3 months on rocket

3438 Gilman Rd, El Monte, CA, 91732

$950,000

Home List Price

$10,000*

Closing Credit

0 Baths
Condo
Schools Nearby

Location

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3438 Gilman Rd, El Monte$950,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
Year Built1962
MLS #CV24015480
Lot Size0.12 Acres
StatusActive

About 3438 Gilman Rd

JUST REDUCED! We are pleased to present a 4-Unit multi-family investment opportunity in the prime area of North El Monte. This fourplex features (1) 2-Bed/1-Bath unit, and (3) 1-Bed/1-Bath units. Tenants have access to on-site carport parking and yard space. Each unit is separately metered for gas and electricity. This property offers a substantial 45% potential upside in rental income, making it an attractive prospect for maximizing return on investment. Moreover, the property enjoys the advantage of no local city rent control, giving you the flexibility to reposition tenants with a "substantial remodel" approach in an effort to obtain competitive rental rates, and optimize your investment strategy. One unit to be delivered vacant at the close of escrow.

Property Details

Property Features

Property Information:

  • Year Built: 1962
  • Stories: 2

Listing Office:

  • Office Name: RE/MAX 2000 REALTY
  • Office Phone: (909) 645-0443
  • Listing Agent: Kristopher German

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

School Info

Assigned Schools Information:

  • Mountain View High School, Public District Grades 9-12
  • Twin Lakes Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: North of I-10, West of I-605; Near the Intersection of Exline St & Gilman Rd

Price Information

Listing Price Info

Price Summary:

  • List Price: $950,000

Tax Information:

  • Annual Amount: $5,311
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in El Monte, CA.

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El Monte, CA

City

Med. List Price

$699K

Med. Price/SqFt

$488

Avg. Days On Market

66

# of Sold Homes

15

3438 Gilman Rd vs El Monte

94 DAYS ON ROCKET

+28 Days

$950,000

+$251K More

KEY TAKEAWAY

This property is $251K more than the Median List Price in El Monte, CA.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #CV24015480

Listing Office:

  • Office Name: RE/MAX 2000 REALTY
  • Office Phone: (909) 645-0443
  • Listing Agent: Kristopher German

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 5:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$5,311$322,692
2020$5,158$319,384
2019$4,945$313,123
2018$4,824$306,984
2017$4,824$300,966

History based on county public records data.

Payment Calculator

$4,809

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,915

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2910710
3
/10

  • Twin Lakes Elementary School

  • 3900 Gilman Rd

  • 0.45 miles

  • Public District Grades KG-6

High School

school-card-donut-2910711
3
/10

  • Mountain View High School

  • 2900 Parkway Dr

  • 0.80 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $79,009. Most El Monte, CA residents have annual incomes between $35k-100k. Most families are married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3438 Gilman Rd

What is the listing price of this property?

The listing price of 3438 Gilman Rd property is $950,000.

What type of property is this?

The property 3438 Gilman Rd is a condo located in El Monte, California, 91732.

Is this property for sale now?

Active Listing: 3438 Gilman Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 3438 Gilman Rd are:
Twin Lakes Elementary School: GreatSchools Rating 3/10
Mountain View High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,311 (source: MLS/based on county public records data).

Which year was this property built?

The year of construction for 3438 Gilman Rd is 1962.

Rocket Homes›California›Los Angeles County›El Monte›91732›3438 Gilman Rd

This home is located at 3438 Gilman Rd in El Monte, CA and zip code 91732 in the The San Gabriel Valley neighborhood. This home, which was built in 1962, sits on a 0.12 acre lot. It has been listed on Rocket Homes since January 25, 2024 and is currently priced at $950,000.

The number of homes for sale in El Monte, CA increased by 3.8% between February 2024 and March 2024. The median list price of listings available in March 2024 was $699,000, while the average time on the real estate market was 66 days.

From Rocket Homes Real Estate and based on county public records data.

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