
El Monte, California 91732
This Value-Add Condominium featuring 3 bedrooms and 3 bathrooms represents a strategic acquisition for buyers targeting the El Monte market. Listed at $500,000, the property is positioned near its $481,961 Fair Market Value, offering a stable entry point for a high-upside project. Classified with a Poor Condition Rating, this Probate Listing is an "investor's delight" requiring a full rehabilitation to unlock its maximum valuation. Its proximity to the 7/10 rated Arroyo High School ensures strong future resale demand. This asset is a prime candidate for Fix-and-Flip Investors or Contractors seeking forced appreciation.
Property is extensive renovation needed.
Built in 1980 (46 years old) with no mention of updates. The listing description explicitly states 'price very aggressive based on condition' and labels it an 'investors delight,' which typically indicates significant deferred maintenance or the need for a full rehab. The 'as-is' probate sale and the fact that the winning bidder sees the property only after the bid suggests potential safety or structural issues inside.
Priced aggressively as an 'investor's delight,' this probate listing offers significant equity upside for buyers looking to renovate and flip or hold in a competitive market.
The property is located within walking distance (0.3 miles) of Arroyo High School, which holds a strong 7/10 rating, making it a desirable location for families.
At only $220 per month, the association fee is notably low for a three-bedroom condominium, enhancing long-term affordability and cash flow potential.
The property is sold strictly 'as-is' with no repairs or warranties, suggesting significant deferred maintenance or damage that will require immediate capital expenditure.
The listing indicates that the winning bidder only gets to see the property after the bid is won, presenting a high risk for buyers to discover unforeseen structural or interior issues.
SELLER SAYS SELL!!!!!...INVESTORS DELIGHT....THIS PROPERTY IS READY TO CLOSE... PRICE VERY AGGRESSIVE BASED ON CONDITION.... RUN COMPARABLES....INVESTORS DELIGHT... PROBATE LISTING . NO COURT CONFIRMATION.... SOLD AS IS NO REPAIRS OR WARRANTIES. EXPRESSED OR IMPLIED BUYER TO CONDUCT THEIR OWN DUE DELIGENCE . SUBMIT HIGEST AND BEST. BEST OFFER WINS THE BID AND GETS TO SEE PROPERTY.
No exterior & parking available.
Grades K-8 • 0.9 mi
Grades 9-12 • 0.3 mi
Grades 9-12 • 4.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,290 | 1,290 | 50% |
| Lot Size | 131,192 | 39,227 | 92% |
| Price | $448.0K | $565.0K | 31% |
| Price per sq ft | $347 | $429 | 8% |
| Built year | 1980 | 1981 | 38% |
| HOA | $220.0 | $220 | 50% |
| Days on market | 141 | 145 | 46% |
May 5, 2026
$448,000
$500,000
-10% Price Drop
Initial Listing
Jan 16, 2026
$500,000
Initial Listing
Dec 18, 2000
$130,000
Public Record