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California Regional Multiple Listing Service

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Home / El Monte / 11441 Asher Street
11441 Asher Street El Monte, CA 91732 11441 Asher Street El Monte, CA 91732 11441 Asher Street El Monte, CA 91732 11441 Asher Street El Monte, CA 91732 11441 Asher Street El Monte, CA 91732 11441 Asher Street El Monte, CA 91732 11441 Asher Street El Monte, CA 91732 11441 Asher Street El Monte, CA 91732 11441 Asher Street El Monte, CA 91732 11441 Asher Street El Monte, CA 91732 11441 Asher Street El Monte, CA 91732 11441 Asher Street El Monte, CA 91732 11441 Asher Street El Monte, CA 91732 11441 Asher Street El Monte, CA 91732 11441 Asher Street El Monte, CA 91732 11441 Asher Street El Monte, CA 91732 11441 Asher Street El Monte, CA 91732 11441 Asher Street El Monte, CA 91732 View All Photos

$12,500,000

| Active

11441 Asher Street

El Monte, CA 91732

1.39
Acres
0
Days on Market
PW26196840
MLS#
Multi-Family
Type
House
Structure
Residential
Zone
Contact
Listing OfficeTriqor Group

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.

Property Details
Lot Features
Irregular Lot
Stories
2
Lot Description
Irregular Lot
Acres
1.386
Lot Size (sqft)
60373.0
Parking Spaces
65.0
Parking Garage Spaces
0.0
Property Type
Multi-Family
Property Subtype Additional
Apartment
Year Built
1963
Sewer Information
Public Sewer
Utility Source
Public
Community Features
Sidewalks
County
Los Angeles
Region
El Monte
Original List Price
$12,500,000
MLS #
PW26196840
Property Subtype
Apartment
Parcel Number
8566022012
MLS #
PW26196840
Date Listed
September 08, 2026
Address
11441 Asher Street
Location
Legal

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Provided By
Listed by Ryan Loria (#PWLORRYA)
Listing Office: Triqor Group (#PB7936)

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