4159 Gilman Rd, El Monte, CA 91732
FOR SALE
0.28 ACRES
Listed by Handoko Chen, Growth Investment Group Pasade, (626) 594-4900

4159 Gilman Rd
El Monte, CA 91732

River East
  • 10 Beds
  • 5 Baths

$1,550,000

Est. Mortgage $9,178/mo*
Get Pre-Qualified

$1,550,000

Est. Mortgage $9,178/mo*
Get Pre-Qualified
10 Beds
5 Baths
(on 0.28 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Prime 5-Unit Value-Add Investment in Rapidly Gentrifying West SGV area (No Local Rent Control) | Highly Desirable Layout SFR + Fourplex | Major CAPEX have been completed (Roof, Electrical, Sewer, and Plumbing) | First Time on Market in 21 Years. SB721 Balcony Inspection passed.

For the first time in over two decades, 4159 Gilman Rd., a 5-unit value-add investment opportunity in one of El Monte’s most rapidly gentrifying neighborhoods. Situated on a sprawling 12,100+ SF R3 lot, this unique 5-unit property features an ideal layout comprising a large single-family home in the front and a detached fourplex in the rear. This offering provides a 5.20% In-place CAP Rate with a clear upside to take it to 7.21% Proforma CAP Rate.

The property was built in 1946 and consists of 2 buildings, a front single family house, and a fourplex. The property boasts a superb unit mix of all two-bedroom units, including a front house with a bonus den, and offers substantial upside potential through ADU development and laundry income. The property has undergone significant and major recent capital expenditures, including a new roof, upgraded electrical panels, a re-sleeved sewer line, a replaced main water line, and most recently a driveway recoat —significantly limiting future deferred maintenance. Most of these upgrades were completed in 2024. Two of the units in the back have been completely upgraded in 2024 with permits. Each unit has their own private backyard or side yard or deck.

Located in a quiet, predominantly single-family neighborhood surrounded by new townhouse developments, the property is highly attractive to local renters. With no local rent control (subject only to CA AB 1482) and a strategic location providing consistent demand for rental unit, this asset offers the perfect blend of immediate stability and long-term wealth creation.

The property has a total of 10 parking spaces (with extra land to park more). There is no parking soft story retrofit requirement in El Monte. Each unit is separately metered for electricity and gas. There is a laundry room without any machine – new owner can add coin-operated laundry machines to generate additional income.

4159 Gilman Rd benefits from a highly strategic location in one of El Monte’s most rapidly transforming residential neighborhoods. Tenants are drawn to this pocket for its quiet, tree-lined streets, while still enjoying immediate access to major employment hubs, top-tier retail, +excellent transit.

Home Highlights

Parking
6 Carport Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
47 days ago

Home Details for 4159 Gilman Rd

Interior Features

Beds & Baths
Number of Bedrooms: 10Number of Bathrooms: 5
Appliances & Utilities
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water ConnectedAppliances: Gas Range, Refrigerator, Water HeaterLaundry: NoneRefrigerator
Heating & Cooling
Heating: Wall FurnaceHas CoolingAir Conditioning: Wall/Window Unit(s)Has HeatingHeating Fuel: Wall Furnace
Fireplace & Spa
Fireplace: NoneSpa: NoneNo FireplaceNo Spa
Gas & Electric
Electric: Standard
Windows, Doors, Floors & Walls
Flooring: Laminate, Vinyl, WoodCommon Walls: 2+ Common Walls
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 2Levels: TwoEntry Location: 1Floors: Laminate, Vinyl, Wood

Exterior Features

Exterior Home Features
Roof: ShingleFencing: NoneFoundation: RaisedNo Private Pool
Parking & Garage
Number of Carport Spaces: 6Number of Covered Spaces: 6Open Parking Spaces: 4Has a CarportNo GarageNo Attached GarageParking Spaces: 10Parking: Assigned,Carport
Pool
Pool: None
Frontage
Road Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet

Days on Market

Cumulative Days on Market: 44Days on Market: 47

Property Information

Year Built
Year Built: 1946
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Mid-Century Modern,Ranch
Building
Construction Materials: StuccoNot a New ConstructionAttached To Another StructureNo Additional Parcels
Property Information
Condition: Repairs Cosmetic, Updated/RemodeledParcel Number: 8549002002

Price & Status

Price
List Price: $1,550,000
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Active

Media

Location

Direction & Address
City: El Monte

Agent Information

Listing Agent
Listing ID: AR26062944

Community

Community Features: Suburban, ValleyNot Senior Community

HOA

Association for this Listing: California Regional MLSHOA Fee: No HOA Fee

Lot Information

Lot Area: 0.28 acres

Listing Info

Special Conditions: Standard

Offer

Contingencies: noneListing Terms: Cash, Cash to New Loan

Business

Expense
Tenant Pays: Electricity, Gas

Rental Terms, Policies & Fees

No Rent Control

Miscellaneous

Mls Number: AR26062944Living Area Range Units: Square FeetAttribution Contact: han.chen@growthinvestmentgroup.comCommon Interest: Community ApartmentUniversal Property Id: US-06037-N-8549002002-R-N

Additional Information

SuburbanValleySource Internet Entire Listing Display
Last check for updates: about 5 hours ago
Listing Provided by: Handoko Chen DRE #01749321
Growth Investment Group Pasade
Originating MLS: California Regional MLS
Source: CRMLS, MLS#AR26062944
Also Listed on CRMLS, SDMLS.

Price History for 4159 Gilman Rd

DatePriceEventSource
05/06/2026$1,550,000PendingToActiveCRMLS #AR26062944
04/22/2026$1,550,000ContingentCRMLS #AR26062944
03/23/2026$1,550,000Listed For SaleCRMLS #AR26062944
10/20/2005$777,000Sold
N/A

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Property Tax and Assessment

Year2025
Tax$16,545
Assessment$1,061,818
Home facts updated by county records

Comparable Sales for 4159 Gilman Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
4131 Cogswell Rd, El Monte, CA
0.54
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$1,440,888
12/12/25
7
4
2,848
4229 Cogswell Rd, El Monte, CA
0.52
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$1,300,000
02/24/26
9
4
3,212
3452 Durfee Ave, El Monte, CA
0.78
Multi-Family Home
$1,225,000
11/20/25
9
5
3,742
12132 Ferris Rd, El Monte, CA
0.70
Multi-Family Home
$1,300,000
10/24/25
9
7
4,106
4574 La Madera Ave, El Monte, CA
0.82
Multi-Family Home
$1,160,000
09/30/25
7
3
2,856
3733 Durfee Ave, El Monte, CA
0.49
Multi-Family Home
$3,200,000
01/07/26
20
14
11,356
11946 Fairview St, El Monte, CA
1.05
Multi-Family Home
$1,169,000
11/10/25
5
3
2,172
11701 Roseglen St, El Monte, CA
1.24
Multi-Family Home
$1,000,000
07/03/25
5
3
2,260
2840 Allgeyer Ave, El Monte, CA
1.43
Multi-Family Home
$1,580,000
09/24/25
6
5
2,811

Assigned Schools

These are the assigned schools for 4159 Gilman Rd.
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The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

River East
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about River East

At least 74 Trulia users voted on each feature.

  • 77 % Say there are sidewalks

  • 70 % Say car is needed

  • 68 % Say yards are well-kept

  • 67 % Say it's walkable to grocery stores

  • 64 % Say there's holiday spirit

  • 63 % Say kids play outside

  • 62 % Say it's dog friendly

  • 62 % Say it's walkable to restaurants

  • 56 % Say it's quiet

  • 50 % Say they plan to stay for at least 5 years

  • 44 % Say parking is easy

  • 44 % Say streets are well-lit

  • 38 % Say neighbors are friendly

  • 36 % Say there's wildlife

  • 29 % Say people would walk alone at night

  • 18 % Say there are community events

Learn more about our methodology.
  • cammie
    "near rail lines. train ran by days and night. It regular ran by the property at around 2:30 AM . very noisy"
    18
    Flag
  • Pennypasillas
    "Watching each other’s houses and making sure suspicious people are not welcomed in the neighborhood."
    22
    Flag

LGBTQ Local Legal Protections

Handoko Chen, Growth Investment Group Pasade
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 2026-02-09 09:51:42 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
4159 Gilman Rd, El Monte, CA 91732 is a 10 bedroom, 5 bathroom multi-family built in 1946. 4159 Gilman Rd is located in River East, El Monte. This property is currently available for sale and was listed by CRMLS on Mar 23, 2026. The MLS # for this home is MLS# AR26062944.