John E Burge

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12127 Morehouse StreetEl Monte, CA 91732

Multi-Family · 1,866 Sq. ft. | 0.16 Acres
$949,000 Active

12127 Morehouse Street Overview

Time on Site:
336 days
Visits:
2

Great investment opportunity in the heart of El Monte! This 4-unit is located on a quiet cul-de-sac close to Elliot Park and schools. Easy access to 10 and 60 freeways. Each unit has a private patio and washer/dryer hookups. Front unit (12127 Motehouse st) is a Single Family Residence with 2 beds and 1 bath. Back building has the other 3 units – Two 1 bed/1 bath (12129, 12129 1/2 Morehouse St), and One studio with 1 bath (12129 1/4 Morehouse St). Property is fully occupied with long-term tenants. Tenants pay Gas and Electricity with their separate meters. Rents have not been raised for years. Property has stable cash flow with MASSIVE UPSIDE POTENTIAL. Investors have the flexibility to strategically raise rents, enhance unit interiors, or add modern amenities to significantly increase returns. Whether you’re a seasoned investor or just entering the multifamily space, this is the kind of asset that builds long-term wealth. Don’t miss your chance to transform this rare multi-unit into a cash-flow powerhouse! PLEASE DO NOT DISTURB THE TENANTS as THIS IS DRIVE BY ONLY . OFFER SUBJECT TO INTERIOR​​‌​​​​‌​​‌‌​​‌​​​‌‌​​​‌​​‌‌​​‌​​‌​​​‌​​ INSPECTION.

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12127 Morehouse Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,866
  • Price/Sq.ft. $509
  • Lot 0.16 Acres

Details

General

Association/HOA

  • Association: No
  • Common Interest: None

Income/Expenses

  • Gross Income: 67200.0
  • Gross Scheduled Income: 82800.0
  • Insurance Expense: 4200.0
  • Net Operating Income: 61200.0
  • Operating Expense: 6000.0
  • Water Sewer Expense: 1800.0

Building Information

  • New Construction: No
  • Year Built: 1945

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: 619 - El Monte

Community/Development

  • Community Features: Park

Rent/Lease Information

  • Land Lease: No
  • Tenant Pays: Electricity,Gas

Tax Information

  • Tax Annual Amount: 6615.0

General Information

  • Listing Terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange
  • Parcel Number: 8107021007
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Rent Control: No
  • Senior Community: No
  • Special Listing Conditions: Standard
  • Zoning: EMR1A*

Interior

Parking Information

  • Garage: No

Building Interior

  • Building Area Total: 1866.0
  • Building Area Units: Square Feet

General Information

  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: Front
  • Laundry Features: Electric Dryer Hookup,Gas Dryer Hookup
  • Levels: One
  • Stories: 1
  • Stories Total: 1

Exterior

Parking Information

  • Parking Features: Carport
  • Parking Total: 4.0

Lot Information

  • Additional Parcels: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Acres: 0.1577
  • Lot Size Area: 6869.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6869.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 4
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 0
  • Elevation Units: Feet
  • Water Source: Public

Building Exterior/Construction

  • Property Attached: No

General Information

  • Carport Spaces: 4.0
  • Carport: Yes
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Pool Features: None
  • Pool Private: No
  • Sewer: Public Sewer

12127 Morehouse Street Neighborhood

Community

91732 (El Monte) Demographics

36
Median Age
12,971
Population Density (per sq. mile)
19%
College Educated
$56,098
Estimated Median Income
7,022
Estimated Total Home Owners
8,444
Estimated Total Renters
45% / 55%
Estimated Owner / Renter Divide
4
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

12127 Morehouse Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

12127 Morehouse Street Market Data

Based on the last 30 days in this zip code

$810,285
Average List Price
$538
Average Price per Square Foot
4
Properties Sold
97
Average Days on Market
116
Properties for Sale
Calculations provided by Reliance Network

12127 Morehouse Street History

Date Event Value Agent
7/28/2025Source: CRMLS Added to Database
July 28, 2025
Listing provided courtesy of Alta Realty GroupSalman Shahab- MLS# IG25169336MLS ProviderContact Information: [email protected] - 888-504-5327
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