4555 Cypress Avenue, El Monte, California 91731, El Monte, 91731 - 3 bed, 2 bath
ACTIVE$735,000
4555 Cypress Avenue, El Monte, California 91731
3Beds
2Baths
1,212Sqft
5,358Lot
Year Built
1962
Close
-
List price
$735K
Original List price
$780K
Price/Sqft
$606
HOA
-
Days on market
-
Sold On
-
MLS number
CV25037081
Home ConditionFair
Features
Patio
View-
About this home
Possibly Over-Priced:The estimated price is 27% below the list price. We found 3 Cons,5 Pros. Rank: price - $735.0K(50th), sqft - 1212(72th), beds - 3(50th), baths - 2(50th).
Excellent opportunity for home ownership in a growing LA suburb. This property features a functional floor plan with 3 bedrooms and 2 bathrooms. The cozy living room has a fire place and backyard access. The primary bedroom has an en suite bathroom. The property has a gated front yard and driveway, 2 car garage with laundry on site. Info deemed reliable, buyer to verify.
Condition Rating
Fair
Built in 1962, this property shows its age with largely original or very dated components. The kitchen features older wood cabinets, dated laminate/tile countertops, older white appliances, and fluorescent lighting. Both bathrooms have dated vanities, fixtures, and tile. Flooring consists of older carpets and tile, and light fixtures throughout are outdated. While the home appears maintained and functional, it lacks modern updates and likely requires significant cosmetic and functional renovations, including a potential upgrade to the cooling system (not mentioned in the description), to meet current standards.
Pros & Cons
Pros
Location Potential: Positioned in a 'growing LA suburb,' the property offers excellent opportunity for home ownership with potential for appreciation.
Functional Layout: The property features a practical 3-bedroom, 2-bathroom floor plan suitable for various living arrangements.
Primary En Suite: The primary bedroom includes a private en suite bathroom, a desirable feature for comfort and privacy.
Security and Convenience: A gated front yard and driveway enhance security and curb appeal, while the 2-car garage with on-site laundry adds practical convenience.
Cozy Amenities: The living room includes a fireplace, providing a cozy atmosphere, and offers direct access to the backyard for indoor-outdoor living.
Cons
Significant Overpricing: The listing price of $735,000 is substantially higher than the estimated property value of $530,010.57, indicating a potential valuation discrepancy of -27% that may deter buyers.
Age and Potential for Updates: Built in 1962, the property is over 60 years old, and the description does not highlight any recent major renovations, suggesting potential for outdated systems or aesthetics requiring buyer investment.
Lack of Central Air Conditioning: The property description does not mention a cooling system, which could be a significant drawback and a costly upgrade for buyers in the Southern California climate.