4249 Maxson Road, El Monte, California 91732, El Monte, 91732 - 5 bed, 3 bath

4249 Maxson Road, El Monte, California 91732 home-pic-0
ACTIVE$1,349,000
4249 Maxson Road, El Monte, California 91732
5Beds
3Baths
2,332Sqft
28,944Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Expansive Lot Size: The property boasts a sprawling 28,944 square feet lot, offering significant outdoor space and substantial potential for future development or expansion.
Top Cons:
Advanced Age of Structures: Built in 1933, the properties are nearly a century old, suggesting a high likelihood of requiring substantial updates, repairs, and potentially costly system replacements to meet modern standards.

Compared to the nearby listings

Price:$1.35M vs avg $1.16M (+$184,500)70%
Size:2,332 sqft vs avg 2,416 sqft50%
Price/sqft:$578 vs avg $52170%

More Insights

Built in 1933 (92 years old).
Condition: Built in 1933, this property is nearly a century old and shows no evidence of major renovations in recent decades. The kitchen features extremely dated cabinets, laminate countertops, and very old appliances. Bathrooms are similarly outdated with old vanities, fixtures, and tiles. While some laminate flooring appears newer in a hallway, other areas have old wood, linoleum, or carpet. The overall condition, including the visible cooling system (mini-split), indicates that major systems and finishes are well past their expected lifespan and require substantial rehabilitation and modernization to be comfortable and functional by current standards.
Year Built
1933
Close
-
List price
$1.35M
Original List price
$1.35M
Price/Sqft
$578
HOA
-
Days on market
-
Sold On
-
MLS number
PW25003001
Home ConditionPoor
Features
View-

About this home

Located at 4249-4251 Maxson Road, El Monte, California, these two homes sit on a sprawling 28,936 square feet lot. These properties feature a welcoming exterior with a large front yard, perfect for outdoor activities or gardening. The expansive yard offers ample space for potential additions or new constructions. This unique investment opportunity provides significant upside potential for customization and expansion. Prospective buyers are encouraged to consult with the City of El Monte for specific building regulations and guidelines. Don't miss out on this rare chance to create your dream home or investment property!

Condition Rating
Poor

Built in 1933, this property is nearly a century old and shows no evidence of major renovations in recent decades. The kitchen features extremely dated cabinets, laminate countertops, and very old appliances. Bathrooms are similarly outdated with old vanities, fixtures, and tiles. While some laminate flooring appears newer in a hallway, other areas have old wood, linoleum, or carpet. The overall condition, including the visible cooling system (mini-split), indicates that major systems and finishes are well past their expected lifespan and require substantial rehabilitation and modernization to be comfortable and functional by current standards.
Pros & Cons

Pros

Expansive Lot Size: The property boasts a sprawling 28,944 square feet lot, offering significant outdoor space and substantial potential for future development or expansion.
Income-Generating Duplex: Comprising two homes on a single lot, this property is classified as 'Residential Income' and a 'Duplex,' making it an excellent opportunity for rental income or multi-generational living.
Significant Development Potential: The description explicitly highlights 'ample space for potential additions or new constructions' and 'significant upside potential for customization and expansion,' appealing to investors and developers.
Versatile Investment Opportunity: This unique offering provides flexibility for various buyer profiles, from those seeking a steady rental income to individuals looking to create a custom home or redevelop the site.
Large Front Yard: The welcoming exterior features a large front yard, ideal for outdoor activities, gardening, or enhancing curb appeal.

Cons

Advanced Age of Structures: Built in 1933, the properties are nearly a century old, suggesting a high likelihood of requiring substantial updates, repairs, and potentially costly system replacements to meet modern standards.
Regulatory Due Diligence Required: Prospective buyers are advised to 'consult with the City of El Monte for specific building regulations and guidelines,' indicating potential complexities or restrictions for any planned development or expansion.
Potential for Extensive Renovation: Given the age and the focus on 'upside potential for customization,' buyers should anticipate significant renovation costs to modernize the homes and address any deferred maintenance.

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