Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Triplex in Great Condition Title is generated by Realmo AI

    2306 Burkett, El Monte, CA 91732

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Three stand-alone structures, well-kept, ideal for large family or investor.

    Type:Multifamily
    Added:
    Sep 26, 2025
    Days on Market:
    229
    Last Refresh:
    Mar 18 at 7:49 am

    Property Features for 2306 Burkett

    General Information

    Standard status
    Active
    Property subtype
    Multifamily

    We can help!

    Listing Contact
    CRAIG ROYBAL

    Listing agent CRAIG ROYBAL License #01946080

    Listing office REALTY MASTERS & ASSOCIATES

    Listing date Sep 26, 2025

    Source Crexi

    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 REALTY MASTERS & ASSOCIATES

    HighLights

    • Three stand‑alone structures offer multiple rental income streams or multi‑generational living.
    • Two 2‑bed, 1‑bath homes provide comfortable living spaces.
    • Converted garage creates a 1‑bedroom studio apartment for additional rental potential or flexible use.
    • Well‑kept property in great condition minimizes immediate maintenance concerns.
    • Suitable for both large families and investors.
    • Investment opportunity with potential for portfolio growth.

    Overview

    This property presents an investment opportunity. It features three stand-alone structures, including two 2-bedroom, 1-bath homes. The garage has been converted into a studio apartment with 1 bedroom. This studio could be integrated as a spare room with one of the two units or rented separately. The property is well-kept and in great condition, suitable for a large family or an investor looking to expand their portfolio.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    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
    -118.0208269
    Latitude
    34.0467299

    Nearby Similar for Sale

    • $1,650,000
      6,296 SF

      El Monte Quadruplex Investment Opportunity

      Multi-unit property in El Monte with income potential.
      5227 Hammill Road, El Monte, CA 91732
      View Details
    • $1,429,000
      3,960 SF

      El Monte Quadruplex Investment Opportunity

      Four-unit income property in the San Gabriel Valley.
      4128 Eunice Avenue, El Monte, CA 91731
      View Details
    • $1,598,000
      3,095 SF

      El Monte Quadruplex on Large Lot

      Rare quadruplex with detached units on a large lot.
      11224 Lower Azusa, El Monte, CA 91731
      View Details
    • $929,000
      1,729 SF

      El Monte Duplex Investment Opportunity

      Duplex in El Monte with income potential and development possibilities.
      4011 Gibson, El Monte, CA 91731
      View Details
    • $1,650,000
      2,450 SF

      El Monte Quadruplex Investment Opportunity

      Multi-unit property in El Monte with income potential.
      5227 Hammill Road, El Monte, CA 91732
      View Details
    • $3,600,000
      10,240 SF

      El Monte Multifamily Investment Property

      20-unit multifamily property with strong cash flow and upside potential.
      3841 Peck Road, El Monte, CA 91732
      View Details
    • $4,400,000
      9,906 SF

      El Monte Income Property

      Well-maintained income property with 13 units on half acre.
      3641 Durfee, El Monte, CA 91732
      View Details
    • $1,790,000
      4,304 SF

      El Monte Triplex Investment Opportunity

      Triplex on a large lot with development potential.
      2915 Allgeyer, El Monte, CA 91732
      View Details
    • $1,200,000
      3,039 SF

      Multi-Unit Residential Income Property

      Five-unit property with income potential in El Monte, CA.
      2515 Mountain View Road, El Monte, CA 91733
      View Details
    • $1,799,999
      3,451 SF

      El Monte Triplex on Large Lot

      Triplex in El Monte with ADU potential on large lot.
      3335 California Avenue, 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, El Monte, CA 91731
      View Details
    • $1,250,000
      3,074 SF

      Versatile Commercial Property in El Monte

      Two-unit commercial property ideal for various business uses.
      10942 Ramona, El Monte, CA 91731
      View Details

    FAQs

    What type of property is this?
    Triplex - Three stand-alone structures, well-kept, ideal for large family or investor.
    Where is this triplex located?
    The property is located at 2306 Burkett El Monte, CA.
    What is the asking price?
    The asking price for this property is $925,000.
    What are key features of this property?
    This property features: Three stand‑alone structures offer multiple rental income streams or multi‑generational living.; Two 2‑bed, 1‑bath homes provide comfortable living spaces.; Converted garage creates a 1‑bedroom studio apartment for additional rental potential or flexible use.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    CRAIG ROYBAL
    Real Estate License ID: 01946080
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    2306 Burkett, El Monte, CA 91732
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!