2354 Valwood, El Monte, CA, 91732

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$2,600,000
1 Day On Site

2354 Valwood
El Monte, CA 91732

For Sale|Apartment|Active
0
Beds
0
Total Baths
7,289
SqFt
$357
/SqFt
1960
Built
County:
Los Angeles
Listed by Andy Chan of Keller Williams Realty andyyanchan@gmail.com
2354 Valwood2354 Valwood2354 Valwood2354 Valwood
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Monthly Payment (Est.)

$11,862
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Detached House and 9 Single-Story, Bungalow-Style Units on Two Contiguous Parcels Totaling 23,636 SF Zoned R-1 2354-64 Valwood Avenue is a compelling investment opportunity comprising a Detached House and 9 units across eight single-story, bungalow-style buildings situated on two contiguous parcels (APNS: 8108-024-034, 8108-024-035) totaling 23,636 SF zoned R-1. The property features a desirable unit mix anchored by a large 4-bedroom/2-bathroom single-family residence, making it attractive to a broad tenant base. The buildings were constructed in 1943 and 1960, and the property has been meticulously maintained by its current ownership. This is a generational asset that has been owned within the same family for several decades. This is the first time the property has been offered for sale. It is conveniently located in the Mountain View area of El Monte with easy access to the 10, 60 and 605 Freeways, shopping, dining, and public transportation while maintaining a quiet residential setting for tenants. The unit mix consists of (6) 1-bedroom/1-bathroom units, (3) 2-bedroom/1-bathroom units, and (1) 4-bedroom/2-bathroom single-family residence. The current rent roll reflects significant loss-to-lease, with in-place rents approximately 35% below market, presenting substantial upside through a strategic renovation and lease-up program. On-site parking is provided for tenants. Units are individually metered for gas and electricity. The landlord pays for water and trash. The two-parcel configuration and R-1 zoning may offer potential for ADU development, subject to buyer verification. With a strong unit mix featuring a large single-family residence, significant rent upside, well maintained single-story, bungalow style units across two contiguous parcels, 2354-64 Valwood Avenue is ideal for value-add investors seeking immediate cash flow with meaningful near-term income growth through renovation and lease-up to market rents in addition to a value-add ADU strategy.

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Listing Snapshot
Price 
$2,600,000
Days On Site 
1 Day
Bedrooms 
N/A
Inside Area (SqFt) 
7,289 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2645 Acres
Year Built 
1960
MLS® Number 
PF26060823
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
yesterdayListing first seen on site
General Features
Acres 
0.2645
Garage 
Yes
Garage Spaces 
2
Land Lease 
No
Number Of Stories 
1
Parking Spaces 
2
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
7289
Water Source 
Public
Interior Features
Laundry Features 
Common Area
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Exterior Features
Pool Features 
None
Community Features
Building Access 
1
Community Features 
Curbs
MLS Area 
619 - El Monte


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
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