FOR SALE
Listed by Kristopher German, RE/MAX 2000 REALTY, (626) 956-0188
3438 Gilman Rd
El Monte, CA 91732
River East
5 Beds
4 Baths
2,446 sqft
- 5 Beds
- 4 Baths
- 2,446 sqft
5 Beds
4 Baths
2,446 sqft
Local Information
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Description
JUST REDUCED! We are pleased to present a 4-Unit multi-family investment opportunity in the prime area of North El Monte. This fourplex features (1) 2-Bed/1-Bath unit, and (3) 1-Bed/1-Bath units. Tenants have access to on-site carport parking and yard space. Each unit is separately metered for gas and electricity. This property offers a substantial 45% potential upside in rental income, making it an attractive prospect for maximizing return on investment. Moreover, the property enjoys the advantage of no local city rent control, giving you the flexibility to reposition tenants with a "substantial remodel" approach in an effort to obtain competitive rental rates, and optimize your investment strategy. One unit to be delivered vacant at the close of escrow.
Home Highlights
Parking
4 Carport Spaces
Outdoor
No Info
A/C
Contact Manager
HOA
None
Price/Sqft
$388
Listed
55 days ago
Home Details for 3438 Gilman Rd
Interior Features |
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Beds & Baths Number of Bedrooms: 5Number of Bathrooms: 4 |
Appliances & Utilities Laundry: Gas & Electric Dryer Hookup,Inside,Washer Hookup |
Windows, Doors, Floors & Walls Common Walls: 2+ Common Walls |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoEntry Location: 1 |
Exterior Features |
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Exterior Home Features No Private Pool |
Parking & Garage Number of Carport Spaces: 4Number of Covered Spaces: 4Has a CarportNo GarageParking Spaces: 4Parking: Carport |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
Days on Market |
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Days on Market: 55 |
Property Information |
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Year Built Year Built: 1962 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Not a New ConstructionAttached To Another StructureNo Additional Parcels |
Property Information Parcel Number: 8549041002 |
Price & Status |
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Price List Price: $950,000Price Per Sqft: $388 |
Status Change & Dates Off Market Date: Tue Mar 05 2024 |
Active Status |
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MLS Status: Active |
Location |
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Direction & Address City: El Monte |
Agent Information |
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Listing Agent Listing ID: CV24015480 |
Building |
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Building Area Building Area: 2446 Square Feet |
Community |
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Community Features: Curbs, Gutters, SidewalksNot Senior Community |
HOA |
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Association for this Listing: California Regional MLSNo HOAHOA Fee: No HOA Fee |
Lot Information |
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Lot Area: 5300 sqft |
Listing Info |
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Special Conditions: Standard |
Compensation |
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Buyer Agency Commission: 2.25Buyer Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Business |
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Expense Tenant Pays: Electricity, Gas |
Rental |
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Has Rent Control |
Miscellaneous |
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Mls Number: CV24015480Attribution Contact: 909-645-0443 |
Additional Information |
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CurbsGuttersSidewalks |
Last check for updates: 1 day ago
Listing Provided by: Kristopher German DRE #01800021, (909) 645-0443
RE/MAX 2000 REALTY
Originating MLS: California Regional MLS
Source: CRMLS, MLS#CV24015480
Price History for 3438 Gilman Rd
| Date | Price | Event | Source |
|---|---|---|---|
| 03/20/2024 | $950,000 | PriceChange | CRMLS #CV24015480 |
| 03/06/2024 | $975,000 | Pending | CRMLS #CV24015480 |
| 01/25/2024 | $975,000 | Listed For Sale | CRMLS #CV24015480 |
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Property Taxes and Assessment
| Year | 2023 |
|---|---|
| Tax | $5,407 |
| Assessment | $335,727 |
Home facts updated by county records
Comparable Sales for 3438 Gilman Rd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.68 | Multi-Family Home | $1,149,000 | 11/15/23 | 5 | 4 | 2,556 | |
0.71 | Multi-Family Home | $945,000 | 02/23/24 | 5 | 4 | 2,170 | |
1.10 | Multi-Family Home | $1,050,000 | 02/27/24 | 6 | 3 | 2,336 | |
1.08 | Multi-Family Home | $1,000,000 | 10/02/23 | 6 | 6 | 3,672 | |
1.09 | Multi-Family Home | $1,050,105 | 11/30/23 | 7 | 4 | 2,657 | |
1.14 | Multi-Family Home | $855,000 | 11/22/23 | 3 | 3 | 1,752 | |
1.12 | Multi-Family Home | $770,000 | 07/12/23 | 4 | 2 | 1,432 |
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about River East
- cammie
- Visitor
- 5y ago
"near rail lines. train ran by days and night. It regular ran by the property at around 2:30 AM . very noisy"
- Pennypasillas
- Prev. Resident
- 5y ago
"Watching each other’s houses and making sure suspicious people are not welcomed in the neighborhood."
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Kristopher German, RE/MAX 2000 REALTY
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
3438 Gilman Rd, El Monte, CA 91732 is a 5 bedroom, 4 bathroom, 2,446 sqft multi-family built in 1962. 3438 Gilman Rd is located in River East, El Monte. This property is currently available for sale and was listed by CRMLS on Jan 25, 2024. The MLS # for this home is MLS# CV24015480.