1949 Fruitvale, El Monte, California 91733, El Monte, 91733 - bed, bath
ACTIVE$849,999
1949 Fruitvale, El Monte, California 91733
0Bed
0Bath
1,946Sqft
5,315Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Multi-Unit Income Property: This property is a triplex, offering diversified income streams and strong rental potential, ideal for investors or owner-occupants.
Top Cons:
Property Age: Built in 1947, the property's age may imply potential for aging infrastructure (e.g., plumbing, electrical, roof) that could require future maintenance or upgrades.
Compared to the nearby listings
Price:$850.0K vs avg $895.0K ($-45,001)13%
Size:1,946 sqft vs avg 1,853 sqft50%
Price/sqft:$437 vs avg $46050%
More Insights
Built in 1947 (78 years old).
Condition: The property was built in 1947, making it over 70 years old. While described as 'well-maintained' and appearing kept-up from the exterior image, there are no interior photos or details regarding recent renovations of key areas like the kitchen and bathrooms. Given its age, it's highly probable that major components, including appliances, fixtures, and systems, are functional but outdated in style and features, aligning with a property that is aged but maintained through regular upkeep, requiring minor updates or repairs to meet modern standards.
Year Built
1947
Close
-
List price
$850K
Original List price
$850K
Price/Sqft
$437
HOA
-
Days on market
-
Sold On
-
MLS number
DW25245431
Home ConditionFair
Features
View-
About this home
Excellent Investment Opportunity in Desirable El Monte. This well-maintained 3 unit income property offers strong rental potential in one of El Monte’s most sought-after neighborhoods. Each unit features comfortable living spaces and steady income, ideal for investors or owner-occupants. Conveniently located near schools, shopping, and major freeways this property combines prime location with reliable cash flow.
Condition Rating
Fair
The property was built in 1947, making it over 70 years old. While described as 'well-maintained' and appearing kept-up from the exterior image, there are no interior photos or details regarding recent renovations of key areas like the kitchen and bathrooms. Given its age, it's highly probable that major components, including appliances, fixtures, and systems, are functional but outdated in style and features, aligning with a property that is aged but maintained through regular upkeep, requiring minor updates or repairs to meet modern standards.
Pros & Cons
Pros
Multi-Unit Income Property: This property is a triplex, offering diversified income streams and strong rental potential, ideal for investors or owner-occupants.
Prime Location: Located in a desirable El Monte neighborhood, it offers convenient access to schools, shopping, and major freeways, enhancing rental demand and property value.
Well-Maintained Condition: Described as 'well-maintained,' suggesting reduced immediate capital expenditure for a new owner and potentially lower initial maintenance concerns.
Strong Rental Potential: The property is explicitly marketed for its 'strong rental potential' and 'reliable cash flow,' making it an attractive investment.
Owner-Occupant Opportunity: The triplex configuration allows for an owner to reside in one unit while generating income from the others, offsetting mortgage costs.
Cons
Property Age: Built in 1947, the property's age may imply potential for aging infrastructure (e.g., plumbing, electrical, roof) that could require future maintenance or upgrades.
Lack of Detailed Unit Information: The description is general, lacking specifics on individual unit layouts, bedroom/bathroom counts, or recent interior upgrades, necessitating more extensive due diligence.
No Specific View: The property is noted as having 'None' for a view, which means it doesn't offer an additional amenity that could enhance tenant appeal or property value.