Mixed-Use Property with
For Sale
$2,590,000
10640 Main Street, El Monte, CA 91731
Commercial Sale, El Monte, CA
Property Size13,072 SF
Price / SF$198.13
Days on Market162
Property Features for 10640 Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
Corner of Main St and Granada Ave
Subdivision
619 - El Monte
Standard status
Active
APN
8579001015
Additional Details
Mixed-Use Components
retail, office
Building Details
Year built
1927
Buildings
1
Listing Agency:
KELLER WILLIAMS COVINA · Keller Williams Realty
(626) 966-3641
Listed By:
Javier Montiel · License #01811005
(626) 589-1221
Added: May 26
Changed: Nov 2
Last Checked: Nov 3 at 12:06AM
MLS# CV26113774
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.
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Investment Insights
Based on property information with market context.
Built in 1927, this SP4-zoned mixed-use property contains approximately 10,912 SF on two floors, plus a mezzanine of roughly 2,160 SF. The ground level combines a retail storefront with fitting rooms and substantial support space used for storage, office functions, and staff needs. Two restrooms serve this floor, with provision for a third. The upper level has an open layout, a bathroom with a shower, washer and dryer hookups, and a separate street-level entrance. Additional flex rooms and a private restroom occupy another section of the second floor.
The property has three separate addresses on Main Street in Downtown El Monte. It is within walking distance of the El Monte Metrolink and Bus Stations, with access to the I-10 and 605 freeways. A weekly Night Market and local events contribute activity in the surrounding area.
The property has three separate addresses on Main Street in Downtown El Monte. It is within walking distance of the El Monte Metrolink and Bus Stations, with access to the I-10 and 605 freeways. A weekly Night Market and local events contribute activity in the surrounding area.
Key Highlights
- Approximately 10,912 SF across two levels, plus a roughly 2,160 SF mezzanine
- SP4 zoning; building dates to 1927
- Three separate addresses on Main Street in Downtown El Monte
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$230,394
Cap Rate
8.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,607,880
$4.6M
Cap Rate 7%
$3,291,343
$3.3M
Cap Rate 9%
$2,559,933
$2.6M
Market Conditions
NOI Build-Up for 13,072 SF
Gross rent
$392.2K $30.00/SF
− Vacancy
−$23.5K −$1.80/SF
EGI
$368.6K $28.20/SF
− OpEx
−$138.2K −$10.58/SF
NOI
$230.4K $17.63/SF
Area
El Monte, CA
Vacancy
6.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,607,880
Cap Rate 7%
$3,291,343
Cap Rate 9%
$2,559,933
Alternative Uses
Best Use
Retail
$4.72M
$4.13M – $5.51M
NOI $330,420 @ 7.0% cap · market cap 12.76%
Second Best
Mixed Use
$3.29M
$2.88M – $3.84M
NOI $230,394 @ 7.0% cap · market cap 8.90%
Theoretical Best
Multifamily LT 5
$248.39M
$217.34M – $289.79M
NOI $17,387,366 @ 7.0% cap · market cap 671.33%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,728
Businesses Nearby
Explore this area
Business Placement
Demographics for 91731, CA
28,197
Population
8,809
Households
3.2
Avg Household Size
38
Median Age
15%
College-Educated
68%
High-School Grad
3.8 sq mi
ZIP Area
7,420
Density / Sq Mi
$60,887
Median Household Income
$33,530
Median Earnings
$1,583
Median Rent
$614,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Retail, office, storage, and flexible rooms occupy a two-level building with separate street-level access to the upper floor.
Where is this mixed-use property located?
The property is located at 10640 Main Street El Monte, CA.
What is the asking price?
The asking price for this property is $2,590,000.
What are key features of this property?
This property features: Approximately 10,912 SF across two levels, plus a roughly 2,160 SF mezzanine; SP4 zoning; building dates to 1927; Three separate addresses on Main Street in Downtown El Monte
