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3128 Mountain View Road, 
El Monte, CA 91732

$1,499,999


6

Beds


Bath


3,374

Sq Ft


Multi-Family

Active

Listed by

Jake Ison

Rise Realty

jaker3091@gmail.com

Last updated:

April 23, 2026, 02:45 PM

MLS#

CROC26084351

Source:

Bay East CCAR bridgeMLS

About This Home

3128 Mountain View Road

Three-unit multifamily investment on two adjacent parcels in the heart of El Monte, offered at $1,499,999 ($500,000/unit, 5.15% cap, 13.74 GRM). The offering consists of a detached front house and a rear duplex, sitting together on a combined ±9,139 SF R3 (EMR3YY) lot that permits multifamily redevelopment - providing a long-term land bank and entitlement story for investors and developers. Two of three units are delivered fully vacant and recently remodeled, allowing the new owner to set rents to market on day one - a rare opportunity in an LA County submarket where rent control and tenant protection statutes typically prevent immediate rent resets. The front house (3128) is a 2BD/2BA single-family residence leased at $3,300/month, providing immediate cash flow while the rear duplex is leased up. The rear duplex (3130) consists of two 2BD/1BA units underwritten at $2,900/month market rent each. Projected gross income: $109,200 annually. Tenants pay electricity and gas. Owner pays water, sewer, trash, landscaping, insurance, and taxes. No rent-control reset risk on the vacant rear units, no relocation costs, no displacement exposure. Location: immediate access to the I-10, I-605, and SR-60 freeways and the Metro El Monte Station - one of the largest transit hubs west of the Mississippi. Directly adjacent to a retail corridor anchored by national tenants, driving tenant convenience and neighborhood activity. Downtown LA is approximately 13 miles west; Pasadena is 10 miles north; Industry, Irwindale, and West Covina employment centers are within a 15-minute drive. San Gabriel Valley multifamily fundamentals remain strong: 65,000+ market-rate units, vacancy well below LA County average, limited new supply, and ongoing public investment including the El Monte Gateway master plan. Assessor records reflect original 1933/1938 construction as two SFRs on two parcels; property currently operates as three units. Buyer to verify all square footage, unit count, permits, and financials.

Home Facts

Multi-Family

6 Bedrooms

Built in 1933

Price Summary

1,499,999

$444 per Sq. Ft.

MLS #:

CROC26084351

Last Updated:

April 23, 2026, 02:45 PM

Added:

5 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

6

Interior

Living Area:

3,374 Sq. Ft.


Structure

Structure

Architectural Style:

Triplex

Building Area:

3,374 Sq. Ft.

Year Built:

1933


Lot

Lot Size (Sq. Ft):

9,147


Finances & Disclosures

Finances

Price:

$1,499,999

Price per Sq. Ft:

$444 per Sq. Ft.

MLS Logo
Bay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at April 23, 2026

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.