3837 Lincoln Avenue, El Monte, California 91731, El Monte, 91731 - bed, bath

3837 Lincoln Avenue, El Monte, California 91731 home-pic-0
ACTIVE$1,400,000
3837 Lincoln Avenue, El Monte, California 91731
0Bed
0Bath
2,621Sqft
7,774Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Income-Generating Potential: A rare 4-plex configuration (SFH, ADU, JADU, Studio) provides significant rental income opportunities, ideal for owner-occupancy with supplementary income or a pure investment play.
Top Cons:
Discrepancy in Unit Count: The property is described as a '4-plex' but categorized as a 'Triplex' in the listing data, which creates confusion and requires verification for accurate valuation and legal status.

Compared to the nearby listings

Price:$1.40M vs avg $1.03M (+$366,000)75%
Size:2,621 sqft vs avg 2,001.5 sqft75%
Price/sqft:$534 vs avg $51675%

More Insights

Built in 1947 (78 years old).
Condition: Despite the original 1947 build year, the property has undergone extensive and recent modernization. The main single-family home features new paint, flooring, bathrooms, kitchen, appliances, AC units, upgraded 200-amp electrical, and new copper plumbing. Additionally, the ADU and JADU are described as 'brand new with city permits,' and the studio has a 'new bathroom.' This comprehensive renovation and new construction bring the livable units to a virtually new condition, meeting current quality standards, which aligns with the 'Excellent' criteria for a recently and extensively renovated property.
Year Built
1947
Close
-
List price
$1.4M
Original List price
$1.4M
Price/Sqft
$534
HOA
-
Days on market
-
Sold On
-
MLS number
WS25106676
Home ConditionExcellent
Features
View-

About this home

Location, location, location, Rare found 4-plex which contains of 1 SFH, 2 brand new ADU and JADU and a guest house in northern El Monte. The front single-family house features with 2 bedrooms and 2 baths at the front with 1260 sq ft and can be converted to another bedroom from the living room to make it 3 bedrooms and 2 baths, 2 bedrooms and 1 baths ADU with 575 sq ft, 1 bedroom and 1 bath JADU with 380 sq ft and 1 studio with 200 sq ft. The single-family house with new paint, flooring, bathrooms, kitchen, appliances, AC units and electricity has been upgraded to 200 amp and new copper pipelines all over the house. The studio with the new bathroom and is a separate unit. The ADU and JADU are both brand new with city permits. There is a separate laundry room for all units to use. There are 4 parking spots inside the complex. All units have separated house numbers, electrical and gas meters. You also can live in one and rent out the other units to generate great amount of rental income. Don't miss the opportunity to check out this wonderful property.

Condition Rating
Excellent

Despite the original 1947 build year, the property has undergone extensive and recent modernization. The main single-family home features new paint, flooring, bathrooms, kitchen, appliances, AC units, upgraded 200-amp electrical, and new copper plumbing. Additionally, the ADU and JADU are described as 'brand new with city permits,' and the studio has a 'new bathroom.' This comprehensive renovation and new construction bring the livable units to a virtually new condition, meeting current quality standards, which aligns with the 'Excellent' criteria for a recently and extensively renovated property.
Pros & Cons

Pros

Exceptional Income-Generating Potential: A rare 4-plex configuration (SFH, ADU, JADU, Studio) provides significant rental income opportunities, ideal for owner-occupancy with supplementary income or a pure investment play.
Extensive Modern Renovations & Upgrades: The primary SFH has undergone comprehensive modernization, including new paint, flooring, bathrooms, kitchen, appliances, AC, upgraded 200-amp electrical, and new copper plumbing, significantly reducing immediate capital expenditures for a buyer.
Permitted & Brand-New Auxiliary Units: The ADU and JADU are newly constructed with proper city permits, ensuring compliance, modern design, and strong appeal to prospective tenants.
Independent Utility Metering: All units benefit from separate house numbers, electrical, and gas meters, streamlining tenant billing, management, and promoting individual accountability for utility consumption.
Diverse Unit Mix & Flexibility: The property offers a variety of unit sizes and layouts (2B/2B SFH, 2B/1B ADU, 1B/1B JADU, Studio), catering to a broad tenant demographic and providing flexibility, including the potential to convert the SFH to a 3-bedroom.

Cons

Discrepancy in Unit Count: The property is described as a '4-plex' but categorized as a 'Triplex' in the listing data, which creates confusion and requires verification for accurate valuation and legal status.
Age of Original Construction: While the SFH is renovated, the original building dates to 1947, suggesting potential for older infrastructure issues (e.g., foundation, roof beyond SFH, sewer lines) that may not have been fully addressed by recent upgrades.
Limited On-Site Parking: With only four designated parking spots for four units, parking availability could be a significant challenge for tenants, especially in a multi-vehicle household, potentially impacting tenant satisfaction and marketability.

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