2921 Allgeyer Avenue, El Monte, CA 91732

Local realty services provided by:Better Homes and Gardens Real Estate Clarity
2921 Allgeyer Avenue,El Monte, CA 91732
$4,400,000
  • 3 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:ryan loria
Office:triqor group
MLS#:PW25157841
Source:San Diego MLS via CRMLS

Price summary

  • Price:$4,400,000

About this home

We are pleased to present The Greenwood Apartments, an 18-unit apartment community in El Monte, CA. This property features an ideal unit mix of large 1 and 2-bedroom units, gated entry, carport parking, individual gas and electric meters, as well as individual water heaters. The building has undergone several upgrades such as a new roof (2025), new electrical panels, new paint, and new windows. Interiors have been tastefully renovated with granite countertops, laminate wood flooring, upgraded bathrooms, and stainless-steel appliances. This multigenerational asset has been meticulously maintained and professionally managed throughout ownership and is on the market for the first time in 50 years. The property generates a current cap rate of 4.5%, 6.1% with market rents, offering an investor roughly 22% upside in rental income. Furthermore, the property sits on an oversized lot in El Montes qualified opportunity zone which presents substantial development and ADU potential as well as

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Home facts

  • Listing ID #:PW25157841
  • Added:67 day(s) ago
  • Updated:October 01, 2025 at 01:59 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2

Finances and disclosures

  • Price:$4,400,000
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