11354 Coffield Avenue, El Monte, California 91731, El Monte, 91731 - 4 bed, 1 bath

11354 Coffield Avenue, El Monte, California 91731 home-pic-0
ACTIVE$795,850
11354 Coffield Avenue, El Monte, California 91731
4Beds
1Bath
1,564Sqft
10,053Lot
Year Built
1916
Close
-
List price
$796K
Original List price
$755K
Price/Sqft
$509
HOA
-
Days on market
-
Sold On
-
MLS number
DW24224666
Home ConditionPoor
Features
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 24% below the list price. We found 3 Cons,6 Pros. Rank: price - $795.9K(67th), sqft - 1564(83th), beds - 4(78th), baths - 1(44th).

Investor Special or First-Time Buyer Opportunity! 11354 Coffield Avenue, El Monte, CA Welcome to your next smart investment or starter home! This spacious 4-bedroom, 1-bath residence sits on a massive 10,053 sq ft corner lot in a thriving El Monte neighborhood — perfect for expanding, updating, or developing. *Down Payment Assistance Programs Available – Ask us how to get in with less money out of pocket! *Renovation Loans Available – Need repairs or upgrades? We can help finance that too! 2-Car Garage + Plenty of Parking *Huge Lot = Endless Potential *Bonus: A charming “Lucky Tree” in the yard! ?? Whether you're a savvy investor, a developer with vision, or a first-time buyer ready to customize your dream home — this is your chance to get into El Monte’s hot market. *Close to schools, shopping, and major transit routes. Don't miss out — opportunities like this don’t last long! Call today to schedule a private showing and ask how we can help make this home yours.

Condition Rating
Poor

Built in 1916, this property is explicitly marketed as an 'Investor Special' requiring 'repairs or upgrades' and 'customization.' The description and property analysis highlight its 'Outdated Condition & Renovation Needs' and the significant functional issue of having only one bathroom for four bedrooms. The single provided image (likely showing an older exterior or dated interior, typical for such listings) further supports the need for substantial rehabilitation, aligning with the 'Poor' condition criteria. The kitchen and bathroom are clearly outdated and require full renovation.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10053, living area = 1564.
Massive Corner Lot: The property boasts a substantial 10,053 sq ft corner lot, offering exceptional space for expansion, landscaping, or potential development opportunities like an Accessory Dwelling Unit (ADU).
Development & Value-Add Potential: Explicitly marketed as an 'Investor Special' or 'First-Time Buyer Opportunity,' the property's large lot and implied need for updates present significant potential for customization, renovation, and increasing future value.
Ample Parking: Includes a 2-car garage plus additional parking space on the large lot, providing practical convenience for multiple vehicles or recreational equipment.
Strategic Location: Conveniently situated close to schools, shopping centers, and major transit routes, enhancing daily accessibility and appeal to families or commuters.
Spacious Layout: With 4 bedrooms and 1564 sq ft, the residence offers a generous footprint, providing a solid foundation for a family home or a multi-room rental property once updated.

Cons

Outdated Condition & Renovation Needs: Built in 1916, the property likely requires extensive renovations and updates to meet modern living standards, as suggested by the 'Investor Special' and 'Renovation Loans Available' descriptions.
Disproportionate Bathroom Count: Having only one bathroom for a four-bedroom house is a significant functional limitation and a major deterrent for many potential buyers, necessitating an upgrade to improve livability.
Overpriced Relative to Market Value: The current list price of $795,850 is substantially higher than the estimated property value of $603,871, indicating it may be overvalued in its current condition, especially when compared to recently remodeled properties in the area.

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