10829 Elliott ave, El Monte, CA 91733
Active
$1,300,000
4 Units
8 Beds
4 Baths
3,192 Area(sq.ft.)
Lot: 6,270 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 4 | 8 | 4 | No | $ 1,600 | $ 1,600 | $ 2,000 |
| 4 | 32 | 16 | $ 6,400 | $ 6,400 | $ 8,000 |
| MLS #: | WS25110470MR |
| Days On Market: | 171 |
| Listing Date: | June 17, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 407 |
| Price per unit: | $ 325,000 |
| Year Built: | 1959 |
Property Details
This fully occupied quadruplex in El Monte presents an outstanding investment opportunity with reliable rental income and future upside. Each of the four well-maintained units offers 2 bedrooms and 1 bathroom, along with in-unit washer and dryer hookups. Recent improvements include a new roof, fresh exterior paint, newly painted fencing, new rain gutters, updated bathrooms in two units, and select window replacements. Ideally situated near major freeways, shopping, and dining, the property benefits from strong tenant demand and excellent accessibility. With a spacious lot and favorable zoning, there is potential for future expansion or redevelopment, making this a smart choice for investors looking for both immediate cash flow and long-term value.Interested in this Listing?
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Income Details
| Rent Control: | Yes |
| Total Annual Expense: | $ 7,560 |
| Net Operating Income: | $ 69,240 |
| Gross Rent Multiplier: | 17.00 |
Structure
| Community Features: | Sidewalks |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Zoning: | EMR3YY |
| Land Lease Type: | Fee |
Interior
| Laundry: | Gas Or Electric Dryer Hookup, Inside |
Exterior
| Pool: | No |
Detailed Map
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Income
