12145 Wanda Street, El Monte, California 91732, El Monte, 91732 - bed, bath

12145 Wanda Street, El Monte, California 91732 home-pic-0
ACTIVE$920,000
12145 Wanda Street, El Monte, California 91732
0Bed
0Bath
1,932Sqft
6,132Lot
Year Built
1975
Close
-
List price
$920K
Original List price
$920K
Price/Sqft
$476
HOA
-
Days on market
-
Sold On
-
MLS number
TR25139251
Home ConditionFair
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $920.0K(79th), sqft - 1932(64th), beds - undefined(3th), baths - undefined(3th).

Thinking of buying a small house then build addtional space later? It costs you $305 per SQFT in average to build a new structure. Here is a great deal!!!Everything is done!!!!Newer Constructions, Great location, Cap Rate 7.76%, Low Maintenance in North El Monte. Gated house located in a quite and safe community. Easy access to highway I-10 and I-605. Close to school, shopping centers and Asian supermarket. The single house was built in 1943 with 638 SQFT, owner started to make addition 1294 SQFT and complete renovation of the original one in 2006 with permits, replaced the roof and install laminated wood floor, installed gas pipe, double pane windows**** County accessor put 1975 as the Effective Year Built****Owner lives in 3 bedrooms and 2 baths with spacious living room, remodeled kitchen with big dining table. Tenants live in a 2 bedrooms, 1 bath with separate entrance and kitchen. (Please refer to the floor plan on the 24th picture) ******Kitchen was remodeled 6 years ago with new granite countertop and new cabinets, range hood*****Detached garage with 180 SQFT permitted addition ( not included in the 1752 SQFT building) and laundry area has been converted to a bedroom with living room and bathroom for rental income. ******Seller is willing to help to get the permits for the JADU and ADU before escrow closings if additional rental income required to be qualified for the mortgage loans.****You may buy it with your relatives or friends together since the house could be divided into 3 units with separate entries.**** No city presale inspections required.**** Seller may carry back if your qualified loan amount isn't good enough to cover the listing price.

Price History

Date
Event
Price
06/21/25
$920,000
Condition Rating
Fair

The property underwent a significant renovation in 2006 (18 years ago), including roof, flooring, and windows, and the kitchen was more recently remodeled 6 years ago (2018) with modern features like granite countertops and new cabinets. However, images reveal that at least one bathroom shows signs of deferred maintenance (peeling paint/water damage), and others appear functional but not recently updated or high-end. While move-in ready, these areas require minor updates or repairs, aligning with the 'Fair' condition criteria for a property built over 20 years ago but renovated between 15-30 years ago, showing signs of being aged but maintained through regular upkeep and occasional updates.
Pros & Cons

Pros

Income-Generating Potential: The property is configured for multiple income streams, featuring separate units for owner and tenants, with potential for up to 3 units and seller assistance for JADU/ADU permitting, offering significant rental income and investment value.
Extensive & Permitted Renovations: A substantial 1294 SQFT addition and complete renovation of the original structure were completed in 2006 with permits, including a new roof, double-pane windows, gas pipe, and a kitchen remodeled 6 years ago, indicating a well-maintained and updated property.
Strong Investment Metrics: Boasting an attractive Cap Rate of 7.76% and described as 'Low Maintenance,' this property presents a compelling opportunity for investors seeking a high-yield asset.
Prime Location & Accessibility: Located in North El Monte with easy access to highways I-10 and I-605, and close to schools, shopping centers, and Asian supermarkets, providing excellent convenience for residents and tenants.
Flexible Transaction Terms: The seller offers flexible financing options, including potential carry-back, and no city presale inspections are required, which can streamline the purchase process for qualified buyers.

Cons

Permitting Status of Rental Units: While the seller offers to help secure JADU/ADU permits before closing, the current status of all rental units (e.g., converted garage) may require buyer due diligence to ensure full compliance and avoid future complications.
Age of Original Structure: Despite extensive renovations and an 'Effective Year Built' of 1975, the original house dates back to 1943, which might raise concerns for some buyers regarding the underlying infrastructure or long-term maintenance compared to genuinely newer constructions.
Niche Buyer Appeal: The property's strong emphasis on multi-unit configuration and income generation may limit its appeal to traditional single-family home buyers seeking a unified, private living space, potentially narrowing the buyer pool.

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