
El Monte, California 91731
This Spacious Multi-Unit Property is a High-Potential Investment Opportunity, listed at $1,075,000—positioned slightly above the $1,049,456 Fair Market Value. While not a discount buy, the property offers significant utility through its Dual-Living Potential, featuring a main house and an adjoining unit with separate entrances. With a Good Condition Rating, Granite Kitchen, and a massive 10,335 sqft lot, this asset provides immediate rental income or multigenerational flexibility. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through rental revenue.
Property is move-in ready.
Although built in 1950, the property features significant renovations including a modern bathroom with updated tiling and fixtures, and a kitchen with granite countertops. The home appears well-maintained, functional, and move-in ready, fitting the 5-15 year renovation window for a Good rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10335, living area = 1831.
The property features an adjoining unit with its own separate entrance and driveway, providing an excellent opportunity for rental income or multigenerational living.
Situated on a massive 10,335 sqft lot, the property offers significant outdoor space, including a large covered patio and potential for further ADU development.
Built in 1950, the property may require updates to major systems such as plumbing and electrical to meet modern standards and buyer expectations.
Listed at over $1 million, the property sits at the higher end of the El Monte market, which may limit the pool of qualified buyers or present appraisal challenges.
GREAT OPPORTUNITY to own a spacious home plus a smaller adjoining unit for potential rental income in the highly desirable area of North El Monte. This property has 1,831 sqft of living space (per County Assessor), with a massive 10,335 sqft lot. The main house enjoys a spacious living room, an open-style kitchen with granite counters that open into the generous dining area. It has 2 large bedrooms, and 1 bathroom. The adjoining unit has a living room, a large bedroom, a kitchen area, and a bathroom with shower. This unit has its own separate driveway and main entrance. There's a 2-car detached garage with a small bonus room attached to the back with its own bathroom. It provides additional space for a guest, storage, or hobbies. Enjoy the extra-large covered patio that's perfect for entertaining in the shade and the convenience of a 3/4 bathroom outside. This property is centrally located, close to nearby schools, transportation, restaurants, shopping and major freeways.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.6 |
| Baths | 4.0 | 2.6 |
| Square foot | 1,831 | 1,643.75 |
| Lot Size | 10,335 | 4,982 |
| Price | $1.07M | $801.6K |
| Price per sq ft | $587 | $521 |
| Built year | 1950 | 1979 |
| HOA | $0 | $172 |
| Days on market | 28 | 61 |
Aug 12, 2026
$1,075,000
Initial Listing