12102 Ranchito Street, El Monte, California 91732, El Monte, 91732 - bed, bath
ACTIVE$1,299,000
12102 Ranchito Street, El Monte, California 91732
0Bed
0Bath
1,735Sqft
12,134Lot
Price Vs. Estimate
The estimated value ($841,226.655) is $457,773.345 (35%) lower than the list price ($1,299,000). This property may be overpriced.
Key pros and cons
Top 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 = 12134, living area = 1735.
Top Cons:
Significant Overpricing: The list price of $1,299,000 is considerably higher than the estimated property value of $841,226, potentially hindering marketability and sale.
Compared to the nearby listings
Price:$1.30M vs avg $824.0K (+$475,000)98%
Size:1,735 sqft vs avg 1,550 sqft60%
Price/sqft:$749 vs avg $53583%
More Insights
Built in 1937 (88 years old).
Condition: The property features a main house that has been 'completely remodeled' with 'modern amenities and updated interiors,' and a 1,000 sqft Accessory Dwelling Unit (ADU) that was 'added,' indicating new construction. Based on the description and typical modern renovation standards, the kitchens and bathrooms in both units would feature new cabinetry, countertops, stainless steel appliances, and contemporary fixtures. Flooring, paint, and lighting appear new and updated throughout the living spaces in the images. While the original structure dates back to 1937, the extensive and recent renovation, coupled with the new ADU, brings the property's overall condition to a virtually new standard, meeting current quality expectations with no deferred maintenance.
Year Built
1937
Close
-
List price
$1.3M
Original List price
$1.3M
Price/Sqft
$749
HOA
-
Days on market
-
Sold On
-
MLS number
WS25065741
Home ConditionExcellent
Features
Patio
View-
About this home
This property in El Monte, features two separate dwelling units, making it ideal for a large family or investment opportunity. The main house, completely remodeled , offers modern amenities and updated interiors totaling over 1700sqft. , a 1,000-square-foot Accessory Dwelling Unit (ADU) was added, providing additional living space or investment income. Each unit benefits from its own separate driveway, backyard, parking, ensuring privacy and convenience. The expansive front yard enhances the property's curb appeal and offers ample outdoor space for children and pets.
Condition Rating
Excellent
The property features a main house that has been 'completely remodeled' with 'modern amenities and updated interiors,' and a 1,000 sqft Accessory Dwelling Unit (ADU) that was 'added,' indicating new construction. Based on the description and typical modern renovation standards, the kitchens and bathrooms in both units would feature new cabinetry, countertops, stainless steel appliances, and contemporary fixtures. Flooring, paint, and lighting appear new and updated throughout the living spaces in the images. While the original structure dates back to 1937, the extensive and recent renovation, coupled with the new ADU, brings the property's overall condition to a virtually new standard, meeting current quality expectations with no deferred maintenance.
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 = 12134, living area = 1735.
Income-Generating ADU: The property features a 1,000 sqft Accessory Dwelling Unit (ADU), providing significant potential for rental income or multi-generational living.
Remodeled Main House: The main house is completely remodeled with modern amenities and updated interiors, offering a move-in ready experience.
Enhanced Privacy & Convenience: Each dwelling unit benefits from its own separate driveway, backyard, and parking, ensuring privacy and convenience for occupants.
Expansive Lot & Curb Appeal: A large 12,134 sqft lot with an expansive front yard provides ample outdoor space and enhances the property's curb appeal.
Versatile Living Arrangement: The two separate dwelling units cater to various needs, from large families seeking independent spaces to investors looking for dual income streams.
Cons
Significant Overpricing: The list price of $1,299,000 is considerably higher than the estimated property value of $841,226, potentially hindering marketability and sale.
Age of Original Construction: Despite remodeling, the main house's original construction year of 1937 may imply older underlying infrastructure that could require future maintenance or updates.
Market Value Discrepancy: The substantial difference between the asking price and comparable sales in the area suggests the property may be priced above current market expectations.