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10808 Elliott Avenue, South El Monte, CA 91733

$1,700,000 Approx. USD 4 beds, 4 baths

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Albert Rodriguez
Lic#: 01250095
Broker: Courtesy of CENTURY 21 CITRUS REALTY INC
Phone: 626-255-4854

Agent Remarks

We would like to present 10808 Elliott Avenue, a 7-unit property located in a prime area of El Monte, free from rent control constraints providing maximum allowable rent increases under California AB1482. Current rents are significantly below market with a 3.64 CAP RATE. Increasing rents to market rates shows a PROFORMA 6.54 CAP RATE! The units consist of 4 one story buildings with concrete driveway that allows parking for 16 cars. Six 1 bedroom 1 bathroom units and One 2 bedroom, 1 bathroom stand alone unit. Possible room for ADU (check with city) Most of the roofs have recently been replaced along with other upgrades. The units are 100% occupied. Each unit has individual metering for gas and electricity. The location offers various conveniences to diverse tenant demographics along with convenient transportation routes to 10, 605 and 60 freeways, three elementary schools, El Monte High School, Aquatic Center, Court House and Civic Center, Social Security Administration and Rio Hondo College. El Monte allows easy routes and transportation to DTLA a major employment capital via the EL MONTE TRANSIT CENTER and Fastrak Toll Road. The propertys central location offers access to a variety of attractions offered by Los Angeles County, Orange County and the Inland Empire.

Listing Details

Property type: Res Income 2-4 Units (Multi-Family)

Status: PENDING

MLS# CV24100253

Price: $1,700,000

HOA Fee is $0.00

Beds: 4

Baths: 4

1 story

0.40 acres

County: Los Angeles

Zoning: Assessor

Construction: Stucco

Last Updated: 7/10/2025

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Lat/Long: 34.057937, -118.038564.
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