Listed by Matty Hurtado•DRE #01207955• Coldwell Banker Realty
Listed by Robert Ip•DRE #01876261• Coldwell Banker Realty Pasadena
For sale
$1,600,000
Est. $10,814/mo —
10
bd
•
6 ba
•
4,778
sq ft
9733 Rio Hondo Pkwy, El Monte, CA 91733
About this home
Bring your vision to Rio Hondo Parkway! Two detached homes with private backyards, plus a 4-unit building, on nearly 24,000 sq ft of land. The two detached homes, a 3BD/1.5BA and a 2BD/2BA, each have laundry inside and a nice-sized backyard, and sit on a 17,938 sq ft parcel. A long driveway runs through the property. The middle home has a two-car garage, the back home has a separate storage structure, and the driveway offers ample parking. In front sits a two-story four-unit building (two 2BD/1BA and two 1BD/1BA) on a 6,058 sq ft lot, with a newer roof and four covered parking spaces. That makes six units in all across two parcels. Located in the heart of the San Gabriel Valley with easy access to the 10, 605, and 60 freeways, El Monte's express bus station, the bike path, and great food, from taquerias and mariscos to dim sum, pho, and boba. Long-term tenants are in place. Offered as-is, this is a value-add opportunity with room to build equity through updates and improvements. Ideal for investors, builders, and owner-users. Rents, income, and details available upon request.
Park El Monte, located between Peck Road and Santa Anita Avenue, is a residential and park-adjacent El Monte neighborhood with mid-century streetscapes and a greenbelt feel. The neighborhood’s character concentrates around the Peck Road and Valley Boulevard corridor, where taquerías, panaderías, small markets, and service storefronts keep the sidewalks active. Housing leans toward single-story ranch homes and compact apartment courts, with mature shade trees and wide driveways shaping the block rhythm. Whittier Narrows Recreation Area frames the west side with lakes, multi-use trails, and open fields. The El Monte Historical Museum and the El Monte Civic Center add a civic-and-culture layer beyond the daily errands. Rio Hondo College’s nearby campus energy shows up in coffee runs and evening classes.
Provided by Walk Score and Local Logic
Offer insights
9733 Rio Hondo Pkwy · $1,600,000
$1.66M and above
75% chance or better to win
Why $1.66M+ is a strong offer
DAYS ON MARKET
3 days
The average home goes pending in 72 days.
SALE-TO-LIST
97.6%
Most homes are selling 2% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Interior features
No shared/common walls (standalone units within the property)
Bedrooms
Multiple unit configurations: 1-bedroom and 2-bedroom units
Bathrooms
One bathroom in each listed unit
Kitchen
No appliances included (most appliances are tenant-owned and excluded)
Laundry & utility
On-site laundry (see remarks for details)
Heating & cooling
Wall heaters
Wall/window cooling units
Exterior features
Front yard
Fenced (see remarks)
Paved road frontage with access via city streets
Curbs in the neighborhood
No pool
Home design
Multi-building property (3 buildings)
Parking
Assigned and covered parking plus driveway access
Total of 12 parking spaces on the property
2-car garage noted for some units and additional garage allocations across units
Construction
Stucco construction
Composition roof
Year built source: assessor
Utilities
Natural gas connected
Electricity connected
Water connected
Two separate water meters
Six separate gas meters
Six separate electric meters
HOA & community
No HOA information provided
Financial info
Gross scheduled income: $99,420
Insurance expense listed
Individual unit rents range from $1,000 to $1,850 (six listed units with rents shown)
Units are unfurnished
Other
Tenant responsible for gas, electricity and other utilities as noted
Electricity and solar
View estimated energy costs and solar savings for this home
Consistent with the General Plan Land Use Designation of Medium Density Residential. This zoning district allows for apartments, townhouses and Planned Residential Developments (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.
Climate risks
5/10 Flood Factor
Estimated 22-32% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 98° expected this year, 20 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
6/10 Air Factor
10 unhealthy days expected this year, 10 days in 30 years
Provided by First Street
Historical weather
El Monte, CA • 91733
Average low and high temperatures (°F)
70
50
72
52
75
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88
65
91
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86
65
81
59
72
53
70
52
Jan
Feb
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Jun
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Aug
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Sun exposure
In this area, properties receive around 9.7 hours in
June and 6.8 hours in December, placing it above the
U.S. average for solar exposure.
9.7 hrs
6.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 9733 Rio Hondo Pkwy
$1,591,107
$8,893 under list price of $1.60M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $849K to $1.0M.