4946 El Monte Avenue, Temple City, California 91780, Temple City, 91780 - 2 bed, 1 bath
ACTIVE$999,999
4946 El Monte Avenue, Temple City, California 91780
2Beds
1Bath
923Sqft
7,103Lot
Price Vs. Estimate
The estimated value ($983,002.505) is $16,996.495 (1%) lower than the list price ($999,999). This property may be overpriced.
Key pros and cons
Top Pros:
Income-Generating ADU: The property features a recently converted 3-bedroom, 1-bath ADU, currently tenant-occupied, providing immediate rental income potential or flexible multi-generational living arrangements.
Top Cons:
Age of Main Structure: Built in 1947, the primary residence is an older home, which may entail potential for unseen maintenance issues or require further system updates beyond the cosmetic improvements mentioned.
Compared to the nearby listings
Price:$1000.0K vs avg $1.20M ($-200,001)20%
Size:923 sqft vs avg 1,650 sqft4%
Price/sqft:$1.1K vs avg $71099%
More Insights
Built in 1947 (78 years old).
Condition: The property, built in 1947, has undergone significant recent upgrades as stated in the description, including a remodelled bathroom, updated kitchen appliances (stainless steel), and updated cabinets. While the kitchen cabinets and bathroom vanity feature a traditional wood style that might not be considered ultra-modern, they appear clean, well-maintained, and functional. The living areas boast well-kept hardwood floors and recessed lighting, adding to the move-in ready appeal. The recent conversion of the garage into an ADU further indicates substantial investment and recent work on the property. Overall, the home is move-in ready with no immediate renovations required, aligning with the 'Good' condition criteria.
Year Built
1947
Close
-
List price
$1,000K
Original List price
$1.1M
Price/Sqft
$1,083
HOA
-
Days on market
-
Sold On
-
MLS number
CV25006601
Home ConditionGood
Features
View-
About this home
Recent conversion of the backside garage to an ADU ( 3 bedrooms 1 bath) approximately1100 (pls see remarks) now occupied by tenant*** It has own entrance in the back alley *** Some upgrades on the home such as remodelled bathroom, kitchen appliances and updated cabinets.Easily accesible to shops, schools and shopping centers***
Condition Rating
Good
The property, built in 1947, has undergone significant recent upgrades as stated in the description, including a remodelled bathroom, updated kitchen appliances (stainless steel), and updated cabinets. While the kitchen cabinets and bathroom vanity feature a traditional wood style that might not be considered ultra-modern, they appear clean, well-maintained, and functional. The living areas boast well-kept hardwood floors and recessed lighting, adding to the move-in ready appeal. The recent conversion of the garage into an ADU further indicates substantial investment and recent work on the property. Overall, the home is move-in ready with no immediate renovations required, aligning with the 'Good' condition criteria.
Pros & Cons
Pros
Income-Generating ADU: The property features a recently converted 3-bedroom, 1-bath ADU, currently tenant-occupied, providing immediate rental income potential or flexible multi-generational living arrangements.
Recent Main House Upgrades: The primary residence has undergone upgrades including a remodeled bathroom, updated kitchen appliances, and cabinets, reducing immediate renovation needs for the buyer.
Excellent Local Accessibility: The property is conveniently located with easy access to shops, schools, and shopping centers, enhancing daily convenience and overall appeal.
Generous Lot Size: A substantial 7,103 sqft lot offers ample outdoor space for various uses, including landscaping, recreation, or potential future expansion (subject to local zoning).
Competitive Price Adjustment: The recent price reduction from $1.1M to $999,999 makes the property more competitively priced and attractive in the current market.
Cons
Age of Main Structure: Built in 1947, the primary residence is an older home, which may entail potential for unseen maintenance issues or require further system updates beyond the cosmetic improvements mentioned.
Small Main House Footprint: The main house offers a modest 923 sqft of living space (2 beds, 1 bath), which might be a limiting factor for buyers seeking a more spacious primary residence.
Unverified ADU Square Footage: The ADU's approximate 1100 sqft is noted with 'pls see remarks,' indicating potential uncertainty or lack of official verification, which could impact appraisal or financing.