65-Unit Apartment
For Sale
$12,500,000
11441 Asher Street, El Monte, CA 91732
Gated multifamily community with upgraded interiors, controlled-access parking, and on-site laundry.
Property Size39,989 SF
Days on Market9
Property Features for 11441 Asher Street
General Information
Standard status
Active
Size
39,989 SF
Property subtype
Apartment
Financials
Cap Rate
6%
Opportunity Zone
Yes
Units
Unit Mix
65 x 1BR
Multifamily Units
65
Amenities
on-site laundry facility
gated community
controlled-access parking
individual water heaters
Building Details
Building Size
39,989 SF
Year Built
1963
Listing Agency:
Triqor Group
Listed By:
Ryan Loria · License #02006138
(949) 756-3232
Source:
Archetyperealty
Added: Sep 8
Changed: Sep 10
Last Checked: Sep 15 at 9:33AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Triqor Group
Investment Insights
Based on property information with market context.
This 65-unit apartment community, built in 1963, offers a one-bedroom unit mix with improvements that include laminate wood and tile flooring, refreshed kitchens, and updated bathrooms. The property also provides gated access, controlled-access parking, on-site laundry, and individual water heaters. A roof replacement was completed in 2020.
The community is located in El Monte, California, within the San Gabriel Valley and an identified Qualified Opportunity Zone. The property sits on an oversized parcel and includes potential for future ADU development. Current operations reflect a 6.0% cap rate, while the stated pro forma projection is an 8.1% cap rate based on repositioning rents to market levels.
The community is located in El Monte, California, within the San Gabriel Valley and an identified Qualified Opportunity Zone. The property sits on an oversized parcel and includes potential for future ADU development. Current operations reflect a 6.0% cap rate, while the stated pro forma projection is an 8.1% cap rate based on repositioning rents to market levels.
Key Highlights
- 65‑unit apartment community with one‑bedroom units
- Updated kitchens and bathrooms with laminate wood and tile flooring
- Gated property with controlled‑access parking
Property Analytics
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Current Use
Lease Details
65
Residential units
Location Intelligence
Trade Area within ½ mile
2,020
Businesses Nearby
Explore this area
Business Placement
Demographics for 91732, CA
60,137
Population
15,995
Households
3.8
Avg Household Size
36
Median Age
15%
College-Educated
66%
High-School Grad
4.5 sq mi
ZIP Area
13,364
Density / Sq Mi
$67,172
Median Household Income
$31,884
Median Earnings
$1,752
Median Rent
$628,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Gated multifamily community with upgraded interiors, controlled-access parking, and on-site laundry.
Where is this apartment building located?
The property is located at 11441 Asher Street El Monte, CA.
What is the asking price?
The asking price for this property is $12,500,000.
What are key features of this property?
This property features: 65‑unit apartment community with one‑bedroom units; Updated kitchens and bathrooms with laminate wood and tile flooring; Gated property with controlled‑access parking
