
El Monte, California 91731
This 4-unit complex presents a High-Potential Investment Opportunity with a List Price of $1,180,000—positioned well below the $1,203,652 Fair Market Value by 2%. This valuation gap offers $23,652 in Instant Equity for the buyer. Featuring a Fair Condition Rating and requiring TLC, the property offers significant value-add potential through rent optimization. With stable, month-to-month occupancy and a convenient location, this is a strategic acquisition ideal for Buy-and-Hold Investors or Owner-Occupants seeking long-term rental growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10711 Brockway Subject | $1,180,000* List Price | 0 | 0 | 2,824 | $426 | - |
A 11226 Orchard Sold | $878,000 | 0 | 0 | 2,005 | $438 | 0.8 mi |
B 3644 Baldwin Active | $1,499,000 List Price | 0 | 0 | 3,274 | $458 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1959 and explicitly described as needing 'TLC,' the property shows significant signs of age and deferred maintenance. The kitchen and bathrooms feature dated cabinetry, worn tile countertops, and aging fixtures that likely exceed 30 years in age. As a 'value-add' investment sold in current condition, it requires a comprehensive rehab to address cosmetic and likely systemic obsolescence.
With all units currently on month-to-month leases and rents below market rate, this property offers significant upside potential for investors to increase cash flow through strategic rent adjustments.
Centrally located in El Monte near major freeways, public transportation, and essential amenities, the property is positioned in a high-demand area that supports long-term occupancy.
The complex is fully occupied with a history of on-time rent payments, providing the buyer with immediate and reliable income from the date of acquisition.
The property is being sold in its current 'as-is' condition and requires 'TLC,' indicating a need for immediate capital expenditure for repairs and modernization.
Built in 1959, the property may require updates to major systems and structural components to meet modern standards and reduce ongoing maintenance liabilities.
Coming Soon! Excellent investment opportunity in the heart of El Monte. This 4-unit complex offers strong upside potential for investors and owner-users alike. All units are currently tenant occupied with month-to-month leases, and tenants have been making rent payments on time. Conveniently located near major freeways, shopping centers, markets, restaurants, schools, and public transportation. The property offers easy access to everyday amenities and commuter routes. Property needs some TLC and is being sold in its current condition. Current rental income is below market, providing an excellent value-add opportunity for investors seeking future rental growth and increased cash flow potential. Don’t miss this rare opportunity to own a multi-unit property in a desirable rental market with long-term upside potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,824 | 2,159 | 86% |
| Lot Size | 7,850 | 10,000 | 29% |
| Price | $1.18M | $1.04M | 71% |
| Price per sq ft | $418 | $438 | 29% |
| Built year | 1959 | 1958 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 153 | 14% |
May 28, 2026
$1,180,000
Initial Listing
Sep 27, 2016
$755,000
Public Record
Jun 22, 2007
$750,000
Public Record