Properties

El Monte, CA 91732 4159 Gilman

4159 Gilman El Monte, CA - Image 14159 Gilman El Monte, CA - Image 24159 Gilman El Monte, CA - Image 3
28 more
4159 Gilman El Monte, CA - Image 44159 Gilman El Monte, CA - Image 54159 Gilman El Monte, CA - Image 64159 Gilman El Monte, CA - Image 74159 Gilman El Monte, CA - Image 84159 Gilman El Monte, CA - Image 94159 Gilman El Monte, CA - Image 104159 Gilman El Monte, CA - Image 114159 Gilman El Monte, CA - Image 124159 Gilman El Monte, CA - Image 134159 Gilman El Monte, CA - Image 144159 Gilman El Monte, CA - Image 154159 Gilman El Monte, CA - Image 164159 Gilman El Monte, CA - Image 174159 Gilman El Monte, CA - Image 184159 Gilman El Monte, CA - Image 194159 Gilman El Monte, CA - Image 204159 Gilman El Monte, CA - Image 214159 Gilman El Monte, CA - Image 224159 Gilman El Monte, CA - Image 234159 Gilman El Monte, CA - Image 244159 Gilman El Monte, CA - Image 254159 Gilman El Monte, CA - Image 264159 Gilman El Monte, CA - Image 274159 Gilman El Monte, CA - Image 284159 Gilman El Monte, CA - Image 294159 Gilman El Monte, CA - Image 304159 Gilman El Monte, CA - Image 314159 Gilman El Monte, CA - Image 32
Presented By: Handoko Chen with Growth Investment Group Pasade; han.chen@growthinvestmentgroup.com
  • MLS# AR26062944
  • 03/23/2026
  • Get pre-approved
  • Request Tour
  • Request Info
  • Baths • 1

Home Details

Prime 5-Unit Value-Add Investment in Rapidly Gentrifying West SGV area (No Local Rent Control) | Highly Desirable Layout SFR + Fourplex | Major CAPEX have been completed (Roof, Electrical, Sewer, and Plumbing) | First Time on Market in 21 Years. For the first time in over two decades, 4159 Gilman Rd., a 5-unit value-add investment opportunity in one of El Monteโ€™s most rapidly gentrifying neighborhoods. Situated on a sprawling 12,100+ SF R3 lot, this unique 5-unit property features an ideal layout comprising a large single-family home in the front and a detached fourplex in the rear. This offering provides a 5.20% In-place CAP Rate with a clear upside to take it to 7.21% Proforma CAP Rate. The property was built in 1946 and consists of 2 buildings, a front single family house, and a fourplex. The property boasts a superb unit mix of all two-bedroom units, including a front house with a bonus den, and offers substantial upside potential through ADU development and laundry income. The property has undergone significant and major recent capital expenditures, including a new roof, upgraded electrical panels, a re-sleeved sewer line, a replaced main water line, and most recently a driveway recoat โ€”significantly limiting future deferred maintenance. Most of these upgrades were completed in 2024. Two of the units in the back have been completely upgraded in 2024 with permits. Each unit has their own private backyard or side yard or deck. Located in a quiet, predominantly single-family neighborhood surrounded by new townhouse developments, the property is highly attractive to local renters. With no local rent control (subject only to CA AB 1482) and a strategic location providing consistent demand for rental unit, this asset offers the perfect blend of immediate stability and long-term wealth creation. The property has a total of 10 parking spaces (with extra land to park more). There is no parking soft story retrofit requirement in El Monte. Each unit is separately metered for electricity and gas. There is a laundry room without any machine โ€“ new owner can add coin-operated laundry machines to generate additional income. 4159 Gilman Rd benefits from a highly strategic location in one of El Monteโ€™s most rapidly transforming residential neighborhoods. Tenants are drawn to this pocket for its quiet, tree-lined streets, while still enjoying immediate access to major employment hubs, top-tier retail, and excellent transit.
Presented By: Handoko Chen with Growth Investment Group Pasade; han.chen@growthinvestmentgroup.com

Interior Features for 4159 Gilman

Other Interior Features

Air Conditioning Y/NYes
Common Walls2+ Common Walls
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringLaminate, Vinyl, Wood
Heating Y/NYes
Laundry FeaturesNone
Total Stories2

Other Rooms

Entry Level1

General for 4159 Gilman

Additional Parcels Y/NNo
AppliancesGas Range, Refrigerator, Water Heater
Architectural StyleMid-Century Modern, Ranch
Building Area UnitsSquare Feet
Cap Rate5.2
Carport Spaces6
Carport Y/NYes
CityEl Monte
Community FeaturesSuburban, Valley
Construction MaterialsStucco
Contingencynone
CoolingWall/Window Unit(s)
CountyLos Angeles
Current FinancingNone
Directionsnear fwy 605 and 210
ElectricStandard
Electric Expense211
Entry Location1
Facing DirectionSoutheast
Fuel Expense
Garage Spaces
Garage Y/NNo
Gross Income118440
HOANo
HOA Fee$
HeatingWall Furnace
Insurance Expense4089
Land Lease Y/NNo
LevelsTwo
Listing TermsCash, Cash to New Loan
Lot Size Square Feet12173
Lot Size UnitsSquare Feet
MLS Area619 - El Monte
MaintenanceExpense3000
Net Operating Income80773
New ConstructionNo
Number Of Units Total5
Number of Units Leased5
Open Parking Spaces4
Operating Expense35298
Pool FeaturesNone
PossessionClose Of Escrow
PostalCityEL MONTE
Property Attached Y/NYes
Property ConditionRepairs Cosmetic, Updated/Remodeled
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NNo
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count1
Tax Annual Amount18404
Tax Lot1
Taxes$18,404
Tenant PaysElectricity, Gas
Total Actual Rent9870
Trash Expense5109
UtilitiesCable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Virtual TourClick here
Water Sewer Expense2936
Year Built1946
Year Built SourceAssessor

Exterior for 4159 Gilman

Building Area Total
FencingNone
Foundation DetailsRaised
Lot FeaturesLawn, Near Public Transit, Rectangular Lot
Lot Size Acres0.2795
Lot Size Area12173
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters6
Number of Separate Gas Meters5
Number of Separate Water Meters1
Parking FeaturesAssigned, Carport
Pool Charge0
Private PoolNo
Road Surface TypePaved
SpaNo
Total Parking10
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $1,550,000
MLS#AR26062944
List Date 03/23/2026
Property Type Multi-Family
Phone 888.795.6274
Get pre-approved
Request Tour
Request Info
Visit My Website

Similar Properties to 4159 Gilman

Contact Us

info@connectrealty.com
2170 Buckthorne PL. #100
The Woodlands, TX 77380
866-938-0924
  • This field is for validation purposes and should be left unchanged.