11441 Asher Street, El Monte, California image 1
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11441 Asher Street

El Monte, CA 91732
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$12,500,000 $52,700/Mo
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Bed 1

Bed

Bath 1

Bath

SqFt60,373

Sqft(Lot)

We are pleased to present the exclusive opportunity to acquire Asher Apartments, a well-maintained 65-unit multifamily community located in El Monte, California. Offered for sale for the first time in more than 40 years, this property represents a rare chance to acquire a generational asset with substantial value-add potential in one of the San Gabriel Valley’s strongest rental markets. The property features spacious one-bedroom units with interior upgrades including laminate wood and tile flooring, updated kitchens and bathrooms. Residents benefit from a secure, gated community with controlled-access parking, an on-site laundry facility, individual water heaters, and a new roof installed in 2020. Currently operating at an attractive 6.0% cap rate, Asher Apartments offers approximately 25% upside in rental income. By repositioning the asset to market rents, an investor has the opportunity to increase cash flow and achieve an estimated 8.1% pro forma cap rate. Situated on an oversized parcel within El Monte’s Qualified Opportunity Zone, the property also offers potential for future ADU development with the potential tax advantages associated with Opportunity Zone investments. We kindly ask that you please DO NOT DISTURB THE TENANTS.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $12,500,000

AD Id : 91087167

MLS Id : PW26196840

Beds : 1

Lot Size : 60,373 Sqft

Year Built : 1963

County : Los Angeles

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Feature Features

  • Building Information

    Year Built: 1963
    Building Area Total: 39989
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 60373 Lot Size Acres: 1.386 Lot Size Source: Assessor Lot Size Square Feet: 60,373 Lot Description: IrregularLot

  • Listing Price Information

    Listing Price: $12500000
    Conventional

  • Tax Information

    Parcel Number: 8566022012 Tax Lot: 7

  • Parking Information

    Parking Total: 65

  • Location Information

    Direction: Going North on Peck Rd., Turn Right Onto Asher St., Property Will be on Your Left WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2730 Penn Mar, El Monte, CA, 91732 $1,750,000 1 1 -- 12,231 Sqft

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The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/12/2026 @ 15:44

MLS: PW26196840 LISTED BY: Ryan Loria, Triqor Group 949-756-3232 SOURCE: CRMLS

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