4159 Gilman Rd

El Monte, CA 91732

$1,550,000
Price
4
Beds
5
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
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Description

Prime 5-Unit Value-Add Investment in Rapidly Gentrifying West SGV area (No Local Rent Control) | Highly Desirable Layout SFR + Fourplex | Major CAPEX have been completed (Roof, Electrical, Sewer, and Plumbing) | First Time on Market in 21 Years. For the first time in over two decades, 4159 Gilman Rd., a 5-unit value-add investment opportunity in one of El Monte’s most rapidly gentrifying neighborhoods. Situated on a sprawling 12,100+ SF R3 lot, this unique 5-unit property features an ideal layout...Prime 5-Unit Value-Add Investment in Rapidly Gentrifying West SGV area (No Local Rent Control) | Highly Desirable Layout SFR + Fourplex | Major CAPEX have been completed (Roof, Electrical, Sewer, and Plumbing) | First Time on Market in 21 Years. For the first time in over two decades, 4159 Gilman Rd., a 5-unit value-add investment opportunity in one of El Monte’s most rapidly gentrifying neighborhoods. Situated on a sprawling 12,100+ SF R3 lot, this unique 5-unit property features an ideal layout comprising a large single-family home in the front and a detached fourplex in the rear. This offering provides a 5.20% In-place CAP Rate with a clear upside to take it to 7.21% Proforma CAP Rate. The property was built in 1946 and consists of 2 buildings, a front single family house, and a fourplex. The property boasts a superb unit mix of all two-bedroom units, including a front house with a bonus den, and offers substantial upside potential through ADU development and laundry income. The property has undergone significant and major recent capital expenditures, including a new roof, upgraded electrical panels, a re-sleeved sewer line, a replaced main water line, and most recently a driveway recoat —significantly limiting future deferred maintenance. Most of these upgrades were completed in 2024. Two of the units in the back have been completely upgraded in 2024 with permits. Each unit has their own private backyard or side yard or deck. Located in a quiet, predominantly single-family neighborhood surrounded by new townhouse developments, the property is highly attractive to local renters. With no local rent control (subject only to CA AB 1482) and a strategic location providing consistent demand for rental unit, this asset offers the perfect blend of immediate stability and long-term wealth creation. The property has a total of 10 parking spaces (with extra land to park more). There is no parking soft story retrofit requirement in El Monte. Each unit is separately metered for electricity and gas. There is a laundry room without any machine – new owner can add coin-operated laundry machines to generate additional income.

4159 Gilman Rd benefits from a highly strategic location in one of El Monte’s most rapidly transforming residential neighborhoods. Tenants are drawn to this pocket for its quiet, tree-lined streets, while still enjoying immediate access to major employment hubs, top-tier retail, and excellent transit.
  1. Listed by Handoko Chen • DRE #01749321 • Brokerage DRE #02201380 • Growth Investment Group Pasade • han.chen@growthinvestmentgroup.com

Property Details for 4159 Gilman Road

Architectural Style
Mid Century Modern, Ranch
Parking Spaces Total
10
Private Pool
No
Cooling Type
Wall/Window Unit(s)
Total Units
5.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
0
LISTING UPDATED: 03/23/2026 09:21 AM

Property Details for 4159 Gilman Road

StatusActive
MLS #AR26062944
Days on Market6
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Res Income 2-4 Units
Year Built1946
CountyLos Angeles County
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Location

Listing Courtesy of Growth Investment Group Pasade, Handoko Chen, DRE #01749321
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Building Information for 4159 Gilman Road

Building/Complex4159 Gilman RdFloor-Stories2Residences-Pet Policy-Pet Policy Details-Year Built1946Building Size-

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$8,901 per month

30 year fixed, 6.11% Interest

Principal and Interest

$7,522

Property Taxes

$1,379

HOA Dues

$0

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Property Information for 4159 Gilman Road

Rental Info
Rental Info
  • Tenant Pays: Gas, Electricity
Income / Expense / Tax Details
Income Details
  • Gross Income: $118,440
  • Gross Scheduled Income: $118,440
  • Vacancy Allowance Rate: 2
  • Gross Operating Income: $116,071
  • Net Operating Income: $80,773
  • Gross Multiplier: 13.09
  • Cap Rate: 5.2
  • Current Financing: None
Expense Details
  • Operating Expense: $35,298
  • Operating Expense Percent: 30.00%
  • New Taxes Expense: $18,404
  • Gardener Expense: $1,200
  • Fuel Expense: $0
  • Pool Expense: $0
  • Security Expense: $0
  • Electric Expense: $211
  • Insurance Expense: $4,089
  • Maintenance Expense: $3,000
  • Professional Management Expense: $0
  • Workmans Compensation Expense: $0
  • Trash Expense: $5,109
  • Water Sewer Expense: $2,936
  • Total Expenses: $35,298
Tax / Assessment Info
  • Tax Annual Amount: $18,404
  • Tax Tract Number: 13134
  • CFD/Mello-Roos Fee: $349
  • Tax Lot: 1
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Buyer to Verify
  • Community Features: Valley, Suburban
Property / Structure Info
Interior Features
  • Appliances: Water Heater, Refrigerator, Gas Range
  • Equipment: None, Refrigerator
  • Laundry: No
  • Laundry Features: None
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Wall Furnace
  • Heating: Wall Furnace
  • Flooring Type: Vinyl, Wood, Laminate
  • Flooring: Vinyl, Wood, Laminate
  • Virtual Tour URL Branded: http://growthinvestmentgroup.com/listingdetail.aspx?pid=10534
Exterior Features
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Exterior: Stucco
  • Roof: Shingle
  • Entry Location: 1
  • Fence: No
  • Fence: None
  • Fencing: None
  • Foundation Details: Raised
  • Foundation Details: Raised
  • Property Condition: Repairs Cosmetic, Updated/Remodeled
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
  • Spa Features: None
  • Spa Heat: N/K
Land/Lot Info
  • Lot Features: Rectangular Lot, Near Public Transit, Lot 10000-19999 Sqft, Lawn
  • Direction Faces: Southeast
  • Number Of Units: 5
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Phone Available, Sewer Connected, Cable Connected, Electricity Connected, Water Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Assigned, Carport
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 0
  • Carport Spaces: 6
  • Parking Features: Assigned, Carport
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: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,950
  • Unit Type Total Rent: $1,950
  • Unit Type Pro Forma: 2800
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 8
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,980
  • Unit Type Total Rent: $7,920
  • Unit Type Pro Forma: 9600
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 5
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 0
  • Number With Range: 5
  • Number With Refrigerator: 0
  • Number With Disposal: 5
  • Number With Patio: 5
  • Number Wall AC: 5

Property History for 4159 Gilman Road

DateEvent & SourcePriceAppreciation
Mar 23, 2026

Listed (Active)

CRMLS #AR26062944

$1,550,000—
Mar 23, 2026

Listed (Active)

CLAW #AR26062944MR

$1,550,000—
Mar 23, 2026

Listed (Active)

SDMLS #AR26062944

$1,550,000—
Oct 21, 2005

Sold

CLAW #A504035MR

$792,000—
Oct 21, 2005

Sold

CRMLS #A504035

$792,000—
Oct 20, 2005

Sold (Public Record)

Public Record #166541006

$777,000—
Sep 12, 2005

Pending

CRMLS #A504035

—
Sep 12, 2005

Pending

CLAW #A504035MR

—
Jul 15, 2005

Listed (Active)

CRMLS #A504035

$820,000—
Jul 15, 2005

Listed (Active)

CLAW #A504035MR

$820,000—
DateEvent & SourcePrice
03/23/2026

Listed (Active)

CRMLS #AR26062944

$1,550,000
03/23/2026

Listed (Active)

CLAW #AR26062944MR

$1,550,000
03/23/2026

Listed (Active)

SDMLS #AR26062944

$1,550,000
10/21/2005

Sold

CLAW #A504035MR

$792,000
10/21/2005

Sold

CRMLS #A504035

$792,000
10/20/2005

Sold (Public Record)

Public Record #166541006

$777,000
09/12/2005

Pending

CRMLS #A504035

—
09/12/2005

Pending

CLAW #A504035MR

—
07/15/2005

Listed (Active)

CRMLS #A504035

$820,000
07/15/2005

Listed (Active)

CLAW #A504035MR

$820,000

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

Public Records for 4159 Gilman Road

Taxable ValueLand$584,889Additions$476,929Total$1,061,818
Tax Record2025$16,545 ($1,379 / month)
Home Facts
Total Finished SqFt4,340 SqFtAbove Grade Finished SqFt4,340 SqFtLot Size12,169 SqFtStyleMulti-Family Res (5+ Units)Year Built1946ZoningEMR3YYCountyLOS ANGELESAPN8549-002-002

Schools near 4159 Gilman Road

This home is within El Monte Union High School District.
Rating
School
Type
Grades
Distance
La Primaria Elementary School
Public - K to 3
Mountain View 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
La Primaria Elementary School
PublicK to 3

Mountain View 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 4159 Gilman Road, El Monte, CA 91732

4159 Gilman Road is a multi-family home for sale in El Monte, CA 91732. This property was listed for sale on March 23, 2026 by Growth Investment Group Pasade, it's currently listed at $1,550,000. It has been on the market for a total of 6 days and was last sold on October 21, 2005. This listing's school districts are El Monte Union High School District, Mountain View Elementary School District. Nearby schools include La Primaria Elementary School, Mountain View High School and El Monte Union High School Community Day. 4159 Gilman Road is a 4-bed, 5-bath, multi-family home built in 1946.

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 Growth Investment Group Pasade, Handoko Chen, DRE #01749321

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.