11518 Mcgirk Avenue, El Monte, California 91732, El Monte, 91732 - 2 bed, 1 bath

11518 Mcgirk Avenue, El Monte, California 91732 home-pic-0
ACTIVE$698,900
11518 Mcgirk Avenue, El Monte, California 91732
2Beds
1Bath
832Sqft
3,906Lot

Price Vs. Estimate

The estimated value ($501,457.825) is $197,442.175 (28%) lower than the list price ($698,900). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location & Accessibility: The property boasts a prime location in El Monte, offering excellent accessibility to shopping centers, freeways, convenience stores, schools, and parks, enhancing daily convenience.
Top Cons:
Overpriced Relative to Market & Comps: The list price of $698,900 is substantially higher than the estimated property value ($501,457) and a recently sold, more updated 3-bedroom comparable ($650,000), suggesting it may be significantly overpriced for its current condition and features.

Compared to the nearby listings

Price:$698.9K vs avg $811.5K ($-112,600)13%
Size:832 sqft vs avg 1,516.5 sqft10%
Price/sqft:$840 vs avg $53590%

More Insights

Built in 1949 (76 years old).
Condition: Built in 1949, this property is 75 years old. The listing description lacks any mention of recent renovations, and crucially, there are no interior photos, especially of the kitchen and bathroom. For a home of this age, the absence of interior images strongly suggests that these key areas are severely outdated and would require substantial repairs and rehabilitation to meet modern standards. While the exterior appears maintained and an AC unit is visible, the likely condition of the interior systems and finishes, particularly the kitchen and bathroom, points to a property needing significant investment beyond minor updates.
Year Built
1949
Close
-
List price
$699K
Original List price
$699K
Price/Sqft
$840
HOA
-
Days on market
-
Sold On
-
MLS number
DW25023182
Home ConditionPoor
Features
Patio
View-

About this home

Prime Location in the City of El Monte, this charming home offers an excellent opportunity for first-time buyers. The property features two spacious bedrooms and one full bathroom, providing a comfortable living space. The beautifully landscaped front yard adds curb appeal, while the long driveway can easily accommodate up to three vehicles. Additionally, the two-car garage offers versatility and potential for various uses. The good size backyard, complete with a lovely lemon tree, creates the perfect setting for family gatherings and weekend entertaining. Ideally situated near shopping centers, freeways, convenience stores, schools, parks, and more, this home offers both comfort and accessibility. Don't miss the chance to view this fantastic property and make it your own!

Condition Rating
Poor

Built in 1949, this property is 75 years old. The listing description lacks any mention of recent renovations, and crucially, there are no interior photos, especially of the kitchen and bathroom. For a home of this age, the absence of interior images strongly suggests that these key areas are severely outdated and would require substantial repairs and rehabilitation to meet modern standards. While the exterior appears maintained and an AC unit is visible, the likely condition of the interior systems and finishes, particularly the kitchen and bathroom, points to a property needing significant investment beyond minor updates.
Pros & Cons

Pros

Prime Location & Accessibility: The property boasts a prime location in El Monte, offering excellent accessibility to shopping centers, freeways, convenience stores, schools, and parks, enhancing daily convenience.
Curb Appeal: A beautifully landscaped front yard contributes significantly to the property's curb appeal, creating an inviting first impression.
Ample Parking & Versatile Garage: The long driveway provides ample parking for up to three vehicles, complemented by a two-car garage offering versatility for various uses beyond just parking.
Good Sized Backyard: The property features a good-sized backyard, complete with a lemon tree, ideal for family gatherings and outdoor entertaining.
First-Time Buyer Opportunity: Explicitly marketed as an excellent opportunity for first-time buyers, positioning it as an accessible entry point into homeownership in the area.

Cons

Overpriced Relative to Market & Comps: The list price of $698,900 is substantially higher than the estimated property value ($501,457) and a recently sold, more updated 3-bedroom comparable ($650,000), suggesting it may be significantly overpriced for its current condition and features.
Lack of Modern Updates & Cooling System: Built in 1949, the property description does not mention recent renovations or a cooling system (like central A/C), unlike comparable properties, indicating potential for significant modernization costs and a lack of a key comfort feature.
Limited Bedroom Count: With only two bedrooms, the property offers less flexibility and potential occupancy compared to three-bedroom comparable properties in the immediate vicinity, which might limit its appeal to certain buyer segments, particularly growing families.

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