11023 Ranchito, El Monte, California 91731, El Monte, 91731 - 3 bed, 2 bath
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El Monte, California 91731
This Duplex Residential Income Asset represents a Strong Value Opportunity, listed at $1,100,000—positioned well above the $1,095,253 Fair Market Value by a negligible margin, reflecting a stable market entry. With a Condition Rating of 3, the property features updated bathrooms and functional, well-maintained interiors. The 11,538 sqft lot and Dual-Income Potential provide significant long-term upside for forced appreciation. This property is an ideal acquisition for Buy-and-Hold Investors seeking rental stability or Owner-Occupants looking to offset mortgage costs through multi-generational living or rental income.
Property is move-in ready.
Although built in 1955, the property has been well-maintained and updated. The bathroom features a renovation (granite vanity, tiled shower, and modern fixtures) likely completed within the last 10-15 years, making it move-in ready and functional according to the criteria.
Featuring two detached homes on a single lot, this duplex offers exceptional flexibility for rental income, multi-generational living, or owner-occupancy.
The generous 11,538 square foot lot provides ample outdoor space, privacy between units, and significant potential for future expansion or ADU development.
Each unit includes its own private garage, a highly desirable feature that enhances tenant retention and provides secure storage and parking.
The property is being sold in its current condition, which may necessitate immediate capital expenditures for repairs or modernization by the buyer.
Built in 1955, the property likely requires updates to major systems and interior finishes to meet modern aesthetic standards and maximize market value.
Discover a rare opportunity to own a beautifully maintained duplex in one of El Monte’s most desirable neighborhoods. Situated on a spacious lot, this unique property features two detached homes with ample outdoor space, creating a peaceful setting. Each unit offers 2 bedrooms, 1 bathroom, and its own private garage, making this an ideal opportunity for investors, multi-generational families, or owner-occupants looking to generate rental income. Conveniently located near shopping, dining, schools, parks, transportation and major freeways, this property combines comfort, convenience, and long-term potential. Property is being sold AS IS. Listing agent and broker do not guarantee the accuracy of square footage, lot size, or other information obtained from public records. Buyers are advised to independently verify all information and investigate the property's condition through appropriate professionals.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 5.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,815 | 3,398 |
| Lot Size | 11,538 | 24,500.5 |
| Price | $1.10M | $1.22M |
| Price per sq ft | $606 | $432 |
| Built year | 1955 | 1932 |
| HOA | $0 | $0 |
| Days on market | 53 | 99 |
May 30, 2026
$1,100,000
Initial Listing