire a 20-unit multifamily investment property offered at $3,600,000. The property is currently 100% occupied and consists of 180 studio units and 2 one-bedroom/one-bath units. Strong in-place cash flow with upside potential through gradual rent repositioning. The building features a two-story layout with ample on-site surface parking and is located along a high-visibility commercial corridor with convenient access to major freeways, retail centers, and employment hubs. Ideal for 1031 exchange buyers or investors seeking a stabilized workforce housing asset with long-term appreciation potential. Do not disturb tenants. Drive-by only.
For sale
Listing Provided by: RE/MAX Galaxy
$3,700,000
3841 Peck Rd, El Monte, CA 91732
40beds
400baths
10,240sqft
Est.:
Multi Family
Built in 1940
-- sqft lot
$3,669,700 Zestimate®
$361/sqft
$-- HOA
What's special
Two-story layoutAmple on-site surface parking
- 9 days |
- 121 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: March 02, 2026 at 08:39pm
Listing Provided by:
Grace Zhang DRE #01946544 909-223-2297,
RE/MAX Galaxy,
Zheng Sun DRE #02030373 909-861-9985,
RE/MAX Galaxy
Source: CRMLS,MLS#: TR26045458
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 40
- Bathrooms: 400
Appliances
- Laundry: None
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 10,240
- Total interior livable area: 10,240 sqft
Property
Features
- Entry location: 1
- Pool features: None
Lot
- Size: 0.38 Acres
- Features: Walkstreet
Details
- Parcel number: 8568020003
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Suburban
Location
- Region: El Monte
Financial & listing details
- Price per square foot: $361/sqft
- Date on market: 3/2/2026
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
Estimated market value
$3,669,700
$3.49M - $3.85M
$4,454/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/2/2026 | Listed for sale | $3,700,000+85.2%$361/sqft |
Source:  CRMLS #TR26045458 Report a problem | ||
| 2/26/2015 | Listing removed | $1,998,000$195/sqft |
Source: MARCUS & MILLICHAP #CV15009366 Report a problem | ||
| 2/9/2015 | Price change | $1,998,000-2.5%$195/sqft |
Source: MARCUS & MILLICHAP #CV15009366 Report a problem | ||
| 1/18/2015 | Listed for sale | $2,050,000$200/sqft |
Source: MARCUS & MILLICHAP #CV15009366 Report a problem | ||
Public tax history
BuyAbility℠ payment
Est. payment
$21,694/mo
Principal & interest
$18056
Property taxes
$3638
More affordability tools
Climate risks
Neighborhood: Norwood Cherrylee
Nearby schools
GreatSchools rating
- 4/10Legore Elementary SchoolGrades: K-6Distance: 0.5 mi
- 4/10Columbia Elementary SchoolGrades: K-8Distance: 0.7 mi
- 7/10Arroyo High SchoolGrades: 9-12Distance: 1.3 mi
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