$1,895,000
11238 Forest Grove, El Monte CA 91731
Multi-Family (6 Units)
Property type
78 days
On market
$437
Price per sqft
6 cars
Garage
1955
Year built
18,372 sqft
Lot size
Home highlights
Open Houses
Overview
Well-maintained 6-unit multifamily property consisting of all 2-bedroom units situated on a large 18,372 sq ft lot, offering approximately 4,340 sq ft of building area. The property features six one-car garages and washer hookups in each unit. Utilities are individually metered, allowing for efficient expense management. Roof updated in 2026. Four units offer opportunity for...
Listing provided by: Kenneth Ferreira DRE #01473057, FERREIRA REALTY
Listing updated: Mar 19, 2026 at 08:53pm.
Last checked: Jun 5, 2026 at 07:31pm
Source: CRMLS #CV26058037
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 6 | 2 | 1 | 1 | $11,340 | $11,340 | $13,770 | Unfurnished |
# of Buildings: 4
# of Units Total: 6
Separate Electric Meters: 6
Separate Gas Meters: 6
Separate Water Meters: 6
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
13.9x
List Price / Annual Gross Rent
Cap Rate
6.3%
NOI / List Price
Gross Scheduled Income: $136,080
Operating Expense: $16,781
Net Operating Income: $119,298
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $0
Professional Management: $7,258
Trash: $0
Water / Sewer: $0
Interior
Entry Location: Front
Exterior
Property Attached: Yes
Stories Total: 1
Common Walls: One Common Wall, No One Above, No One Below
Lot Features: Corner Lot, Level, Near Public Transit
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 6
Parking Total: 6
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 8568022020
Additional Parcels: No
Tax Lot: 23
Zoning: EMR2
Community
Senior Community: No
Community Features: Suburban
Nearby Schools
Nearby schools around the 11238 Forest Grove, El Monte, CA 91731. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,516,000
Total Interest
$1,933,574
Total Payment
$3,449,574
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$11,706
per month
Property History for 11238 Forest Grove
El Monte Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 91731.
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