Property Details
About this Property
New 2024 Construction – Turnkey 19-Unit Fully Occupied Multifamily Asset in the Heart of Growing Downtown La Puente Welcome to a rare opportunity to own a brand-new 2024-built multifamily property consisting of 19 modern units, now 100% occupied and generating immediate income. Perfectly suited for investors looking for strong, stabilized cash flow, or organizations seeking high-quality housing solutions for city or non-profit programs, this property offers exceptional long-term potential. Strategically located in the heart of Downtown La Puente, this asset is positioned behind City Hall, across from La Puente High School, and steps away from a new condominium development, highlighting the area’s rapid transformation and rising demand. Each unit is designed with modern finishes and functional layouts, appealing to long-term tenants. The building features in-house laundry facilities, offering added convenience for residents and an additional source of revenue. Additional amenities include on-site parking, a highly desirable feature in this urban setting. With a layout ideal for both market-rate renters and affordable housing programs, the property is well-suited for partnerships with local municipalities, housing authorities, or non-profit organizations. With no deferred main
MLS Listing Information
MLS #
CRRS25068587
MLS Source
California Regional MLS
Days on Site
28
Interior Features
Cooling
Window/Wall Unit
Exterior Features
Roof
Composition
Foundation
Slab
Style
Contemporary
Parking, School, and Other Information
Garage/Parking
Garage: 0 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 19 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
248 N 1st St is a Residential Income in La Puente, CA 91744. This – square foot property sits on a 7,491 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,849,000 and was built in 2024. This address can also be written as 248 N 1st St, La Puente, CA 91744.
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This listing information is up-to-date as of April 14, 2025. For the most current information, please contact Avinash Narang, (818) 288-0697
