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Sold for $880,000
  • Listed by: eXp Realty of California Inc • Rafael Dagnesses • Contact: 888-584-9427
    Bought with: K.W. EXECUTIVE
    $880,000

    4011 Gibson Rd, El Monte, CA 91731

    3beds
    1baths
    1,729sqft
    Duplex
    Built in 1942
    -- sqft lot
    $880,000 Zestimate®
    $509/sqft
    $2,298 Estimated rent

    Home value

    $880,000

    $801,000 - $968,000

    $2,298/mo

    Zestimate® history
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    $5,652/mo

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    What's special

    Comfortable living spaceUpdated kitchen
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Rafael Dagnesses DRE #01220271 310-658-8226,

    eXp Realty of California Inc

    Bought with:

    David Cheng, DRE #02145690

    K.W. EXECUTIVE

    Source: CRMLS,MLS#: SR26051575MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    Rooms
    • Room types: Bedroom
    Bedroom
    • Features: All Bedrooms Down
    Cooling
    • Central Air, Wall/Window Unit(s)
    Appliances
    • Included: Gas Oven, Water Heater
    • Laundry: Inside
    Features
    • All Bedrooms Down
    • Flooring: Carpet, Laminate
    • Has fireplace: No
    • 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

    Parking
    • Parking features: Detached Carport
    • Has carport: Yes
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Pool features: None
    • Spa features: None
    • Fencing: Fair Condition
    • Has view: Yes
    • View description: None
    Lot
    • Size: 7,600 Square Feet
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 8577017023
    • Special conditions: Probate Listing

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1942

    Utilities & green energy

    • Electric: Standard
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Street Lights
    Location
    • Region: El Monte

    Financial & listing details

    • Price per square foot: $509/sqft
    • Tax assessed value: $44,545
    • Annual tax amount: $1,429
    • Date on market: 3/9/2026
    • Cumulative days on market: 78 days
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    7/7/2026Sold$880,000-5.3%$509/sqft
    Source: CRMLS #SR26051575 Report a problem
    5/27/2026Contingent$929,000$537/sqft
    Source: CRMLS #SR26051575 Report a problem
    4/21/2026Price change$929,000-7%$537/sqft
    Source: CRMLS #SR26051575 Report a problem
    3/25/2026Price change$999,000-4.9%$578/sqft
    Source: CRMLS #SR26051575 Report a problem
    3/9/2026Listed for sale$1,050,000$607/sqft
    Source: CRMLS #SR26051575 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,429 +13.9%$44,545 +2%
    2024$1,254 +1.6%$43,673 +2%
    2023$1,235 +2.9%$42,817 +2%
    2022$1,200 +0.8%$41,978 +2%
    2021$1,190 +0.4%$41,156 +1%
    2020$1,185 $40,735 +2%
    2019$1,185 +11.9%$39,938 +2%
    2018$1,060 $39,156 +2%
    2017$1,060 +1.6%$38,390 +2%
    2016$1,043 +3.9%$37,639 +1.5%
    2015$1,004 +2.4%$37,074 +2%
    2014$980 $36,348 +4.5%
    2011-- $34,781 +0.5%
    2009-- $34,605 +2%
    2008-- $33,927 +2%
    2007-- $33,263 +2%
    2006-- $32,612 +4%
    2004-- $31,348 +1.9%
    2003-- $30,775 +2%
    2002-- $30,172 +4%
    2000-- $29,003
    Find assessor info on the county website

    Neighborhood: 91731

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $880,000
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $880,000