3128 Mountain View Road
El Monte, CA, 91732 $ 1,300,000
Baths1.0 Sq 3,374 Monthly Estimate*
$ 8,208
Studio for $1,300,000 with 1 full bath. This 3,374 square foot home was built in 1933 on a lot size of 0.2098.
Two of three units delivered vacant and recently remodeled on adjacent R3 parcels in El Monte, priced at $1,300,000. Front 2BD/2BA house leased at $3,300 monthly. Rear duplex (two 2BD/1BA units) projected at $2,400 each. Projected GSI $97,200. Vacant delivery on the rear duplex lets the buyer set market rent at closing with no AB 1482 reset risk, no relocation exposure, no displacement cost. A rare open unit play in a submarket where tenant protection rules usually block immediate resets. Combined ±9,139 SF R3 (EMR3YY) lot supports multifamily redevelopment. Cash flow today, land bank tomorrow. Tenants pay electric and gas. Owner covers water, sewer, trash, landscaping, insurance, taxes. Minutes to I-10, I-605, and SR-60. Walking distance to Metro El Monte Station, one of the largest transit hubs west of the Mississippi. Downtown LA sits 13 miles west, Pasadena 10 miles north, Industry and West Covina employment centers inside 15 minutes. San Gabriel Valley fundamentals stay strong: vacancy below LA County average, limited new supply, ongoing public investment via the El Monte Gateway master plan. Assessor reflects two SFRs on two parcels. Property currently operates as three units. Buyer to verify square footage, unit count, permits, and financials.
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FeaturesGeneralSewer Unknown
Utilities Electricity Connected Natural Gas Connected Phone Connected Sewer Connected Water Connected
Possession Close Of Escrow Negotiable
Zoning EMR3YY
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1933
Tenant Pays Electricity Gas
Stories Count 2
Levels Two
Property Subtype Triplex
Tax Year 2025
Gross Income 109200
Community Features Curbs
Additional Parcels Description 8565-018-040
County Los Angeles
Net Operating Income 77253
Operating Expense 28671
Insurance Expense 3771
New Construction false
Property Type Residential Income
HOA false
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions South of I-10 west of Peck Rd between Valley Blvd and Garvey Ave
City El Monte
Entry Location Ground Level w/steps
Senior Community Y/N true
Open Parking Spaces 10
Number Of Units Total 3
MLS Area 619 - El Monte
Lot Size Units Square Feet
Lot Size Square Feet 9139
Number of Units Leased 1
Listing Terms Cash Cash to New Loan 1031 Exchange Submit
Property Attached Y/N true
Land Lease Y/N false
Current Financing None
Trash Expense 2640
Water Sewer Expense 960
Additional Parcels Y/N true
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 2
Total Actual Rent 3300
Property Sub Type Additional Triplex
Taxes 18000
Cap Rate 5.15
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InteriorTotal Stories 2
Common Walls 1 Common Wall
Laundry Features None
Entry Level 1
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ExteriorLot Features 0-1 Unit/Acre 2-5 Units/Acre Back Yard Front Yard
Total Parking 10
Lot Size Area 9139
Number of Buildings 2
Building Area Total 3374
Lot Size Acres 0.2098
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $8,208
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in El Monte, CA
Average List Price $1,479,800
Percent of Sale Price 14%
About El Monte, CA 113,681 Population
-1% Since 2002
$ 41,088 Median Income
34.42 Median Age
38% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/2/2026 | $1,300,000 | -7.14% | Price Down |
| 5/7/2026 | $1,400,000 | -6.67% | Price Down |
| 4/19/2026 | $1,499,999 | | Listed Price |