12203 Klingerman Street, El Monte, California 91732, El Monte, 91732 - 2 bed, 2 bath

12203 Klingerman Street, El Monte, California 91732 home-pic-0
ACTIVE$1,100,000
12203 Klingerman Street, El Monte, California 91732
2Beds
2Baths
1,608Sqft
15,553Lot

Price Vs. Estimate

The estimated value ($1,057,937.38) is $42,062.62 (3%) lower than the list price ($1,100,000). This property may be overpriced.

Key pros and cons

Top Pros:
Significant Development Potential: The expansive 15,000+ sq. ft. lot, combined with desirable R2 zoning, offers substantial opportunities for expansion, additional units, or future development, appealing to investors and those seeking growth.
Top Cons:
Age of Property: Built in 1947, the home is older, which may imply potential for outdated systems (e.g., electrical, plumbing, HVAC) or require significant renovations to meet contemporary standards and energy efficiency.

Compared to the nearby listings

Price:$1.10M vs avg $824.0K (+$276,000)98%
Size:1,608 sqft vs avg 1,550 sqft55%
Price/sqft:$684 vs avg $53575%

More Insights

Built in 1947 (78 years old).
Condition: Built in 1947, this property is aged, and while described as 'beautifully maintained,' the visible interior elements are significantly dated. The bathroom features an older vanity, countertop, and tile that appear to be 20-30 years old, requiring minor to moderate updates to meet current styles. The living room has popcorn ceilings and older light fixtures, and the carpet shows wear. While one bedroom has well-maintained hardwood floors, the overall impression is that the home is functional but has not undergone extensive modern renovations. The lack of kitchen images prevents a full assessment, but it's reasonable to assume it aligns with the bathroom's condition. The property is livable but requires cosmetic updates to enhance its appeal and functionality.
Year Built
1947
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
$684
HOA
-
Days on market
-
Sold On
-
MLS number
TR25247199
Home ConditionFair
Features
Patio
ViewNeighborhood

About this home

Welcome to this beautifully maintained single-family home situated on an expansive 15,000+ sq. ft. lot in the desirable R2 zone of El Monte. This property offers the perfect blend of space, comfort, and potential. Ideal for buyers seeking room to grow or explore development possibilities. Enjoy the convenience of single-story living in a thoughtfully designed floor plan that emphasizes comfort and functionality. The home features two spacious bedrooms, each offering a relaxing retreat. The large lot provides endless opportunities! Located in the heart of El Monte, the property offers easy access to schools, parks, shopping, dining, and major freeways. Whether you’re looking for a family home, an investment property, or a space to bring your vision to life, this is an opportunity you don’t want to miss!

Condition Rating
Fair

Built in 1947, this property is aged, and while described as 'beautifully maintained,' the visible interior elements are significantly dated. The bathroom features an older vanity, countertop, and tile that appear to be 20-30 years old, requiring minor to moderate updates to meet current styles. The living room has popcorn ceilings and older light fixtures, and the carpet shows wear. While one bedroom has well-maintained hardwood floors, the overall impression is that the home is functional but has not undergone extensive modern renovations. The lack of kitchen images prevents a full assessment, but it's reasonable to assume it aligns with the bathroom's condition. The property is livable but requires cosmetic updates to enhance its appeal and functionality.
Pros & Cons

Pros

Significant Development Potential: The expansive 15,000+ sq. ft. lot, combined with desirable R2 zoning, offers substantial opportunities for expansion, additional units, or future development, appealing to investors and those seeking growth.
Convenient Single-Story Living: The thoughtfully designed single-story floor plan provides ease of access and broad appeal, catering to various buyer demographics including families and those seeking comfort and functionality.
Prime Location with Accessibility: Situated in the heart of El Monte, the property boasts excellent access to essential amenities such as schools, parks, shopping, dining, and major freeways, enhancing its desirability and marketability.
Well-Maintained Condition: Described as a 'beautifully maintained' single-family home, suggesting the property is in good condition and may require less immediate upkeep or significant repairs for a new owner.
Spacious Lot for Outdoor Living: Beyond development, the large lot size provides ample space for outdoor activities, landscaping, gardening, or potential future additions, enhancing lifestyle opportunities.

Cons

Age of Property: Built in 1947, the home is older, which may imply potential for outdated systems (e.g., electrical, plumbing, HVAC) or require significant renovations to meet contemporary standards and energy efficiency.
Limited Bedroom Count: With only two bedrooms for a 1608 sqft home on such a large lot, the property might not appeal to larger families or those requiring more living space, potentially narrowing the buyer pool.
Potential Overpricing: The listing price of $1.1 million is approximately 3% higher than the estimated property value, which could lead to buyer hesitation or necessitate price adjustments to align with market expectations.

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