11224 Lower Azusa, El Monte, California 91731, El Monte, 91731 - 0 bed, 0 bath
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El Monte, California 91731
This Value-Add Quadruplex Investment is listed at $1,598,000, representing a strategic asset on a massive 18,691 SQFT lot. Although the current $1,410,587 Fair Market Value reflects its Condition Rating of 5, the property offers immense upside through interior modernization and potential ADU expansion. Featuring four detached units with no shared walls and individual metering, the layout ensures high rental demand and low owner expenses. This is a high-growth acquisition perfectly suited for Buy-and-Hold Investors or Value-Add Developers looking to maximize ROI in El Monte.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11224 Lower Azusa Subject | $1,598,000* List Price | 0 | 0 | 3,095 | $456 | - |
A 11038 Lambert Avenue Sold | $1,150,000 | 0 | 0 | 2,705 | $425 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1957 (67 years old) with no record of major renovations. The listing explicitly identifies it as a 'Value-Add Opportunity' needing a contractor and designer to 'modernize the interiors.' Visible window AC units and cracked exterior concrete indicate dated systems and a need for significant rehabilitation to reach market standards.
The property features four independent, detached units with no shared walls, providing tenants with single-family home privacy that drives high rental demand and minimizes turnover.
Situated on a massive 18,691 SQFT lot, this property offers rare opportunities for subdivision, expansion, or the addition of multiple ADUs to maximize long-term ROI.
All units are individually metered for water, gas, and electricity, shifting utility costs to tenants and significantly increasing the owner's net operating income.
The units require cosmetic modernization and interior updates to capture top-of-market rents, necessitating an upfront investment for renovations.
Built in 1957, the property may require significant maintenance or upgrades to major systems like plumbing and electrical to meet modern standards and ensure reliability.
Rare Quadruplex on a massive 18,691 SQFT Lot! This is a truly unique investment opportunity that feels more like a private residential community than a standard multi-unit complex, (4) four detached units, each sitting independently like individual homes (individual addresses). This layout offers residence the privacy they crave—with no shared walls—ensuring consistently high rental demand. Live in one and rent out the others. Value-Add Opportunity: The units are ready for a cosmetic uplift. Bring your contractor and designer to modernize the interiors and capture top-of-market rents. Each unit is individually metered for water, gas and electricity, almost zero owner expenses! High potential for future growth: subdivision possibility, expansion & additional dwelling units, and long-term appreciation. This property is centrally located in a fast growing neighbor, minutes to restaurants, school, park, Santa Anita Race Track, Westfield, Downtown, and much more.
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 | 3,095 | 2,159 | 86% |
| Lot Size | 18,697 | 10,615 | 86% |
| Price | $1.60M | $1.04M | 86% |
| Price per sq ft | $516 | $458 | 57% |
| Built year | 1957 | 1957 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 34 | 145 | 14% |
May 3, 2026
$1,598,000
Initial Listing
Apr 10, 2014
$850,000
Public Record
Oct 10, 2003
$675,000
Public Record
Jun 24, 2003
$589,000
Public Record