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Sold for $1,580,000 · Sep 2025

SOLD

Listed at $1,500,000

Sold

2840 Allgeyer Avenue, El Monte, CA 91732

El Monte, CA

MLS# WS25177673

2,811 Sq Ft • Apartment
23 days on market

Listing Agent

CORA CHU

Listing Agent

IRN REALTY

DRE #: 01962391

Brokerage: IRN REALTY

Property Details

N/A

Bedrooms

N/A

Bathrooms

2,811 sqft

Square Feet

1944

Year Built

0.52 acres

Lot Size

$562

Price/Sq Ft

5

Garage Spaces

N/A

HOA

Apartment

Property Type

Description

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.

Listing description from the September 2025 sale, as reported to CRMLS.

Facts & Features

Details

Cooling
None
Heating
WallFurnace

Sale history for 2840 Allgeyer Avenue

2 recorded sales

$1,580,000
Sold September 2025 · listed $1,500,000, on market August 2025, 23 days on market · MLS #WS25177673 · Source: CRMLS
Listing Agent: CORA CHU · Listing Office: IRN REALTY · Contact: 626-688-8110 · Bought with: Rui Xia Herbst · Re/Max Elite Realty
$1,410,000
Sold December 2024 · listed $1,299,000, on market November 2024, 10 days on market · MLS #PW24232588 · Source: CRMLS
Listing Agent: Michael Wood · Listing Office: Casa Verde Realty · Contact: 9094729881 · Bought with: HING CHU · IRN REALTY

How this sale compares

2840 Allgeyer Avenue sold for $1,580,000 in September 2025, 5.3% over its $1,500,000 list price, after 23 days on the market. Across 111 closed sales in 91732 over the last 12 months, the median sold price is $750,000 and the median is $459 per square foot.

$459
91732 median per sq ft (12 mo)
$750,000
91732 median sold price (12 mo)
111
Closed sales in 91732 (12 mo)
23
Days on market
+5.3%
Sold vs. list price
QuarterClosed sales in 91732Median sold price
Q1 20269$575,000
Q2 202646$812,500
Q3 202647$750,000
Q4 20269$650,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in El Monte · Homes for sale in 91732

Recent sales near 2840 Allgeyer Avenue

Closed sales reported in 91732, nearest first, last 12 months. All recent sales in El Monte →

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