4011 Gibson El Monte, CA 91731
7,601 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26051575
HOA Y/N No
Year Built 1942
Lot Size 7,601 Sqft
Property Sub-Type Duplex
Property Description
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.
Location
State CA
County Los Angeles
Area 619 - El Monte
Interior
Interior Features All Bedrooms Down
Cooling Central Air, Wall/Window Unit(s)
Flooring Carpet, Laminate
Fireplaces Type None
Fireplace No
Appliance Gas Oven, Water Heater
Laundry Inside
Exterior
Parking Features Detached Carport
Fence Fair Condition
Pool None
Community Features Street Lights
View Y/N No
View None
Roof Type Shingle
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 8577017023
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Probate Listing
