Asking Price: $1,550,000

Prime 5-Unit Value-Add Investment in Rapidly Gentrifying West SGV area (No Local Rent Control) | Highly Desirable Layout SFR + Fourplex | Major CAPEX have been completed (Roof, Electrical, Sewer, and Plumbing) | First Time on Market in 21 Years. For the first time in over two decades, 4159 Gilman Rd., a 5-unit value-add investment opportunity in one of El Montes most rapidly gentrifying neighborhoods. Situated on a sprawling 12,100+ SF R3 lot, this unique 5-unit property features an ideal layout comprising a large single-family home in the front and a detached fourplex in the rear. This offering provides a 5.20% In-place CAP Rate with a clear upside to take it to 7.21% Proforma CAP Rate. The property was built in 1946 and consists of 2 buildings, a front single family house, and a fourplex. The property boasts a superb unit mix of all two-bedroom units, including a front house with a bonus den, and offers substantial upside potential through ADU development and laundry income. The property has undergone significant and major recent capital expenditures, including a new roof, upgraded electrical panels, a re-sleeved sewer line, a replaced main water line, and most recently a driveway recoat significantly limiting future deferred maintenance. Most of these upgrades were completed in 2024. Two of the units in the back have been completely upgraded in 2024 with permits. Each unit has their own private backyard or side yard or deck. Located in a quiet, predominantly single-family neighborhood surrounded by new townhouse developments, the property is highly attractive to local re