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4011 Gibson Rd, El Monte, CA, 91731

3beds
1baths
1,729sqft
$929,000
$537price/sqft
$5,728/moest. monthly cost
$229,120/yrincome needed

About This Home

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.

Getting Around

72
WalkingVery Walkable
61
TransitGood Transit
62
BikeBikeable

Schools

6/10
8/10
Rosemead High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 1942

Materials

  • Roof: Shingle

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Gas Oven,Water Heater
  • Laundry features: Inside

Bedroom

  • Features: All Bedrooms Down

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1

Cooling

  • Cooling features: Central Air,Wall/Window Unit(s)

Features

  • All Bedrooms Down
  • Flooring: Carpet,Laminate
  • Fireplace features: None
  • Common walls with other units/homes: No Common Walls

Interior Area

  • Total structure area: 1,729
  • Total interior livable area: 1,729 sqft

Property

Details

  • Parcel number: 8577017023
  • Special condition: Probate Listing

Features

  • Levels: One
  • Stories: 1
  • Entry location: 1
  • Pool features: None
  • Spa features: None
  • Fencing: Fair Condition
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 7,600 sqft
  • Features: 2-5 Units/Acre

Parking

  • Parking features: Detached Carport
  • Carport: Yes