
El Monte, California 91732
Analysis of 12407 Elliott Ave, El Monte, California 91732 is currently available with a list price of $2,400,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
The property was built in 1929 (95 years old) with no mention of recent renovations to kitchens, bathrooms, or major systems. The listing description focuses heavily on the land size and development potential for investors, suggesting the existing structures likely have significant deferred maintenance and require a full rehab.
The inclusion of two parcels totaling nearly 30,000 sq ft provides a rare and expansive footprint for potential redevelopment, ADU additions, or further subdivision in a high-demand area.
With two separate residences (a 3BR/2BA front home and a 2BR/1BA rear home), the property offers immediate rental income versatility or an ideal setup for multigenerational living.
The property boasts exceptional accessibility, situated minutes from the 10, 605, and 60 freeways and the El Monte Metrolink station, making it highly attractive to a commuting tenant base.
At a list price of $2.4 million, the property represents a significant capital investment that may exceed the budget of traditional duplex buyers and requires a developer-focused valuation.
Built in 1929, the structures likely require substantial modernization and maintenance to address aging systems and meet the expectations of modern tenants or buyers.
Exceptional multifamily opportunity with two parcels! Welcome to 12407 Elliott Ave. in El Monte, a rare investment opportunity featuring two homes on a spacious lot plus an additional parcel included in the sale, offering endless possibilities for investors, owner, occupants, developers, or multigenerational living. The front home features 3 bedrooms and 2 bathrooms, while the rear home offers 2 bedrooms and 1 bathroom, making this property ideal for rental income, extended family, or living in one home while renting the other. Situated on an oversize lot of 22,421 sq ft, this property also includes a second parcel of approximately 7447 sq ft, creating a combined land opportunity that’s hard to find in today’s market. Buyers are encouraged to verify with the city of El Monte the potential uses and development opportunities for the property and additional parcel. Ideally located in a well established neighborhood you’ll enjoy convenient access to the 10, 605 and 60 freeways, making commuting throughout Southern California, a breeze. The property is just minutes from shopping, dining and everyday convenience. The property is also close to schools, parks, public transportation, the El Monte Metrolink station and medical facilities. Organization.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.8 |
| Baths | 0.0 | 2.0 |
| Square foot | 3,224 | 2,200.786 |
| Lot Size | 22,421 | 12,293.071 |
| Price | $2.40M | $1.07M |
| Price per sq ft | $744 | $474 |
| Built year | 1929 | 1943 |
| HOA | $0 | $0 |
| Days on market | 30 | 88 |
Aug 10, 2026
$2,400,000
Initial Listing