91731 Homes with Apartment Subtype

91731 Homes with Apartment Subtype

Welcome to the vibrant zip code of 91731, nestled in the heart of El Monte, Los Angeles County, California. This area is known for its diverse community, rich cultural heritage, and convenient amenities.

If you're looking for a home with an apartment subtype, you're in luck! The zip code 91731 offers a range of housing options that include apartments within residential properties. These homes with apartment subtypes provide a unique opportunity for homeowners to have additional rental income or accommodate extended family members.

In this zip code, you'll find a variety of architectural styles, from charming bungalows to modern townhouses. The real estate market in 91731 is dynamic, catering to different budgets and preferences. Whether you're a first-time homebuyer or looking to upgrade, there's something for everyone in this area.

Residents of 91731 enjoy easy access to a plethora of amenities. From local parks and recreational facilities to shopping centers and restaurants, there's never a shortage of things to do. The area is also well-connected to major transportation routes, making commuting a breeze.

If you're seeking a vibrant community with diverse housing options, look no further than zip code 91731 in El Monte, Los Angeles County, California. Explore the real estate opportunities here, and you might just find your dream home with an apartment subtype.

Newest 91731 Homes with Apartment Subtype

$1,599,900
WS26193341 MLS ⋅ Active Status
Beautiful four bedrooms in excellent and convenience location of El Monte. Walking distance to Valley Blvd and Baldwin Ave. Easy access to freeway. All units are two bedrooms, one bath. Each unit is spacious. Three units are about 850 SF. One unit a stand alone building comprising of 910 SF. All units with long term tenants and each unit assigned parking. All units have remote air conditioning units. El Monte city does not have local rent control ordinance. Buyer/agent to verify square footage (lot and units) and all MLS information. Buyer and agent does not represent or guarantee accuracy of the square footage, bedroom/bathroom count, lot size or lot lines/dimensions, permitted or unpermitted spaces, school boundary lines or eligibility, rent control, or the information concerning the condition, or features of the property. Buyer/agent are advised to independently verify the accuracy of all information.

4019 Shirley Avenue, El Monte
$7,800,000
OC26182244 MLS ⋅ Active Status
Baldwin Valley Apartments presents a rare opportunity to acquire a 41-unit multifamily community located at 10012 Valley Boulevard in El Monte, in the heart of the San Gabriel Valley. Offered at $7,800,000, the property was built in 1961 and contains approximately 23,975 rentable square feet on a 0.85-acre site. The unit mix consists of 21 studios, 16 one-bedroom/one-bath units, two two-bedroom/one-bath units, and two two-bedroom/two-bath units. The property offers an attractive combination of current income and identifiable rental upside. Approximately 25% of the units have been extensively renovated, with renovated units achieving a demonstrated rental premium over classic units. In-place rents remain below asking rents, providing an opportunity to increase income through natural turnover and continuation of the existing renovation program. Additional potential income opportunities include increasing carport parking charges and implementing a ratio utility billing system (RUBS) to recover a portion of master-metered utility expenses. Community amenities include a swimming pool, controlled access, on-site laundry, garden/courtyard areas and covered parking. The property provides approximately one parking space per unit, including 39 carports, one two-car garage and one surface space. Electricity is individually metered, while gas, water, sewer and trash are master metered. At the asking price, the property is offered at approximately $190,244 per unit and $325 per square foot, with a 5.74% current/pro forma capitalization rate and a projected 6.00% plus Year-1 capitalization rate. Average in-place rent is approximately $1,539 per unit compared with average asking rent of approximately $1,671. Baldwin Valley Apartments is strategically located near Interstate 10 and State Route 60 and approximately one mile from the El Monte Metrolink Station and less than one mile from El Monte Station, providing residents convenient connectivity throughout the San Gabriel Valley and greater Los Angeles employment market. The combination of existing cash flow, proven renovation upside, additional operational income opportunities and a transit-oriented location make Baldwin Valley Apartments an attractive value-add multifamily investment opportunity. ADU potential exists as additional upside and buyer to verify. Recent Capital Improvements include the roof, electrical system, windows, and parking lot slurry seal.

10012 Valley, El Monte
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.