$1,500,000
2840 Allgeyer Avenue
El Monte, CA, 91732
This spacious 22,532 square foot lot offers an attractive investment opportunity with seven potential rental units in the city of El Monte. The property currently includes five vacant units, plus pre-site plans for two additional ADUs. This property will provide an incredible rental income stream.
Five Vacant Units
Front Building (2840 &' 2840 ½): 1,253 sq ft, featuring a 2-bedroom, 1-bath unit and a 1-bedroom, 1-bath unit.
Middle Unit: 600 sq ft with a 1-bedroom, 1-bath layout.
Left Unit: 540 sq ft with a 1-bedroom, 1-bath layout.
Rear Unit: 418 sq ft with a 1-bedroom, 1-bath layout.
Development Potential: Plans for two ADUs (1,000 sq ft each) and a third 800 sq ft building, for a total of 7 rental units on the property.
Whether you''re an investor looking for an exciting development project or a buyer seeking immediate rental income, this property offers both options. The units are ready for renovation. Don’t miss out on this great opportunity to invest in the potential of this large lot with room to grow.
Five Vacant Units
Front Building (2840 &' 2840 ½): 1,253 sq ft, featuring a 2-bedroom, 1-bath unit and a 1-bedroom, 1-bath unit.
Middle Unit: 600 sq ft with a 1-bedroom, 1-bath layout.
Left Unit: 540 sq ft with a 1-bedroom, 1-bath layout.
Rear Unit: 418 sq ft with a 1-bedroom, 1-bath layout.
Development Potential: Plans for two ADUs (1,000 sq ft each) and a third 800 sq ft building, for a total of 7 rental units on the property.
Whether you''re an investor looking for an exciting development project or a buyer seeking immediate rental income, this property offers both options. The units are ready for renovation. Don’t miss out on this great opportunity to invest in the potential of this large lot with room to grow.
Property Details
Price:
$1,500,000
MLS #:
WS25177673
Status:
Active
Baths:
0
Address:
2840 Allgeyer Avenue
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
619elmonte
City:
El Monte
Listed Date:
Aug 7, 2025
State:
CA
ZIP:
91732
Lot Size:
22,588 sqft / 0.52 acres (approx)
Year Built:
1944
Schools
Interior
Cooling
None
Heating
Wall Furnace
Laundry Features
Gas & Electric Dryer Hookup
Exterior
Community Features
Street Lights
Parking Features
Covered
Parking Spots
5.00
Financial
Mortgage Calculator
Map
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Courtesy of IRN REALTY. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Houzerz Real Estate and Loans include the name of the listing broker. Neither the listing company nor Houzerz Real Estate and Loans shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved. 2840 Allgeyer Avenue
El Monte, CA
