3109 Gage, El Monte, California 91731, El Monte, 91731 - 3 bed, 2 bath
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El Monte, California 91731
This Spacious Traditional Home is a Strong Value Opportunity, listed at $799,999—positioned well below the $849,999 Fair Market Value by 5%. This valuation gap provides $50,000 in Instant Equity for buyers. While the property holds a Condition Rating of 4 and requires modernization, the 1,444 sqft functional layout and 6,042 sqft expansive lot offer significant potential for an ADU or future expansion. Located in the El Monte Union High District, it balances long-term appreciation with immediate utility. This is an ideal acquisition for Owner-Occupants or first-time buyers looking to build wealth through customization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3109 Gage Subject | $799,999* List Price | 3 | 2 | 1,444 | $538 | - |
A 3051 Nevada Avenue Sold | $855,000 | 4 | 2 | 1,596 | $536 | 0.2 mi |
B 10631 Mildred Street Sold | $727,250 | 2 | 2 | 1,152 | $631 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1939, the property is described as having 'classic character' and being an 'opportunity for customization,' which typically indicates that the kitchen, bathrooms, and major systems are outdated and have not undergone a full renovation in the last 15-30 years. While the exterior appears maintained and the layout is functional, the home requires modernization to meet current quality standards.
The 6,042 sqft lot provides ample space for outdoor entertaining and gardening, with significant potential for future expansion or an ADU, adding long-term value.
Built in 1939, the home retains its original charm and offers a well-proportioned 1,444 sqft floor plan that serves as an excellent canvas for customization.
Located in a quiet neighborhood with easy access to major freeways, schools, and shopping, this property is ideally positioned for accessibility and convenience.
As a 1939 build, the property likely requires investment in modernizing its systems and interior finishes to meet current buyer expectations.
A rapid price reduction shortly after listing suggests the initial valuation may have been high, potentially indicating a need for a more aggressive market strategy.
Charming single-family home located on a spacious lot in a quiet El Monte neighborhood. This 3-bedroom, 2-bath residence offers approximately 1,444 square feet of living space with a functional and comfortable floor plan. The expansive lot provides ample space for outdoor entertaining, gardening, or potential future expansion (buyer to verify). Built in 1939, the home features classic character and presents an excellent opportunity for customization or updates. Conveniently located near schools, shopping, dining, and with easy access to major freeways.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,444 | 1,152 | 76% |
| Lot Size | 6,042 | 6,478 | 41% |
| Price | $800.0K | $779.0K | 71% |
| Price per sq ft | $554 | $659 | 29% |
| Built year | 1939 | 1950 | 18% |
| HOA | $0 | $0 | 50% |
| Days on market | 58 | 99 | 18% |
Feb 25, 2026
$799,999
Initial Listing
Feb 23, 2026
$849,999
Initial Listing