
El Monte, California 91731
This four-unit High-Potential Investment Opportunity is listed at a List Price of $999,999, positioned well below the $996,054 Fair Market Value (priced at market stability). Featuring four detached cottage-style units on a spacious lot, this asset offers significant upside through unit improvements and potential ADU development. With a Condition Rating of 5 (Poor), the property requires strategic capital expenditure to realize its full rental potential. This is a prime acquisition for Buy-and-Hold Investors or Real Estate Developers seeking to maximize long-term cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11112 Concert Subject | $999,999* List Price | 0 | 0 | 2,302 | $433 | - |
A 11226 Orchard Sold | $878,000 | 0 | 0 | 2,005 | $438 | 0.9 mi |
B 10711 Brockway Active | $1,180,000 List Price | 0 | 0 | 2,824 | $418 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1954, this 70-year-old property is explicitly marketed as a 'Value-Add' investment and redevelopment opportunity. While the electrical system has been upgraded and some bathrooms show partial modern tiling, the overall age and description indicating a need for unit improvements and rehab to realize upside potential place it in the poor category.
Investment Opportunity – Value-Add Fourplex with Future Upside Potential Rare opportunity to acquire a charming four-unit income property featuring four detached cottage-style residences situated on a cozy, park-like lot. The unique layout provides tenants with a greater sense of privacy and independence than traditional apartment living, while enjoying mature trees, abundant green space, and ample on-site parking. This value-add property offers investors the potential to increase rental income through unit improvements and may present opportunities for additional development, including possible ADUs or expansion of the existing unit count, subject to buyer verification and approval from local authorities. The property has benefited from upgraded electrical infrastructure, providing added value and supporting future improvements or expansion possibilities. Investors will appreciate the combination of existing income, utility upgrades, and long-term upside potential. Ideally located near parks, the library, schools, shopping, dining, and public transportation, the property offers strong tenant appeal and convenient access to major commuter routes. Whether you're seeking a stable income-producing asset with future upside or a redevelopment opportunity, this property combines current cash flow with long-term growth potential. Property Highlights: Four detached cottage-style units Value-add investment opportunity Potential for ADUs or additional units (buyer to verify) Upgraded electrical system Spacious lot with mature trees and green space Ample on-site parking Strong tenant appeal and rental demand Close to parks, library, schools, shopping, dining, and public transportation Easy access to major commuter corridors A rare opportunity to own a character-rich income property with significant upside potential, modernized electrical improvements, and future development possibilities in a highly desirable rental market.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 2,302 | 3,398 |
| Lot Size | 8,424 | 24,500.5 |
| Price | $1000.0K | $1.22M |
| Price per sq ft | $434 | $432 |
| Built year | 1954 | 1932 |
| HOA | $0 | $0 |
| Days on market | 30 | 99 |
Jun 22, 2026
$999,999
Initial Listing
Mar 15, 2000
$185,000
Public Record