Homes for sale - 248 N 1st Street, La Puente, CA 91744

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Leo Peak

leo@leopeak.com +1(415) 816-1469

$ 3,595,000

Est. payment | -/mo

5,524 SqFt

Save Virtual Tour

$ 3,595,000

Est. payment | -/mo

Save Virtual Tour

5,524 SqFt

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,524 sqft

Price per Sqft $650

MLS Listing ID CRRS25068587

HOA Y/N No

Year Built 2024

Lot Size 7,491 Sqft

Acres 0.17

Property Sub-Type Other

Property Description

New 2024 Construction â€“ 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 areaâ€™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 maint

Location

State CA

County Los Angeles

Zoning LPBD

Interior

Cooling Wall/Window Unit(s)

Flooring Vinyl

Fireplace No

Laundry Other

Building

Lot Description Other

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 8246004021

Virtual Tour https://www.dropbox.com/scl/fo/8u61dz27gd460ge7daazq/ABT2UvArJuXnbjME3SoikU8?e=2&preview=248+N+First+Street.mp4&rlkey=chy59hipb92jz2h7acm0uedpr&st=vpu76505&dl=0

© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

Listed by Avinash Narang • BRC Advisors BH

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(415) 816-1469

leo@leopeak.com

39899 Balentine Dr # 200, Newark, CA, 94560, United States

248 N 1st Street La Puente, CA 91744