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About the Listing SR0129300 - F210004420
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.
Listing Highlights
Status
Active
Days on Site
25
Property Type
Multi-Family
MLS ®
SR26051575
Year Built
1942
Total Square Footage
1,729
Lot/Acreage
0.17
County
Los Angeles
Area
619 - El Monte
Interior Details
- Bedrooms: 3
- Bathrooms: 1 Full
- Appliances: Gas Oven, Water Heater
- Air Cond: Central Air,Wall/Window Unit(s)
- Heating:
- Fireplaces:
- Floor: Carpet,Laminate
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: All Bedrooms Down
- Water: Public
Exterior Details
- Lot Description: 2-5 Units/Acre,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Roof: Shingle
- Others: 2+ Total Units
- Sewer: Public Sewer
- Parking Features: Detached Carport
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 8577017023
- Tax Year: N/A
Payment Calculator
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Questions About..
4011 Gibson El Monte, CA 91731
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