Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3429 Nevada Ave El Monte, CA 91731

    View on Map
    Sponsored
    For Sale
    $1,090,000

    Triplex - El Monte, CA

    Type:Triplex
    Property size:
    2,272 SF
    Lot size:
    6,739.00 Acres
    Days on Market:
    3
    Last Refresh:
    Mar 15 at 8:06 am

    Property Features for 3429 Nevada Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    5
    Bathrooms
    4
    APN
    8579010005
    Parking features
    Assigned
    Exterior features
    Community Features Included: Sidewalks, 2-5 Units/Acre
    Size
    2,272 SF
    Lot size
    6,739.00 Acres

    Building Details

    Year built
    1948
    Floors in Building
    1
    Number of units
    3
    Architectural style
    Other

    We can help!

    Listing Contact
    X F SHIRLEY H. LAM

    IRN Realty (626) 447-5100

    Listing agent X F SHIRLEY H. LAM (626) 447-5100 License #01254472

    Listing date Mar 13, 2026

    MLS# WS26053869 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    El Monte Triplex Opportunity

    This multi-family property in El Monte, California, presents an investment opportunity. The property features three units, including a primary residence with 3 bedrooms and 2 bathrooms. The building has a total area of 2272 square feet and is located on a lot of approximately 0.15 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    El Monte
    County
    Los Angeles
    State
    California
    Longitude
    -118.0373731
    Latitude
    34.071275

    Nearby Similar for Sale

    • $3,700,000
      10,240 SF

      El Monte Multifamily Investment

      20-unit multifamily property with strong cash flow and upside.
      3841 Peck Rd, El Monte, CA 91732
      View Details
    • New
      $960,000
      1,824 SF

      El Monte Duplex Opportunity

      Duplex in El Monte, rebuilt in 2000, great investment opportunity.
      3951 Arden Dr, El Monte, CA 91731
      View Details
    • $1,499,000
      3,274 SF

      El Monte Quadruplex Investment Opportunity

      Four units on a large lot near I-10 Freeway.
      3644 Baldwin Ave, El Monte, CA 91731
      View Details
    • $1,499,000
      3,739 SF

      El Monte Quadruplex Investment Opportunity

      Four-unit property in El Monte with diverse unit mix.
      3704 Baldwin Ave, El Monte, CA 91731
      View Details
    • $748,888
      1,560 SF

      El Monte Duplex Opportunity

      Well-maintained duplex in El Monte with income potential.
      10718 Owens Way, El Monte, CA 91733
      View Details
    • $1,050,000
      3,031 SF

      El Monte Quadruplex Opportunity

      Multi-family property with four units in El Monte, CA.
      2518 Sastre Ave, El Monte, CA 91733
      View Details
    • $1,100,000
      2,168 SF

      El Monte Duplex with Garages

      Spacious duplex in El Monte with private garages and patios.
      4104 Elrovia Ave, El Monte, CA 91732
      View Details
    • $2,100,000
      5,768 SF

      El Monte Multifamily Investment Property

      Well-maintained 7-unit apartment building in El Monte, California.
      3462 Durfee Ave, El Monte, CA 91732
      View Details
    • $450,000

      Established Auto Shop in El Monte

      Operating auto body shop with equipment included, El Monte, CA.
      12227 Valley Blvd, El Monte, CA 91732
      View Details
    • New
      $1,050,000
      1,729 SF

      El Monte Duplex Investment Opportunity

      Duplex in El Monte with income potential and development possibilities.
      4011 Gibson Rd, El Monte, CA 91731
      View Details
    • $1,700,000
      3,144 SF

      El Monte Warehouse For Sale

      Modern warehouse in El Monte, ideal for owner-user or investor.
      2714 Seaman Ave, El Monte, CA 91733
      View Details
    • $1,400,000
      3,028 SF

      El Monte Triplex with Large Lot

      Triplex in El Monte featuring a spacious lot and units.
      2908 Cogswell Rd, El Monte, CA 91732
      View Details

    FAQs

    What type of property is this?
    Triplex - Multi-family triplex with a 3-bedroom primary residence.
    Where is this triplex located?
    The property is located at 3429 Nevada Ave El Monte, CA.
    What is the asking price?
    The asking price for this property is $1,090,000.
    What are key features of this property?
    This property features: - Multi-family property with 3 units - Ideal investment opportunity; - The primary front unit is a spacious 3 bedroom, 2 bath home; - Convenient street location
    (626) 447-5100
    Request Owner's contact information
    3429 Nevada Ave El Monte, CA 91731
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3429 Nevada Ave
    El Monte, CA 91731
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3429 Nevada Ave El Monte, CA 91731
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    X F SHIRLEY H. LAM
    Real Estate License ID: 01254472
    (626) 447-5100
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!