N/A
Bedrooms
Sold for $1,580,000 · Sep 2025
SOLDListed at $1,500,000
El Monte, CA
MLS# WS25177673
CORA CHU
Listing Agent
IRN REALTY
DRE #: 01962391
Brokerage: IRN REALTY
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
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.
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2 recorded sales
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.
| Quarter | Closed sales in 91732 | Median sold price |
|---|---|---|
| Q1 2026 | 9 | $575,000 |
| Q2 2026 | 46 | $812,500 |
| Q3 2026 | 47 | $750,000 |
| Q4 2026 | 9 | $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
Closed sales reported in 91732, nearest first, last 12 months. All recent sales in El Monte →
2840 Allgeyer Avenue
Contact CORA CHU
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Contact Listing Agent
IRN REALTY
DRE #01962391
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