
El Monte, California 91733
Analysis of 11133 Klingerman St, El Monte, California 91733 is currently available with a list price of $2,000,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the El Monte Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1944, this multi-unit property shows a mix of conditions. While some units feature recent bathroom renovations and newer laminate flooring, the overall infrastructure remains dated with popcorn ceilings, wall-mounted AC units, and older kitchen cabinetry. It is functional and income-generating but requires further modernization and minor repairs.
The property generates a robust monthly rental income of $15,320 from seven units, offering an attractive gross yield for investors in a high-demand rental market.
Featuring seven units spread across four separate buildings on a substantial 16,117 sqft lot, the layout provides excellent tenant privacy and risk diversification.
With a large lot size and several units already partially updated, there is significant opportunity to further increase property value and rental rates through strategic improvements.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =16117, other record lot size in square feet = 16328.
Originally built in 1944, the property may require significant long-term maintenance or upgrades to major systems such as plumbing and electrical to meet modern standards.
The property is being sold in its current condition without seller repairs, which may necessitate immediate capital reserves for any underlying issues or deferred maintenance.
Great investment opportunity in El Monte featuring 7 units across 4 separate buildings on one large lot. Unit mix includes 3-bedroom and 2-bedroom layouts, all occupied by long-term, reliable tenants generating $15,320 per month in rental income. Several units have updated kitchens and bathrooms. Property offers strong rental demand, stable cash flow, and future value-add potential. Convenient location near major streets, shopping, and schools. Excellent income property in a high-demand rental market. Sale as-is.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 1.0 | 50% |
| Baths | 0.0 | 0.5 | 50% |
| Square foot | 5,060 | 5,689.5 | 50% |
| Lot Size | 16,117 | 12,015.5 | 50% |
| Price | $2.00M | $1.68M | 50% |
| Price per sq ft | $395 | $305 | 50% |
| Built year | 1944 | 1938 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 170 | 50% |
May 27, 2026
$2,000,000
Initial Listing
Apr 8, 2014
$1,150,000
Public Record
Sep 10, 2003
$625,000
Public Record