2435 Burkett, El Monte, California 91732, El Monte, 91732 - bed, bath
2435 Burkett
El Monte, California 91732
Property Price
SUMMARY
Analysis of 2435 Burkett, El Monte, California 91732 is currently available with a list price of $1,650,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the El Monte Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1938, this triplex shows signs of regular upkeep and occasional updates rather than a comprehensive recent renovation. While one kitchen features more modern white shaker cabinets and stainless steel appliances, another unit's kitchen has dated wood cabinets and white appliances. Bathrooms are functional but not modern. Crucially, one room (Image 24) clearly shows worn flooring that requires immediate replacement, indicating that not all units are move-in ready without minor repairs or updates. The property's age and mixed condition of updates align with the 'Fair' category, suggesting major components are functional but show signs of being outdated, and some areas require minor attention.
PROSSTRENGTHS & OPPORTUNITIES
- Income-Producing Triplex
This property is a three-unit triplex, offering a clear income-generating opportunity for investors or owner-occupants seeking rental income.
- Prime Location
Situated in a desirable El Monte neighborhood, the property benefits from a 'prime' location, enhancing its appeal to tenants and potential for appreciation.
- Expansive Lot with Development Potential
The extra-large 20,836 sqft lot provides significant space for potential future development or expansion, adding long-term value.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3768, other record living area = 3718.
- Property Age
Built in 1938, this 86-year-old property, despite being 'well maintained,' may have older infrastructure (plumbing, electrical, HVAC) that could require significant capital expenditures in the near future.
- Significant Price Reduction
The property experienced a substantial price reduction from $2,000,000 to $1,650,000, which could indicate initial overpricing or market resistance, potentially raising questions about its current market value or condition.
About 2435 Burkett
Beautiful Three-Unit Investment Property in Prime El Monte Location!! Fantastic opportunity to own a well maintained, single story-triplex situated on an extra - large lot in the desirable El Monte neighborhood. This income-producing property offers great protentional for investors or owner-occupants looking to generate rental income. Each unit features comfortable layouts and is surrounded by mature fruit trees and the largest avocado tree I have ever seen. The expansive lot provides additional space for ample parking and additional space for possible future development or expansion. Don't miss out on this rare chance to acquire a multi-unit investment property!!!
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1938
- Lot Size
- 20,836 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 3,768 | 2,856 | 71% |
| Lot Size | 20,836 | 19,020 | 57% |
| Price | $1.65M | $1.30M | 86% |
| Price per sq ft | $438 | $438 | 50% |
| Built year | 1938 | 1946 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 108 | 154 | 29% |
Pricing History
Listed for Sale
Jan 2, 2026
$1,650,000
$2,000,000
-17% Price Drop
Initial Listing
Price Change
Nov 18, 2025
$2,000,000
Initial Listing