2736 Central Ave, El Monte, California 91733, El Monte, 91733 - 2 bed, 1 bath
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El Monte, California 91733
This Value-Add Residential Asset is listed at $700,000, currently positioned above its $658,490 Fair Market Value. While the list price exceeds the current valuation, the property’s Condition Rating of 5 and "as-is" marketing indicate a significant opportunity for forced appreciation through modernization. The 6,856 sq ft corner lot provides a substantial footprint for ADU development or a primary residence expansion. Located in the El Monte Union High district near major transit, this is a strategic project for Fix-and-Flip Investors or Contractors looking to build equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2736 Central Ave Subject | $700,000* List Price | 2 | 1 | 1,208 | $545 | - |
A 10236 Towneway Sold | $668,000 | 3 | 2 | 1,020 | $655 | 0.5 mi |
B 10141 Brockway Street Sold | $755,000 | 3 | 2 | 1,218 | $620 | 0.6 mi |
C 2627 Doreen Sold | $750,000 | 3 | 2 | 1,688 | $444 | 0.2 mi |
D 10748 Elliott Sold | $820,000 | 3 | 1 | 1,142 | $718 | 0.5 mi |
E 2665 Millet Pending | $758,800 List Price | 3 | 2 | 1,104 | $687 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1950, this property is explicitly marketed 'as-is' and as an 'opportunity to personalize, update, or expand,' indicating significant work is needed. The kitchen, as seen in the images, is extremely dated with old-style light wood cabinets, worn laminate countertops, an older white gas range, and what appears to be original or very old vinyl flooring. This suggests no major renovations in decades. While no bathroom images are provided, given the age of the home and the kitchen's condition, it's highly probable the bathroom is in a similar state, requiring substantial repairs and rehabilitation to meet current standards.
The property boasts a substantial 6,856 sq ft corner lot, offering enhanced privacy, ample outdoor space, and significant potential for future development or landscaping.
Explicitly highlighted, the large lot and functional layout present a significant opportunity for future additions or an Accessory Dwelling Unit (ADU), which can increase property value and utility.
Situated in the heart of El Monte, the home provides convenient access to schools, local shops, public transit, and major commuter routes, enhancing daily convenience and long-term value.
The property is being sold in its present condition, indicating that buyers should anticipate additional investment for necessary repairs, upgrades, or modernization to meet current standards.
The current list price of $700,000 is notably higher than the property's estimated value of $657,652.535, suggesting it may be overpriced relative to its current condition and market value.
With only one bathroom for a two-bedroom home, this could be a significant drawback for families or those seeking modern living standards, potentially impacting convenience and resale appeal.
Located in the heart of El Monte, this 2-bedroom, 1-bath home offers a great opportunity to personalize, update, or expand. Sitting on a generous 6,856 sq ft corner lot, the property features a 1,208 sq ft floor plan with a functional layout and room to enhance. Presenting the possibility for future additions or an ADU. Conveniently positioned near schools, local shops, public transit, and major commuter routes, this home provides both accessibility and long-term value. Sold in its present condition. A great opportunity for those looking to create equity and tailor a home to their vision.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 14% |
| Baths | 1.0 | 2.0 | 21% |
| Square foot | 1,208 | 1,413 | 35% |
| Lot Size | 6,856 | 5,607 | 74% |
| Price | $700.0K | $783.0K | 28% |
| Price per sq ft | $579 | $527 | 70% |
| Built year | 1950 | 1955 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 168 | 169 | 49% |
Nov 5, 2025
$700,000
Initial Listing