2736 Central Ave, El Monte, California 91733, El Monte, 91733 - 2 bed, 1 bath
ACTIVE$700,000
2736 Central Ave, El Monte, California 91733
2Beds
1Bath
1,208Sqft
6,856Lot
Price Vs. Estimate
The estimated value ($664,090.375) is $35,909.625 (5%) lower than the list price ($700,000). This property may be overpriced.
Key pros and cons
Top Pros:
Generous Corner Lot: 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.
Top Cons:
Sold 'As-Is' Condition: 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.
Compared to the nearby listings
Price:$700.0K vs avg $808.4K ($-108,444)31%
Size:1,208 sqft vs avg 1,340.5 sqft42%
Price/sqft:$579 vs avg $54058%
More Insights
Built in 1950 (75 years old).
Condition: 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.
Year Built
1950
Close
-
List price
$700K
Original List price
$700K
Price/Sqft
$579
HOA
-
Days on market
-
Sold On
-
MLS number
DW25253931
Home ConditionPoor
Features
View-
About this home
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.
Condition Rating
Poor
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.
Pros & Cons
Pros
Generous Corner Lot: 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.
ADU & Expansion Potential: 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.
Strategic Location: 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.
Equity Building Opportunity: Described as a chance to personalize, update, or expand, this property is ideal for buyers looking to invest sweat equity and tailor a home to their vision, thereby creating significant value.
Functional Base Layout: The 1,208 sq ft floor plan is noted as functional, providing a solid foundation for renovation and enhancement without necessarily requiring major structural changes.
Cons
Sold 'As-Is' Condition: 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.
Potential Overpricing: 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.
Limited Bathroom Count: 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.