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$4,700,000

2921 Allgeyer Ave El Monte, CA 91732

0.8 acres
Condo

Property details

About 2921 Allgeyer Ave

We are pleased to present The Greenwood Apartments, an 18-unit apartment community in El Monte, CA. This property features an ideal unit mix of large 1 and 2-bedroom units, gated entry, carport parking, individual gas and electric meters, as well as individual water heaters. The building has undergone several upgrades such as a new roof (2025), new electrical panels, new paint, and new windows. Interiors have been tastefully renovated with granite countertops, laminate wood flooring, upgraded bathrooms, and stainless-steel appliances. This multigenerational asset has been meticulously maintained and professionally managed throughout ownership and is on the market for the first time in 50 years. The property generates a current cap rate of 4.5%, 6.1% with market rents, offering an investor roughly 22% upside in rental income. Furthermore, the property sits on an oversized lot in El Monte’s qualified opportunity zone which presents substantial development and ADU potential as well as potential tax benefits.

Highlights

Home typeCondominium
StatusActive
Lot size0.7756 Acres
Year built1959
MLS #PW25157841

Summary

  • Private Pool: No
  • List Price: $4,700,000
  • Annual Tax Amount: $9,796
  • Tax Year: 2024
  • Lot: Irregular Lot
  • Directions: Driving East On Garvey Ave., Turn Right Onto Valley Blvd., Turn Right Onto Allgeyer Ave., Property Will Be on Your Right
  • Year Built: 1959
  • Stories: 2
  • Lot Size: 0.7756 Acres
  • MLS Number: PW25157841
  • MLS Name: CRMLS
  • Office Name: Triqor Group
  • Office Phone: (949) 756-3232
  • Listing Agent: Ryan Loria

IDX Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/16/2025, 12:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$346,633$9,796
2023$339,853$9,675
2022$333,206$9,435
2021$326,690$9,422
2020$322,549$9,233
2019$316,225$8,515
2018$310,026$8,286
2017$303,948$8,286

History based on county public records data.

Nearby schools

3

Payne Elementary School

Public District KG-6

0.2 mi

2850 Mountain View Rd

3

Parkview Elementary School

Public District KG-6

0.4 mi

12044 Elliott Ave

5

Baker Elementary School

Public District KG-5

0.5 mi

12043 Exline St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $34,728. The majority of El Monte, CA residents have income less than $<35k annually. Typical family type is married, with kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

50%
<35k
41%
35k-100k
8%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

26%
Single, No Kids
23%
Single, with Kids
16%
Married, No Kids
35%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
11%
12-17 yrs old
27%
18-34 yrs old
36%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Ross Dress For LessRoss Dress For Less
  • Foot LockerFoot Locker
  • H&MH&M

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • Little CaesarsLittle Caesars
  • Boston MarketBoston Market

What do the neighbors drive?

  • NissanNissan
  • DodgeDodge
  • HondaHonda

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 2921 Allgeyer Ave

The listing price of 2921 Allgeyer Ave property is $4,700,000.

The property 2921 Allgeyer Ave is a condo located in El Monte, California, 91732.

Active Listing: 2921 Allgeyer Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 2921 Allgeyer Ave are: Payne Elementary School (GreatSchools Rating 3/10), Parkview Elementary School (GreatSchools Rating 3/10), Baker Elementary School (GreatSchools Rating 5/10), Columbia School (GreatSchools Rating 5/10), Monte Vista Elementary School (GreatSchools Rating 4/10), Wallen L. Andrews Elementary School (GreatSchools Rating 7/10), Mountain View High School (GreatSchools Rating 5/10), El Monte High School (GreatSchools Rating 6/10), Fernando R. Ledesma Continuation High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2024 is $9,796 (source: MLS/based on county public records data).

The property at 2921 Allgeyer Ave has 0 bathroom.

The year of construction for 2921 Allgeyer Ave is 1959.

This home is located at 2921 Allgeyer Ave in El Monte, CA and zip code 91732 in the The San Gabriel Valley neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 14, 2025 and is currently priced at $4,700,000.

The inventory of homes for sale in El Monte, CA between May and June 2025 decreased by 11.5%. While the average time on the market in June 2025 was 65 days, the median list price was $725,000.

From Rocket Homes Real Estate and based on county public records data.

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