
South El Monte, California 91733
This triplex presents a Strong Value Opportunity with a List Price of $850,000—positioned well below the $898,237 Fair Market Value by 5%. This valuation gap offers $48,237 in Instant Equity. Featuring separately metered utilities and a Condition Rating of 4, the property is a functional Residential Income Asset with immediate rental potential. Its strategic location near major freeways and retail hubs ensures high tenant demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking supplemental income.
Property is moderate renovation needed.
Built in 1947, the property shows evidence of partial renovations (tile flooring and bathroom vanity/surround) that appear to be 15-20 years old. While functional and move-in ready for a rental, the finishes are dated, and the exterior shows minor wear, such as the garage door and fencing, requiring cosmetic updates.
The triplex configuration with three separate units provides versatile investment strategies, including high rental yield, a 1031 exchange opportunity, or owner-occupancy with supplemental income.
All units are separately metered for gas and electricity, which significantly reduces landlord operating expenses and simplifies utility management for the owner.
The property boasts excellent walkability to Plaza Del Sol shopping and dining, combined with immediate proximity to the 60, 10, and 605 freeways, making it highly desirable for commuters.
Built in 1947, the property may require updates to major systems such as plumbing and electrical to meet modern standards and reduce long-term maintenance costs.
With three units on a 5,315 sqft lot, there is likely limited private outdoor space and potentially constrained parking, which could impact the ability to command premium rents.
Prime South El Monte Rental Opportunity! Featuring 3 separate units, separately metered for gas and electricity. Ideal for investor seeking rental income, owner occupy one and collect supplemental rental income from the other 2 units or if you're looking to complete a 1031 exchange. Walking distance to Plaza Del Sol restaurants Habit Burger, Panda, Subway and Superior market, CVS & shops. Close to 60, 10 & 605 fwys.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,946 | - |
| Lot Size | 5,315 | - |
| Price | $850.0K | $685.0K |
| Price per sq ft | $437 | $436 |
| Built year | 1947 | 0 |
| HOA | $0 | $0 |
| Days on market | 33 | 385 |
Aug 7, 2026
$850,000
Initial Listing
Apr 1, 1999
$159,000
Public Record