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.
Multi-familyProperty Type
1942Year Built
7,600 sq ftLot Size
$509Price/Sq.Ft.
Listed by Rafael Dagnesses•DRE #01220271• eXp Realty of California Inc
Contact: 310-658-8226
Bought with David Cheng•DRE #02145690• K.W. EXECUTIVE
Consistent with the General Plan Land Use Designation of High Density Residential. This zoning district allows for the highest residential densities among residential zoning districts for apartments, townhouses, condominiums and PRDs.; Provide a variety of multi-family residential dwellings ranging from suburban to more urban standards characterized by multi-story residential structures focused around common open space areas and other amenities to suit a spectrum of individual lifestyles and needs.; Maintain the existing character of the city's multiple-family residential neighborhoods, while providing new opportunities for unit additions and infill housing.; Ensure that the scale and design of new development and alterations and additions to existing dwellings are compatible with the scale, mass and character of their neighborhoods, and protect adjacent properties from unreasonable obstruction of light and air.; Provide for appropriate densities within the ranges established in the general plan.; Create opportunities to develop walkable neighborhoods in close proximity to commercial areas, recreational amenities and different modes of transit.
Property details
Parking
Parking / Garage Information
Carport Detached
Has Parking
Interior
Laundry Information
Has Laundry
Inside
Kitchen Information
Appliances: Water Heater Unit, Gas Oven
Has Appliances
Cooling Information
Central, Wall Window
Has Cooling
Room Information
All Bedrooms Down
Flooring Information
Carpet, Laminated
Interior Features
Entry Level: 1
Entry Location: 1
Levels: One
Unit Type 1 Information
Unit Key Numeric: 418211603
Listing Key Numeric: 418211581
Actual Rent: $2,150
Total # of Beds: 1
Furnished: Unfurnished
Total Rent: $2,150
Total # of Units: 1
Unit Type 2 Information
Unit Key Numeric: 418211604
Listing Key Numeric: 418211581
Actual Rent: $2,600
Total # of Baths: 1
# of Baths Full: 1
Furnished: Unfurnished
Total # of Beds: 2
Total Rent: $2,600
Total # of Units: 1
Expenses
Trash: $230
Total: $10,960
Insurance: $1,500
Water Sewer: $70
Multi-Unit Information
Net Operating Income: $46,040
Average 3 Bed Area Units: Sq. Ft.
Average 2 Bed Area Units: Sq. Ft.
Average 1 Bed Area Units: Sq. Ft.
Sq. Ft.
Total Building Area: 1,729
Gross Scheduled Income: $56,400
Gross Operating Income: $3,600
Gross Income: $56,400
# Of Separate Water Meters: 2
# Of Separate Gas Meters: 2
# Of Separate Electric Meters: 2
# Of Buildings: 3
Vacancy Allowance Rate: 3
Exterior
Exterior Information
Roof: Shingle
Fencing: Fair Condition
Has Fence
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: 2-5 Units/Acre
Property Information
Total # of Units: 2
Common Walls: No Common Walls
Parcel Number: 8577017023
Total # of Stories: 1
Year Built Source: Public Records
Property ADU: No
Financial
Assesments Information
Assessments: Unknown
Lease / Rental Details
Garage Rental Rate: $2,600
Operating Expense: $10,960
Utilities
Utilities Information
Electric: Standard
Sewer: Public Sewer
Water Source: District/Public
Location
Neighborhood Information
Community Features: Street Lighting
Location Information
Latitude: 34.07984400
Longitude: -118.05015400
Directions: Valley to Gibson
Road Frontage Type: Access via City Streets
Public facts
Beds: 1
Baths: 1.0
Sq. Ft.: 715
Stories: —
Lot Size: 7,600 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1942
Year Renovated: —
County: Los Angeles County
APN: 8577017023
Home facts updated by county records on Aug 30, 2026
Other
Listing Information
IDX Contact Info: 310-658-8226
Days Active in MLS: 78
Continuous Days Active in MLS: 78
Listing Agent Information
List Agent First Name: Rafael
List Agent Last Name: Dagnesses
Listing Office Information
List Office Name: eXp Realty of California Inc
Selling Agent Information
Buyer Agent First Name: David
Buyer Agent Last Name: Cheng
Selling Office Information
Buyer Office Name: K.W. EXECUTIVE
Around this home
Schools
Shirpser Elementary School
Public K-6 • Assigned • 0.1mi
6/10
Gidley Elementary School
Public K-8 • Assigned • 0.9mi
6/10
Rosemead High School
Public 9-12 • Assigned • 1.3mi
8/10
Provided by GreatSchools
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