Triplex with ADU
For Sale
$1,399,999
2108 S Central AVE, South El Monte, CA 91733
R1 zoning allows three primary units, with the possibility of one additional accessory dwelling unit.
Property Size3,133 SF
Price / SF$446.86
Days on Market92
Property Features for 2108 S Central AVE
General Information
Standard status
Active
Size
3,133 SF
Property subtype
MULTI_FAMILY
Zoning
R1
Additional Details
Multifamily Units
3
Building Details
Building Size
3,133 SF
Year Built
1954
Buildings
1
Listing Agency:
Re/Max Desert Properties
Listed By:
Raquel Davalos · License #01213031
(760) 408-8899
Source:
Donhellergroup
Added: Aug 1
Changed: Oct 27
Last Checked: Oct 27 at 4:14AM
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 Re/Max Desert Properties
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Investment Insights
Based on property information with market context.
Built in 1954, this triplex is configured for three primary units under its R1 zoning. Current regulations may permit one accessory dwelling unit, for a potential total of four units. The property is limited to two stories under the stated zoning rules.
Potential changes could include renovation, expansion, or redevelopment, subject to applicable zoning requirements. Any configuration would remain limited to three primary units plus one accessory dwelling unit.
Potential changes could include renovation, expansion, or redevelopment, subject to applicable zoning requirements. Any configuration would remain limited to three primary units plus one accessory dwelling unit.
Key Highlights
- Three primary units under current R1 zoning
- One accessory dwelling unit may be permitted, for up to four total units
- Current regulations limit the property to two stories
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,713
Cap Rate
3.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,094,260
$1.1M
Cap Rate 7%
$781,614
$781.6K
Cap Rate 9%
$607,922
$607.9K
Market Conditions
NOI Build-Up for 3,133 SF
Gross rent
$84.6K $27.00/SF
− Vacancy
−$6.4K −$2.05/SF
EGI
$78.2K $24.95/SF
− OpEx
−$23.4K −$7.48/SF
NOI
$54.7K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,094,260
Cap Rate 7%
$781,614
Cap Rate 9%
$607,922
Alternative Uses
Best Use
Multifamily LT 5
$781.6K
$683.9K – $911.9K
NOI $54,713 @ 7.0% cap · market cap 3.91%
Second Best
Apartment 5plus
$720.2K
$630.2K – $840.2K
NOI $50,412 @ 7.0% cap · market cap 3.60%
Theoretical Best
Office A
$1.68M
$1.47M – $1.96M
NOI $117,418 @ 7.0% cap · market cap 8.39%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,782
Businesses Nearby
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Business Placement
Demographics for 91733, CA
41,990
Population
11,172
Households
3.8
Avg Household Size
36
Median Age
11%
College-Educated
56%
High-School Grad
6.7 sq mi
ZIP Area
6,267
Density / Sq Mi
$67,245
Median Household Income
$32,486
Median Earnings
$1,658
Median Rent
$601,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - R1 zoning allows three primary units, with the possibility of one additional accessory dwelling unit.
Where is this triplex located?
The property is located at 2108 S Central AVE South El Monte, CA.
What is the asking price?
The asking price for this property is $1,399,999.
What are key features of this property?
This property features: Three primary units under current R1 zoning; One accessory dwelling unit may be permitted, for up to four total units; Current regulations limit the property to two stories
