3128 Mountain View Rd

El Monte, CA 91732

$1,499,999
Price
6
Beds
4
Baths
3,374 Sq. Ft.
$445 / Sq. Ft.
3,374
Sq. Ft.
$445
per Sq. Ft.
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Description

Three-unit multifamily investment on two adjacent parcels in the heart of El Monte, offered at $1,499,999 ($500,000/unit, 5.15% cap, 13.74 GRM). The offering consists of a detached front house and a rear duplex, sitting together on a combined ±9,139 SF R3 (EMR3YY) lot that permits multifamily redevelopment — providing a long-term land bank and entitlement story for investors and developers. Two of three units are delivered fully vacant and recently remodeled, allowing the new owner to set rents to...Three-unit multifamily investment on two adjacent parcels in the heart of El Monte, offered at $1,499,999 ($500,000/unit, 5.15% cap, 13.74 GRM). The offering consists of a detached front house and a rear duplex, sitting together on a combined ±9,139 SF R3 (EMR3YY) lot that permits multifamily redevelopment — providing a long-term land bank and entitlement story for investors and developers. Two of three units are delivered fully vacant and recently remodeled, allowing the new owner to set rents to market on day one — a rare opportunity in an LA County submarket where rent control and tenant protection statutes typically prevent immediate rent resets. The front house (3128) is a 2BD/2BA single-family residence leased at $3,300/month, providing immediate cash flow while the rear duplex is leased up. The rear duplex (3130) consists of two 2BD/1BA units underwritten at $2,900/month market rent each. Projected gross income: $109,200 annually. Tenants pay electricity and gas. Owner pays water, sewer, trash, landscaping, insurance, and taxes. No rent-control reset risk on the vacant rear units, no relocation costs, no displacement exposure. Location: immediate access to the I-10, I-605, and SR-60 freeways and the Metro El Monte Station — one of the largest transit hubs west of the Mississippi. Directly adjacent to a retail corridor anchored by national tenants, driving tenant convenience and neighborhood activity. Downtown LA is approximately 13 miles west; Pasadena is 10 miles north; Industry, Irwindale, and West Covina employment centers are within a 15-minute drive. San Gabriel Valley multifamily fundamentals remain strong: 65,000+ market-rate units, vacancy well below LA County average, limited new supply, and ongoing public investment including the El Monte Gateway master plan. Assessor records reflect original 1933/1938 construction as two SFRs on two parcels; property currently operates as three units. Buyer to verify all square footage, unit count, permits, and financials.
  1. Listed by Jake Ison • DRE #02243439 • Brokerage DRE #01957687 • Rise Realty • 949-630-6548

Property Details for 3128 Mountain View Road

Parking Spaces Total
10
Private Pool
No
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3374
Assessor Parcel Number
8565-018-004
Property Attached YN
true
LISTING UPDATED: 04/19/2026 11:16 PM

Property Details for 3128 Mountain View Road

StatusActive
MLS #OC26084351
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1933
Lot Size0.21 AC / 9,139 SF
CountyLos Angeles County
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Location

Listing Courtesy of Rise Realty, Jake Ison, DRE #02243439
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Building Information for 3128 Mountain View Road

Stories2Residences-Year Built1933Building Size-Lot Size0.21 AC / 9,139 SF

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$8,527 per month

30 year fixed, 6.46% Interest

Principal and Interest

$7,553

Property Taxes

$974

HOA Dues

$0

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Property Information for 3128 Mountain View Road

Rental Info
Rental Info
  • Tenant Pays: Gas, Electricity
Income / Expense / Tax Details
Income Details
  • Gross Income: $109,200
  • Gross Scheduled Income: $109,200
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $105,924
  • Net Operating Income: $77,253
  • Number Of Rented Garages: 0
  • Laundry Income: $0
  • Gross Multiplier: 13.74
  • Cap Rate: 5.15
  • Current Financing: None
Expense Details
  • Operating Expense: $28,671
  • Operating Expense Percent: 27.00%
  • New Taxes Expense: $18,000
  • Gardener Expense: $2,400
  • Insurance Expense: $3,771
  • Professional Management Expense: $0
  • Trash Expense: $2,640
  • Water Sewer Expense: $960
  • Total Expenses: $28,671
Tax / Assessment Info
  • Tax Area: 1-795
  • Tax Year: 2025
  • Tax Block: B
  • Tax Tract Number: 10816
  • Tax Census Tract: 4333.02
  • CFD/Mello-Roos Fee: $561
  • Tax Lot: 2
Community / Development
Community / Development
  • Community Features: Curbs
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Entry Location: Ground Level w/steps
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
Land/Lot Info
  • Additional Parcels Description: 8565-018-040
  • Lot Features: 0-1 Unit/Acre, 2-5 Units/Acre, Front Yard, Back Yard
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Sewer: Unknown
  • Utilities: Natural Gas Connected, Sewer Connected, Phone Connected, Electricity Connected, Water Connected
  • Electric: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Parking Info
  • Garage Spaces: 0
  • Uncovered Spaces: 10
  • Open Other Spaces Total: 10
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,300
  • Unit Type Total Rent: $3,300
  • Unit Type Pro Forma: 3300
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2900
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2900
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 1
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Property History for 3128 Mountain View Road

DateEvent & SourcePriceAppreciation
Apr 19, 2026

Listed (Active)

CRMLS #OC26084351

$1,499,999—
Apr 16, 2026

Listed (Active)

SDMLS #OC26084351

$1,499,999—
Apr 16, 2026

Listed (Active)

CLAW #OC26084351MR

$1,499,999—
DateEvent & SourcePrice
04/19/2026

Listed (Active)

CRMLS #OC26084351

$1,499,999
04/16/2026

Listed (Active)

SDMLS #OC26084351

$1,499,999
04/16/2026

Listed (Active)

CLAW #OC26084351MR

$1,499,999

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

Public Records for 3128 Mountain View Road

Taxable ValueLand$9,648Additions$51,084Total$60,732
Tax Record2025$11,693 ($974 / month)
Home Facts
Beds1Total Finished SqFt1,008 SqFtAbove Grade Finished SqFt1,008 SqFtStories2Lot Size2,672 SqFtStyleSingle Family ResidenceYear Built1938ZoningEMR3YYCountyLOS ANGELESAPN8565-018-004

Schools near 3128 Mountain View Road

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 3128 Mountain View Road, El Monte, CA 91732

3128 Mountain View Road is a multi-family home for sale in El Monte, CA 91732. This property was listed for sale on April 16, 2026 by Rise Realty, it's currently listed at $1,499,999. 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. 3128 Mountain View Road is a 6-bed, 4-bath, 3,374 sqft multi-family home built in 1933.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Rise Realty, Jake Ison, DRE #02243439

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.