This Value-Add Residential Income Asset is listed at $1,100,000, positioned above the $904,354 Fair Market Value to reflect its rare development upside. Featuring a Condition Rating of 5, the century-old duplex requires significant rehabilitation but sits on an expansive 8,784 sqft lot within the Los Angeles Unified district. The primary value lies in the ADU construction potential, allowing for increased density and rental yield in a high-demand area. This is a strategic play for Value-Add Developers and Buy-and-Hold Investors looking to capitalize on land-use opportunities.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3760 Esmeralda Subject | $1,100,000* List Price | 5 | 2 | 1,696 | $533 | - |
A 11132 Montecito Drive Sold | $805,000 | 0 | 0 | 1,652 | $487 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1914, this century-old duplex likely requires substantial rehabilitation of major systems including electrical, plumbing, and structural components. The listing description emphasizes the lot size and ADU development potential rather than interior features or recent updates, indicating the existing structure is in dated or distressed condition.
The expansive 8,784 sqft lot and detached garage offer significant potential for an ADU (Accessory Dwelling Unit) addition, maximizing the property's rental yield and overall investment value.
Configured as a duplex with a five-bedroom layout, this residential income property provides immediate cash flow opportunities or a flexible multi-generational living arrangement in a high-demand area.
The oversized lot provides rare outdoor space and ample parking capacity, which is a significant competitive advantage for multi-unit properties in the El Monte market.
Built in 1914, the property may require substantial capital expenditure for modernizing aging infrastructure, including electrical, plumbing, and structural components to meet current building codes.
At a list price of $1.1 million for 1,696 square feet of living space, the property commands a high price-per-square-foot that may be difficult to justify without significant recent upgrades.
duplex. huge lot with detached garage. possible build of ADU build
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 0.0 | 57% |
| Baths | 2.0 | 0.0 | 57% |
| Square foot | 1,696 | 2,005 | 43% |
| Lot Size | 8,784 | 10,000 | 43% |
| Price | $1.10M | $1.04M | 57% |
| Price per sq ft | $649 | $458 | 86% |
| Built year | 1914 | 1946 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 58 | 100 | 14% |
Feb 24, 2026
$1,100,000
Initial Listing
Feb 23, 2026
$110,000
Initial Listing
Feb 17, 2023
$750,000
Public Record
Apr 12, 2005
$563,500
Public Record
Jul 9, 2003
$346,000
Public Record