3114 Peck Road, El Monte, California 91731, El Monte, 91731 - 2 bed, 1 bath
ACTIVE$660,000
3114 Peck Road, El Monte, California 91731
2Beds
1Bath
560Sqft
3,453Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Mixed-Use Zoning (C3): The property's C3 zoning offers significant flexibility, allowing for both residential and commercial use, which broadens its appeal to investors, small business owners, or those seeking a live/work setup.
Top Cons:
Extremely Small Living Space: At only 560 sqft, the property offers very limited living area, which may restrict its appeal to a niche market, single occupants, or small households, potentially limiting resale value.
Compared to the nearby listings
Price:$660.0K vs avg $726.1K ($-66,125)22%
Size:560 sqft vs avg 1,031.5 sqft6%
Price/sqft:$1.2K vs avg $69394%
More Insights
Built in 1945 (80 years old).
Condition: Despite being built in 1945, the property has undergone a very recent and extensive renovation, as explicitly stated in the description ('new kitchen, bathroom, laminated flooring, window & fresh painting inside'). The images confirm a high-quality, modern interior with a sleek kitchen featuring new cabinetry and countertops, and a fully updated bathroom with a walk-in glass shower and contemporary finishes. All visible interior components appear new or virtually new, meeting current quality standards.
Year Built
1945
Close
-
List price
$660K
Original List price
$670K
Price/Sqft
$1,179
HOA
-
Days on market
-
Sold On
-
MLS number
SR25189539
Home ConditionExcellent
Features
View-
About this home
Mixed use property is zoned C3, new kitchen, bathroom, laminated flooring, window & fresh painting inside. It consists 2 bedrooms and 1 bathroom.
Condition Rating
Excellent
Despite being built in 1945, the property has undergone a very recent and extensive renovation, as explicitly stated in the description ('new kitchen, bathroom, laminated flooring, window & fresh painting inside'). The images confirm a high-quality, modern interior with a sleek kitchen featuring new cabinetry and countertops, and a fully updated bathroom with a walk-in glass shower and contemporary finishes. All visible interior components appear new or virtually new, meeting current quality standards.
Pros & Cons
Pros
Mixed-Use Zoning (C3): The property's C3 zoning offers significant flexibility, allowing for both residential and commercial use, which broadens its appeal to investors, small business owners, or those seeking a live/work setup.
Recent Interior Renovations: The property boasts a new kitchen, bathroom, laminated flooring, windows, and fresh interior paint, providing a modern, move-in ready condition and reducing immediate renovation costs for a buyer.
Price Adjustment: A recent price reduction from $670,000 to $660,000 indicates potential seller motivation and could present a more attractive value proposition for prospective buyers.
Development Potential: With a 3,453 sqft lot and a relatively small 560 sqft structure, there is potential for future expansion, additional development, or maximizing the mixed-use zoning, subject to local regulations.
Strategic Location: Located in El Monte, a well-established city within Los Angeles County, the property benefits from access to urban amenities, transportation routes, and a diverse local economy.
Cons
Extremely Small Living Space: At only 560 sqft, the property offers very limited living area, which may restrict its appeal to a niche market, single occupants, or small households, potentially limiting resale value.
Age of Structure: Built in 1945, the underlying structure is quite old. Despite recent cosmetic renovations, there could be unseen issues with major systems (e.g., plumbing, electrical, foundation) that may require future investment.
High Price Per Square Foot: The list price of $660,000 for 560 sqft translates to a high price per square foot, which might be a significant barrier for some buyers, even considering the mixed-use zoning and recent updates.