
El Monte, California 91732
This Multi-Unit Investment Compound represents a High-Potential Investment Opportunity with a List Price of $1,650,000. While the price exceeds the $1,307,242 Fair Market Value, the asset’s scale is unmatched, featuring an expansive 27,114 sq ft lot and seven total income-producing units. Currently holding a Condition Rating of 5, the 1926-built structures require a comprehensive renovation to modernize the units and maximize rental yields. Situated within the El Monte Union High district, this value-add project is perfectly suited for Portfolio Investors or Developers looking to capitalize on high-density redevelopment in a prime regional corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5227 Hammill Road Subject | $1,700,000* List Price | 5 | 2 | 2,450 | $541 | - |
A 11530 Hallwood Sold | $1,268,000 | 0 | 0 | 2,212 | $573 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1926, this property is explicitly marketed as 'ready for renovation' and an investment opportunity. Interior images confirm a need for substantial rehabilitation, showing a kitchen with visible ceiling damage/staining, severely outdated cabinetry, and worn finishes. The living areas feature dated wood paneling and aging fixtures, while the overall condition suggests that major systems are likely near the end of their functional lifespan, requiring significant capital expenditure to modernize.
The massive 27,114 sq ft lot offers rare scale for the area, providing significant opportunities for expansion, redevelopment, or the creation of a high-density private compound.
With a 5-bedroom main residence and six additional 1-bedroom units, the property offers a versatile and robust rental foundation with seven total units to maximize cash flow.
Ideally situated near high-value neighborhoods like Arcadia and Temple City with immediate access to the 210, 10, and 605 freeways, ensuring strong long-term tenant demand.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2450, other record living area = 6296. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 12.
The 1926-built main residence is noted as being ready for renovation, indicating a need for immediate capital expenditure to modernize the structures and achieve market rents.
The presence of only three electric and gas meters for seven total units suggests a need for utility separation or sub-metering to properly manage operating expenses.
Exceptional investment and development opportunity on an expansive 27,114 sq ft lot, ideally located in El Monte on a quiet street near Arcadia, Temple City, and Monrovia. This versatile property is well-suited for investors, developers, or buyers seeking a multi-unit compound with strong income potential. The property features a 5-bedroom, 2-bath main residence ready for renovation, along with six additional 1-bedroom, 1-bath income-producing units situated at the rear. With three separate electric and gas meters, the layout offers flexibility for rental optimization, multi-generational living, or future repositioning. The oversized lot presents a compelling opportunity for expansion, redevelopment, or creating a private compound-style setting. Conveniently located moments away from the 210, 10, and 605 freeways, providing easy access throughout the San Gabriel Valley and greater Los Angeles area. Close to Arcadia, Temple City, and Monrovia, with nearby dining, shopping, and everyday amenities, enhancing long-term tenant appeal and future value. A unique opportunity to maximize income and unlock the full potential of this multi-unit property in a prime El Monte location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 0.0 | 86% |
| Baths | 2.0 | 0.0 | 86% |
| Square foot | 2,450 | 2,450 | 50% |
| Lot Size | 27,114 | 15,913 | 86% |
| Price | $1.70M | $1.30M | 86% |
| Price per sq ft | $694 | $506 | 86% |
| Built year | 1926 | 1946 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 201 | 14% |
Apr 17, 2026
$1,700,000
$1,650,000
+3% Price Increase
Initial Listing
Apr 6, 2026
$1,650,000
Initial Listing