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3361 Meeker Avenue, El Monte, California 91731, El Monte, 91731 - 5 bed, 4 bath

3361 Meeker Avenue, El Monte, California 91731 home-pic-0
ACTIVE$988,000
3361 Meeker Avenue, El Monte, California 91731
5Beds
4Baths
1,468Sqft
4,888Lot

Price Vs. Estimate

The estimated value ($554,555.69) is $433,444.31 (43%) lower than the list price ($988,000). This property may be overpriced.

Key pros and cons

Top Pros:
Extensive Recent Upgrades: The property has been extensively upgraded, including a tastefully updated kitchen, renovated bathrooms, new concrete work, and fresh paint, making it move-in ready.
Top Cons:
Significant Overpricing Relative to Market Estimation: The listing price of $988,000 is substantially higher than the estimated property value of $554,555.69, indicating a potential overvaluation.

Compared to the nearby listings

Price:$988.0K vs avg $731.1K (+$256,875)94%
Size:1,468 sqft vs avg 1,042.5 sqft83%
Price/sqft:$673 vs avg $68444%

More Insights

Built in 1926 (99 years old).
Condition: Despite being built in 1926, the property has undergone extensive and recent renovations, as explicitly stated in the description and clearly visible in the images. The kitchen features modern white shaker cabinets, new black stainless steel appliances, and recessed lighting. All bathrooms have been updated with contemporary fixtures, vanities, and tiling, with one showcasing a particularly modern dark tile design. New wood-look laminate flooring is consistent throughout the living areas and bedrooms, and the property boasts fresh interior and exterior paint. Modern mini-split AC units provide efficient cooling and heating. These comprehensive updates bring the property's condition to a virtually new standard, aligning perfectly with the 'Excellent' criteria for a recently and extensively renovated home.
Year Built
1926
Close
-
List price
$988K
Original List price
$988K
Price/Sqft
$673
HOA
-
Days on market
-
Sold On
-
MLS number
AR25152663
Home ConditionExcellent
Features
Deck
Patio
View-

About this home

Meeker Ave., in El Monte is a beautifully updated 5-bedroom, 4-bathroom home that offers comfort, space, and investment potential! This spacious residence has been extensively upgraded by the current owner, including the addition of a new bedroom and two brand-new bathrooms, creating an ideal layout for a large or multi-generational living. The kitchen has been tastefully updated, and the existing bathrooms have been renovated with modern finishes throughout. Additional improvements include new concrete work—perfect for outdoor entertaining or extra parking—and a fresh coat of paint both inside and out, giving the home a clean, move-in ready appearance. The property is currently rented, offering an excellent opportunity for investors looking for steady income or future owner-occupants interested in securing a home with rental potential. An added bonus – there is potential to build an ADU creating even more value, flexibility, or rental income. Centrally located in the heart of El Monte, this home is within a short distance to City Hall, local restaurants, markets, stores, and offers quick access to major freeways—making commuting and daily errands a breeze. Don’t miss this turnkey, income-producing property in a prime location!

Condition Rating
Excellent
Despite being built in 1926, the property has undergone extensive and recent renovations, as explicitly stated in the description and clearly visible in the images. The kitchen features modern white shaker cabinets, new black stainless steel appliances, and recessed lighting. All bathrooms have been updated with contemporary fixtures, vanities, and tiling, with one showcasing a particularly modern dark tile design. New wood-look laminate flooring is consistent throughout the living areas and bedrooms, and the property boasts fresh interior and exterior paint. Modern mini-split AC units provide efficient cooling and heating. These comprehensive updates bring the property's condition to a virtually new standard, aligning perfectly with the 'Excellent' criteria for a recently and extensively renovated home.
Pros & Cons

Pros

Extensive Recent Upgrades: The property has been extensively upgraded, including a tastefully updated kitchen, renovated bathrooms, new concrete work, and fresh paint, making it move-in ready.
High Bedroom/Bathroom Count: With 5 bedrooms and 4 bathrooms, the home offers ample space, ideal for large families or multi-generational living arrangements.
Strong Investment & Income Potential: Currently rented, providing immediate steady income, and positioned as a turnkey investment property.
ADU Development Potential: The property offers the valuable opportunity to build an Accessory Dwelling Unit (ADU), enhancing future value, flexibility, and rental income.
Prime Central Location: Situated in the heart of El Monte, offering convenient access to city amenities, local businesses, and major freeways for easy commuting.

Cons

Significant Overpricing Relative to Market Estimation: The listing price of $988,000 is substantially higher than the estimated property value of $554,555.69, indicating a potential overvaluation.
Age of Original Construction: Built in 1926, the property's original structure is nearly a century old, which may imply underlying maintenance concerns or systems not fully addressed by recent cosmetic upgrades.
Compact Living Space for Bedroom Count: At 1468 sqft for 5 bedrooms and 4 bathrooms, the individual room sizes may be smaller than expected, potentially leading to a cramped feel for some buyers.

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