4011 Gibson Rd El Monte, CA 91731
Northwest El Monte NeighborhoodEstimated payment $5,485/month
Highlights
- No HOA
- Cooling System Mounted To A Wall/Window
- Detached Carport Space
- Rosemead High School Rated A
- Laundry Room
- 4-minute walk to Gibson Mariposa Park
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.
Listing Agent
eXp Realty of California Inc Brokerage Phone: 310-658-8226 License #01220271 Listed on: 03/09/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1942
Lot Details
- 7,600 Sq Ft Lot
- No Common Walls
- Fenced
- Fence is in fair condition
- Density is 2-5 Units/Acre
Home Design
- Duplex
- Entry on the 1st floor
- Shingle Roof
Interior Spaces
- 1,729 Sq Ft Home
- 1-Story Property
- Gas Oven
- Laundry Room
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Bathroom
Parking
- Detached Carport Space
- Parking Available
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Central Air
- Standard Electricity
- Water Heater
Listing and Financial Details
- Tax Lot 188
- Tax Tract Number 7007
- Assessor Parcel Number 8577017023
- $839 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $1,500
- Trash Expense $230
- Water Sewer Expense $70
- Operating Expense $10,960
- Gross Income $56,400
- Net Operating Income $46,040
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,254 | $44,545 | $23,254 | $21,291 |
| 2024 | $1,254 | $43,673 | $22,799 | $20,874 |
| 2023 | $1,235 | $42,817 | $22,352 | $20,465 |
| 2022 | $1,200 | $41,978 | $21,914 | $20,064 |
| 2021 | $1,190 | $41,156 | $21,485 | $19,671 |
| 2020 | $1,185 | $40,735 | $21,265 | $19,470 |
| 2019 | $1,192 | $39,938 | $20,849 | $19,089 |
| 2018 | $1,060 | $39,156 | $20,441 | $18,715 |
| 2016 | $1,004 | $37,639 | $19,649 | $17,990 |
| 2015 | $991 | $37,074 | $19,354 | $17,720 |
| 2014 | $980 | $36,348 | $18,975 | $17,373 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/25/2026 03/25/26 | Price Changed | $999,000 | -4.9% | $578 / Sq Ft |
| 03/09/2026 03/09/26 | For Sale | $1,050,000 | -- | $607 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $270,000 | New Conventional |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR26051575
APN: 8577-017-023
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. 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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