Residential Income - 2915 Allgeyer, El Monte, CA

Description

Exceptional triplex (2911, 2913 & 2915) investment opportunity on a large 23,757 SF lot with a well-designed site plan and stable rental income. This property features three detached units, each with its own washer & Dryerr, private yard and individual garage—a rare setup that offers added privacy and strong tenant appeal. The property currently produces stable income, making it an attractive option for both investors and owner-occupants seeking long-term rental stability. All units are occupied on MTM leases, providing flexibility for future rent adjustments or potential owner occupancy. Per Seller, ~$90K spent on prior approved plans for a 1,711 SF unit and 563 SF ADU (garage coversion); permits expird in July 2025. Plans/reports available. Potential for up to 16 units-buyer to verify with city. Conveniently located near shopping, dining, schools, and major transportation routes, this property benefits from strong rental demand in the San Gabriel Valley. Ideal for investors seeking a value-add opportunity or buyers looking for long-term growth and development potential.PLEASE DON'T DISBURB TENANTS. DO NOT WALK THE PROPERTY WITHOUT AN APPOINTMENT.

Property details

Location

2915 Allgeyer • El Monte, CA 91732

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Listed by

Jessica Chui · A + Realty & Mortgage