11441 Asher Street, El Monte, CA 91732

El Monte
Local realty services provided by:ERA Donahoe Realty
11441 Asher Street,El Monte, CA 91732
$12,500,000
  • 1 Beds
  • 1 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: ryan loria
Office: triqor group
MLS#:PW26196840
Source:San Diego MLS via CRMLS

Price summary

  • Price:$12,500,000

About this home

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 Valleys 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...

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Home facts

  • Listing ID #:PW26196840
  • Added:1 day(s) ago
  • Updated:September 09, 2026 at 02:37 AM

Rooms and interior

  • Bedrooms:1
  • Total bathrooms:1

Finances and disclosures

  • Price:$12,500,000
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