
El Monte, California 91731
This High-Density Duplex is a Prime Investment Opportunity with a List Price of $999,000—positioned well below the $1,025,875 Fair Market Value by 2%. This valuation gap offers $26,875 in Instant Equity. Currently generating $4,750 in monthly income, the property holds a Condition Rating of 4 and sits on a 7,655 sq ft lot with R4 Zoning. With significant ADU conversion potential and high-density development upside, this asset is perfectly suited for Buy-and-Hold Investors or Value-Add Developers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4011 Gibson Subject | $999,000* List Price | 0 | 0 | 1,729 | $593 | - |
A 9925 Woodrich Lane Sold | $765,000 | 0 | 0 | 1,380 | $554 | 0.3 mi |
B 4122 Rowland Ave Sold | $1,045,000 | 6 | 3 | 2,283 | $458 | 0.3 mi |
C 3908 Velma Avenue Sold | $1,130,000 | 0 | 0 | 2,120 | $533 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1942, this duplex is well-maintained but shows typical signs of age. While the second unit features an updated kitchen and some flooring has been replaced with laminate, the property overall retains older windows, basic light fixtures, and a dated exterior. It meets the criteria for 'fair' as it is functional and maintained through occasional updates but lacks a comprehensive recent renovation of all major systems and interior finishes.
The generous 7,655 sq ft lot combined with EMR4YY zoning provides a significant opportunity for expansion, including the potential for additional units or an Accessory Dwelling Unit (ADU).
As a residential income property with two distinct units, it offers immediate cash flow potential for investors or a mortgage-offsetting opportunity for owner-occupants.
The front unit includes an oversized storage room that offers the versatility to be converted into a third bedroom or home office, increasing the unit's marketability and rental value.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7600, other record lot size in square feet = 7655.
Built in 1942, the property may require more frequent maintenance or costly upgrades to major systems compared to newer residential income properties.
The $1.05M price point for a 1940s duplex in El Monte may necessitate a larger down payment and higher development costs to realize the property's full financial potential.
Price reduced by $50,000. Motivated seller—excellent opportunity for investors seeking value-add potential. Great investment opportunity in the City of El Monte. This duplex features two spacious units generating approximately $4,750 per month in rental income. The front unit is a 2-bedroom, 1-bath with an additional large bonus room currently used for storage, offering flexible use potential. The second unit is a well-maintained 1-bedroom, 1-bath with an updated kitchen, and also includes an additional room that may be used as a bedroom, office, or storage area. Both units offer generous layouts with functional living space. Property sits on a 7,655 sq ft lot with R4 high-density residential zoning, presenting excellent value-add and development potential. The center enclosed carport area may offer an opportunity for expansion or potential ADU conversion (buyer to verify with the City of El Monte). Neighboring properties with similar layouts have been expanded to accommodate three units, further supporting the upside potential. Strong rental demand in the area with historically low vacancy rates makes this an attractive opportunity for investors or owner-users. No court confirmation required. Property is being sold AS-IS in present condition. Seller will not make repairs or provide credits. Seller has not occupied the property. Broker and broker’s agents do not guarantee the accuracy of square footage, bedroom or bathroom count, lot size, zoning, permitted or unpermitted spaces, or other information obtained from the seller or public records. Buyer to independently verify all information through personal inspections and with appropriate professionals.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,729 | 2,005 | 43% |
| Lot Size | 7,600 | 10,000 | 29% |
| Price | $999.0K | $999.0K | 50% |
| Price per sq ft | $578 | $458 | 86% |
| Built year | 1942 | 1946 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 100 | 14% |
Mar 26, 2026
$999,000
$1,050,000
-5% Price Drop
Initial Listing
Mar 9, 2026
$1,050,000
Initial Listing