11441 Asher Street

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Active
$12,500,000
1 bed65 baths39,989 sqft$313/sqft
11441 Asher St, El Monte, CA 91732
Est: $70,227/moGet pre-approved
Multi FamilyProperty Type
1.39 acresLot Size
1963Year Built
$313/sq ftPrice per sq ft
65 carsParking Spaces

Description

We are pleased to present the exclusive opportunity to acquire Asher Apartments, a well-maintained 65-unit multifamily community located in El Monte, California. Offered for sale for the first time in more than 40 years, this property represents a rare chance to acquire a generational asset with substantial value-add potential in one of the San Gabriel Valley’s strongest rental markets. The property features spacious one-bedroom units with interior upgrades including laminate wood and tile flooring,...We are pleased to present the exclusive opportunity to acquire Asher Apartments, a well-maintained 65-unit multifamily community located in El Monte, California. Offered for sale for the first time in more than 40 years, this property represents a rare chance to acquire a generational asset with substantial value-add potential in one of the San Gabriel Valley’s strongest rental markets. The property features spacious one-bedroom units with interior upgrades including laminate wood and tile flooring, updated kitchens and bathrooms. Residents benefit from a secure, gated community with controlled-access parking, an on-site laundry facility, individual water heaters, and a new roof installed in 2020. Currently operating at an attractive 6.0% cap rate, Asher Apartments offers approximately 25% upside in rental income. By repositioning the asset to market rents, an investor has the opportunity to increase cash flow and achieve an estimated 8.1% pro forma cap rate. Situated on an oversized parcel within El Monte’s Qualified Opportunity Zone, the property also offers potential for future ADU development with the potential tax advantages associated with Opportunity Zone investments. We kindly ask that you please DO NOT DISTURB THE TENANTS.
Days on Market Listed Today
  • Listed by: Ryan Loria DRE #02006138 Brokerage DRE #01921625 • Triqor Group 949-756-3232
Last updated: 09/08/2026 09:16 AM • Source: CRMLS, MLS#: PW26196840

Location

Listing Courtesy of Triqor Group, Ryan Loria, DRE #02006138
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$70,227 per month

30 year fixed, 6.55% Interest

Principal and Interest

$63,536

Property Taxes

$6,691

HOA Dues

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Property Information for 11441 Asher Street

Property Details
  • MLS Type: Residential Income / Res Income 2-4 Units
  • County: Los Angeles County
  • Parking Spaces Total: 65
  • Private Pool: No
  • Total Units: 65.0
  • Lot Size Source: Assessor
  • Property Attached YN: true
  • Common Walls: 2+ Common Walls
  • New Construction: No
  • Average Studio Area Units: Square Feet
  • Average 1 Bed Area Units: Square Feet
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Building Area Total: 39989
  • Building Area Units: Square Feet
  • Stories Total: 2
  • Entry Level: 1
  • Zoning: Public Rec
  • Senior Community: No
  • Parcel Number: 8566022012
  • Area: El Monte (619)
  • Directions: Going North on Peck Rd., Turn Right Onto Asher St., Property Will be on Your Left
Building Information
  • Stories: 2
  • Year Built: 1963
  • Lot Size: 1.39 AC / 60,373 SF
Income / Expense / Tax Details
Income Details
  • Gross Income: $1,204,403
  • Gross Scheduled Income: $1,241,653
  • Net Operating Income: $754,506
Expense Details
  • Operating Expense: $449,898
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $449,898
Tax / Assessment Info
  • Tax Tract Number: 3480
  • CFD/Mello-Roos Fee: $19,726
  • Tax Lot: 7
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool: N/K
  • Pool Heat: N/K
Land/Lot Info
  • Lot Features: Irregular Lot
  • Land Lease: No
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Uncovered Spaces: 65
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 65
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,540
  • Unit Type Total Rent: $100,101
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 65
  • Number Of Separate Gas Meters: 65
  • Number Of Separate Water Meters: 1

Property History for 11441 Asher Street

DateEvent & SourcePriceAppreciation
Sep 8, 2026

Listed (Active)

CRMLS #PW26196840

$12,500,000—
Sep 8, 2026

Listed (Active)

SDMLS #PW26196840

$12,500,000—
Aug 26, 2013

Sold (Public Record)

Public Record #366625888

$150,000

+2.1% / yr

DateEvent & SourcePrice
09/08/2026

Listed (Active)

CRMLS #PW26196840

$12,500,000
09/08/2026

Listed (Active)

SDMLS #PW26196840

$12,500,000
08/26/2013

Sold (Public Record)

Public Record #366625888

$150,000

+2.1% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 11441 Asher Street

Taxable ValueLand$706,702Additions$3,876,741Total$4,583,443
Tax Record2025$80,291 ($6,691 / month)
Home Facts
Baths65Total Finished SqFt39,989 SqFtAbove Grade Finished SqFt39,989 SqFtStories2Lot Size60,355 SqFtStyleMulti-Family Dwelling (2-4)Year Built1963Year Renovated1963ZoningEMR4YYCountyLOS ANGELESAPN8566-022-012

Schools near 11441 Asher Street

This home is within El Monte Union High School District.
Rating
School
Type
Grades
Distance
Baker Elementary School
Public - K to 6
El Monte High School
Public - 9 to 12
El Monte Union High School Community Day
Public - 9 to 12
Fernando R. Ledesma Continuation High School
Public - 10 to 12
Rating
School
Distance
Baker Elementary School
PublicK to 6

El Monte High School
Public9 to 12

El Monte Union High School Community Day
Public9 to 12

Fernando R. Ledesma Continuation High School
Public10 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 11441 Asher Street, El Monte, CA 91732

11441 Asher Street is a multi-family home for sale in El Monte, CA 91732. This property was listed for sale on September 8, 2026 by Triqor Group, it's currently listed at $12,500,000. It has been on the market for a total of 0 days and was last sold on August 26, 2013. This listing's school districts are El Monte Union High School District, Mountain View Elementary School District. Nearby schools include Baker Elementary School, El Monte High School and El Monte Union High School Community Day. 11441 Asher Street is a 1-bed, 65-bath, 39,989 sqft multi-family home built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Triqor Group, Ryan Loria, DRE #02006138

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.