
El Monte, California 91732
This High-Utility Residential Asset is listed at $1,100,000, positioned near its $1,074,040 Fair Market Value. While the 1947 structure carries a Condition Rating of 4 and requires cosmetic modernization, the property’s primary appeal is the massive 15,553 sqft lot with Zoning R2. This configuration provides substantial ROI potential through multi-unit development or expansion within the El Monte Union High District. Offering a blend of functional living and significant land value, this is an ideal acquisition for Buy-and-Hold Investors or Developers seeking a high-density project.
Property is moderate renovation needed.
Built in 1947, this property is aged, and while described as 'beautifully maintained,' the visible interior elements are significantly dated. The bathroom features an older vanity, countertop, and tile that appear to be 20-30 years old, requiring minor to moderate updates to meet current styles. The living room has popcorn ceilings and older light fixtures, and the carpet shows wear. While one bedroom has well-maintained hardwood floors, the overall impression is that the home is functional but has not undergone extensive modern renovations. The lack of kitchen images prevents a full assessment, but it's reasonable to assume it aligns with the bathroom's condition. The property is livable but requires cosmetic updates to enhance its appeal and functionality.
The expansive 15,000+ sq. ft. lot, combined with desirable R2 zoning, offers substantial opportunities for expansion, additional units, or future development, appealing to investors and those seeking growth.
The thoughtfully designed single-story floor plan provides ease of access and broad appeal, catering to various buyer demographics including families and those seeking comfort and functionality.
Situated in the heart of El Monte, the property boasts excellent access to essential amenities such as schools, parks, shopping, dining, and major freeways, enhancing its desirability and marketability.
Built in 1947, the home is older, which may imply potential for outdated systems (e.g., electrical, plumbing, HVAC) or require significant renovations to meet contemporary standards and energy efficiency.
With only two bedrooms for a 1608 sqft home on such a large lot, the property might not appeal to larger families or those requiring more living space, potentially narrowing the buyer pool.
The listing price of $1.1 million is approximately 3% higher than the estimated property value, which could lead to buyer hesitation or necessitate price adjustments to align with market expectations.
Welcome to this beautifully maintained single-family home situated on an expansive 15,000+ sq. ft. lot in the desirable R2 zone of El Monte. This property offers the perfect blend of space, comfort, and potential. Ideal for buyers seeking room to grow or explore development possibilities. Enjoy the convenience of single-story living in a thoughtfully designed floor plan that emphasizes comfort and functionality. The home features two spacious bedrooms, each offering a relaxing retreat. The large lot provides endless opportunities! Located in the heart of El Monte, the property offers easy access to schools, parks, shopping, dining, and major freeways. Whether you’re looking for a family home, an investment property, or a space to bring your vision to life, this is an opportunity you don’t want to miss!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 11% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,608 | 1,571 | 55% |
| Lot Size | 15,553 | 6,300 | 91% |
| Price | $1.10M | $797.5K | 89% |
| Price per sq ft | $684 | $532 | 80% |
| Built year | 1947 | 1958 | 18% |
| HOA | $0 | $0 | 50% |
| Days on market | 177 | 170 | 59% |
Oct 27, 2025
$1,100,000
Initial Listing