
South El Monte, California 91733
Analysis of 1723 Penn Mar, South El Monte, California 91733 is currently available with a list price of $565,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the South 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 land value only, full reconstruction required.
Original 1939 structure is over 80 years old with no recorded renovations; the listing explicitly targets developers and emphasizes the 12,975 sq ft lot for development potential rather than the habitability of the existing 1-bedroom dwelling.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12975, living area = 616.
The property features a rare 12,975 sq ft lot, offering nearly a third of an acre in a central location, which is highly uncommon at this price point.
The significant lot size provides an exceptional canvas for investors or developers to build an ADU, expand the existing footprint, or explore multi-unit possibilities.
The original 1939 structure is being sold in as-is condition, which will likely require a complete renovation or teardown to meet modern living standards.
At only 616 square feet with a 1-bedroom, 1-bathroom layout, the current dwelling is undersized for most traditional buyers and offers minimal immediate utility.
Rare opportunity to own a nearly 1/3 acre lot 12,975 lot size in the heart of South El Monte. This original 1939 home (1 bed/1 bath, 616 sq ft) is being sold as-is, offering investors, developers, and visionary buyers an exceptional canvas to renovate, build an ADU, or explore lot development potential. Opportunities like this rarely come to market at this size and price point. Buyer to independently verify all zoning, development, and permit possibilities with the City of South El Monte.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 3% |
| Baths | 1.0 | 2.0 | 20% |
| Square foot | 616 | 1,330.5 | 3% |
| Lot Size | 12,975 | 5,605.5 | 95% |
| Price | $565.0K | $782.5K | 8% |
| Price per sq ft | $917 | $535 | 98% |
| Built year | 1939 | 1956 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 156 | 5% |
May 28, 2026
$565,000
Initial Listing