2723 Tyler Avenue, El Monte, California 91733, El Monte, 91733 - 2 bed, 1 bath
ACTIVE$1,700,000
2723 Tyler Avenue, El Monte, California 91733
2Beds
1Bath
6,319Sqft
7,914Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
High-Visibility Location: The property is situated in a strategic, high-traffic location, offering excellent exposure for commercial tenants or business owners.
Top Cons:
Age of Property: Built in 1932, the property may require ongoing maintenance and potential upgrades to meet modern standards and tenant expectations.
Compared to the nearby listings
Price:$1.70M vs avg $1.75M ($-50,000)50%
Size:6,319 sqft vs avg 6,501.5 sqft50%
Price/sqft:$269 vs avg $26950%
More Insights
Built in 1932 (93 years old).
Condition: The property was built in 1932. The image shows a building that appears to be in need of substantial repairs. Given the age and the lack of information about renovations, it's likely that the property requires significant updates to its systems and structure. The exterior alone suggests deferred maintenance.
Year Built
1932
Close
-
List price
$1.7M
Original List price
$1.7M
Price/Sqft
$269
HOA
-
Days on market
-
Sold On
-
MLS number
DW25152671
Home ConditionPoor
Features
Good View: City Lights, Mountain(s)
ViewCity Lights,Mountain(s)
About this home
Presenting a rare opportunity to own a high-visibility mixed-use commercial property in a strategic, high traffic location. This property offers both immediate rental income and long-term appreciation potential, ideal for investor, developers, or business owners. Situated in a strong foot traffic, easy access to public transportation and proximity to major highways and amenities. With a perfect blend of retail, commercial space on the ground floor with residential or office units, allowing for diverse income streams. Plenty of parking space and carports along with a huge driveway for easy in and out access.
Condition Rating
Poor
The property was built in 1932. The image shows a building that appears to be in need of substantial repairs. Given the age and the lack of information about renovations, it's likely that the property requires significant updates to its systems and structure. The exterior alone suggests deferred maintenance.
Pros & Cons
Pros
High-Visibility Location: The property is situated in a strategic, high-traffic location, offering excellent exposure for commercial tenants or business owners.
Mixed-Use Potential: The property's mixed-use designation allows for diverse income streams from retail, commercial, and residential/office units.
Investment Opportunity: The property presents both immediate rental income and long-term appreciation potential, making it attractive to investors and developers.
Accessibility: The property offers easy access to public transportation, major highways, and amenities, enhancing its appeal to tenants and customers.
Ample Parking: The property features plenty of parking space and carports, along with a huge driveway, providing convenient access for customers and tenants.
Cons
Age of Property: Built in 1932, the property may require ongoing maintenance and potential upgrades to meet modern standards and tenant expectations.
Limited Residential Units: With only 2 beds and 1 bath within 6319 sqft, the residential component might be limited compared to the commercial space, potentially affecting rental income balance.
Potential Renovation Costs: Depending on the current condition of the property, significant renovation costs may be required to maximize its potential and attract high-quality tenants.