5209 La Madera Avenue
El Monte, CA, 91732
$599,999
MLS: 26665813
Beds
3
Baths
2
Sq Ft
1,168
Lot
0.17 ac
Year Built
1961
MLS #
26665813
Days on Market
15
Listed
Mar 31, 2026
Description
Probate Sale! Opportunity knocks in the heart of El Monte! This 3-bedroom, 2-bath home offers approximately 1,148 sq ft of living space on a generous 7,581 sq ft lot. Ideal for investors, developers, or end-users looking to renovate and create their vision, this property presents significant upside potential. The home is in need of repairs and is being sold in its current condition, making it a great candidate for a full renovation or flip. Spacious lot provides possibilities for expansion, outdoor enhancements, or redevelopment (buyer to verify). Conveniently located near schools, shopping, and major freeways, offering easy access for commuters. A rare chance to unlock value in a desirable neighborhood don't miss this opportunity! Probate Sale, 15 day Notice of Proposed Action is required. Showings to take place during open house only.
Location
El Monte, Los Angeles County, CA 91732
Open on Google Maps ↗Listed by: Melissa Zee · Keller Williams Beverly Hills
Payment estimate
$4,468
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $60,000 · Loan: $539,999
- Principal & Interest
- $3,318
- Property tax (1.25%)
- $625
- Homeowners insurance
- $300
- Mortgage insurance
- $225
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this El Monte home with as little as 3.5% down using an FHA loan — roughly $21,000 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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