248 N 1st Street, La Puente, CA, 91744

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$3,595,000
53 Days On Site

248 N 1st Street
La Puente, CA 91744

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
5,524
SqFt
$651
/SqFt
2024
Built
County:
Los Angeles
Listed by Avinash Narang of BRC Advisors BH [email protected]
248 N 1st Street248 N 1st Street248 N 1st Street248 N 1st Street
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Monthly Payment (Est.)

$16,402
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

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 maintenance, full occupancy, and brand-new construction, this asset is a truly turnkey investment that’s ready to perform from day one. Whether you plan to lease at market rates or through a housing assistance program, this building is positioned to be a cash-flowing powerhouse. Don’t miss this rare opportunity to own a fully leased, new construction apartment building in a high-growth area of the San Gabriel Valley.

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Listing Snapshot
Price 
$3,595,000
Days On Site 
53 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,524 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.172 Acres
Year Built 
2024
MLS® Number 
RS25068587
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoPrice changed to $3,595,000
2 weeks agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
0.172
Foundation 
Slab
Number Of Stories 
2
Property Sub Type 
Mixed Use
Security 
Security Lights
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
5524
Stories 
Two
Style 
Modern
Utilities 
Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Water Source 
Public
Zoning 
LPBD
Interior Features
Cooling 
Wall/Window Unit(s)
Fireplace Features 
None
Flooring 
Vinyl
Interior 
Open FloorplanRecessed Lighting
Laundry Features 
Common Area
Bedroom 
Kitchen 
Living Room 
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Exterior Features
Construction Details 
FrameStucco
Fencing 
None
Lot Features 
Near Public Transit
Pool Features 
None
Roof 
Composition
Spa Features 
None
Community Features
Building Access 
street
Community Features 
Street LightsSidewalks
Financing Terms Available 
Cash
MLS Area 
633 - Industry/La Puente/Valinda
Roads 
Paved


This information 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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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