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… Read More 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. Read Less
Property listed by eXp Realty of California Inc, Rafael Dagnesses 310-259-7556
Listing Snapshot
Days Online
16
Last Updated
Property Type
Duplex
Lot Size
0.17 Acres
Year Built
1942
MLS Number
SR26051575
Additional Details
Property Access
Frontage Type: CityStreet
Appliances & Equipment
GasOven, WaterHeater
Building
Built in 1942, 3 buildings, 1 storey, Levels: One, Entry level: 1, Entry location: 1
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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