REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$929,000

Est. payment - /mo

7,601 Sqft Lot

Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR26051575

HOA Y/N No

Year Built 1942

Lot Size 7,601 Sqft

Property Sub-Type Duplex

Property Description

Price reduced by $50,000. Motivated seller—excellent opportunity for investors seeking value-add potential.

Great investment opportunity in the City of El Monte. This duplex features two spacious units generating approximately $4,750 per month in rental income. The front unit is a 2-bedroom, 1-bath with an additional large bonus room currently used for storage, offering flexible use potential. The second unit is a well-maintained 1-bedroom, 1-bath with an updated kitchen, and also includes an additional room that may be used as a bedroom, office, or storage area. Both units offer generous layouts with functional living space.
Property sits on a 7,655 sq ft lot with R4 high-density residential zoning, presenting excellent value-add and development potential. The center enclosed carport area may offer an opportunity for expansion or potential ADU conversion (buyer to verify with the City of El Monte). Neighboring properties with similar layouts have been expanded to accommodate three units, further supporting the upside potential.
Strong rental demand in the area with historically low vacancy rates makes this an attractive opportunity for investors or owner-users.
No court confirmation required. Property is being sold AS-IS in present condition. Seller will not make repairs or provide credits. Seller has not occupied the property.

Broker and broker's agents do not guarantee the accuracy of square footage, bedroom or bathroom count, lot size, zoning, permitted or unpermitted spaces, or other information obtained from the seller or public records. Buyer to independently verify all information through personal inspections and with appropriate professionals.

Location

State CA

County Los Angeles

Area 619 - El Monte

Interior

Interior Features All Bedrooms Down

Cooling Central Air, Wall/Window Unit(s)

Flooring Carpet, Laminate

Fireplaces Type None

Fireplace No

Appliance Gas Oven, Water Heater

Laundry Inside

Exterior

Parking Features Detached Carport

Fence Fair Condition

Pool None

Community Features Street Lights

View Y/N No

View None

Roof Type Shingle

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 8577017023

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Probate Listing

Read Less Info

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Rafael Dagnesses eXp Realty of California Inc 310-658-8226, DRE #01220271

NEARBY SCHOOLS & PROPERTIES

Have questions about this property, other properties, or thinking of selling a similar one? We’re here to help. Simply complete the GET MORE INFORMATION form, and we’ll be in touch shortly!

+1(714) 681-1222

info@1visionproperties.com

GET MORE INFORMATION

QUICK SEARCH

4011 Gibson El Monte, CA 91731