11834 Kerrwood Street, El Monte, California 91732, El Monte, 91732 - 2 bed, 1 bath

11834 Kerrwood Street, El Monte, California 91732 home-pic-0
ACTIVE$799,000$700/sqft
Est. Value: $680,935
-14%
AboveEstimate
11834 Kerrwood Street, El Monte, California 91732
2Beds
1Bath
700Sqft
6,571Lot

Price Vs. Estimate

The estimated value ($680,934.725) is $118,065.275 (14%) lower than the list price ($799,000). This property may be overpriced.

Key pros and cons

Top Pros:
Approved ADU Plans: The property comes with city-approved Accessory Dwelling Unit (ADU) plans, significantly reducing development time and cost for the buyer and offering immediate value-add potential.
Top Cons:
Small Main Dwelling: The existing main house is only 700 sqft with 2 bedrooms and 1 bathroom, which is considerably small and may limit its appeal to buyers seeking more living space.

Compared to the nearby listings

Price:$799.0K vs avg $800.0K ($-1,000)49%
Size:700 sqft vs avg 1,550 sqft5%
Price/sqft:$1.1K vs avg $53095%

More Insights

Built in 1947 (79 years old).
Condition: The property, built in 1947, is 77 years old. While some minor updates like the bathroom vanity and living room flooring appear to have been done, the kitchen features dated wood cabinets, older white appliances, and tile flooring, suggesting a renovation period of 15-30 years ago or older. The presence of window AC units indicates a lack of modern central cooling. The home is functional but shows significant signs of age and outdated styles in key areas like the kitchen and bathroom, requiring substantial cosmetic updates to meet current standards.
Year Built
1947
Close
-
List price
$799K
Original List price
$799K
Price/Sqft
$1,141
HOA
-
Days on market
-
Sold On
-
MLS number
CV25280500
Home ConditionFair
Features
Patio
View-

About this home

ADU PLANS ARE NOW APPROVED !!! ......................................................................................................................................................................................................................................................................................................................................................................................................................... Hurry, Great Opportunity to Own a Nice Property with A Huge Potential in North SIDE OF THE 10 FREEWAY IN El Monte. .............................................................................................................................................................................................................................................................................................................................................................................................................................................{{{{{{{....ADU PLANS HAVE BEEN APPROVED BY THE CITY OF EL MONTE AND HAVE NOW SCALED UP TO THE NEXT DEPARTMENT AND READT TO BE FINISHED!!!....}}}}}...}}}}}}}................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................. Main House is 2 bedroom 1 bath.......ADU will be 1 bedroom 1 bath

J
Javier Feria
Listing Agent

Price History

Date
Event
Price
03/19/02
Sold
$46,381
03/19/02
Sold
$193,500
Condition Rating
Fair

The property, built in 1947, is 77 years old. While some minor updates like the bathroom vanity and living room flooring appear to have been done, the kitchen features dated wood cabinets, older white appliances, and tile flooring, suggesting a renovation period of 15-30 years ago or older. The presence of window AC units indicates a lack of modern central cooling. The home is functional but shows significant signs of age and outdated styles in key areas like the kitchen and bathroom, requiring substantial cosmetic updates to meet current standards.
Pros & Cons

Pros

Approved ADU Plans: The property comes with city-approved Accessory Dwelling Unit (ADU) plans, significantly reducing development time and cost for the buyer and offering immediate value-add potential.
Income Generation Potential: The approved 1-bedroom, 1-bath ADU provides a clear opportunity for rental income or multi-generational living, enhancing the property's financial viability and flexibility.
Generous Lot Size: With a 6,571 sqft lot, there is ample space to accommodate both the main house and the approved ADU, along with potential for outdoor amenities.
Strategic Location: Located on the 'North side of the 10 Freeway' in El Monte, which often implies convenient access to transportation routes and potentially desirable local amenities.
Investment Opportunity: The combination of approved ADU plans and a decent lot size positions this property as a strong investment for those looking to add value, generate passive income, or accommodate extended family.

Cons

Small Main Dwelling: The existing main house is only 700 sqft with 2 bedrooms and 1 bathroom, which is considerably small and may limit its appeal to buyers seeking more living space.
Property Age: Built in 1947, the property is 77 years old, suggesting that major systems, finishes, and overall infrastructure may require significant updates or renovations beyond the ADU project.
Lack of Views: The property explicitly states 'view: None,' which could be a drawback for buyers who prioritize scenic surroundings or a particular aesthetic.
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