5319 Durfee Avenue, El Monte, California 91732, El Monte, 91732 - 2 bed, 1 bath

5319 Durfee Avenue, El Monte, California 91732 home-pic-0
ACTIVE$824,000
5319 Durfee Avenue, El Monte, California 91732
2Beds
1Bath
1,097Sqft
14,398Lot

Price Vs. Estimate

The estimated value ($783,909.73) is $40,090.27 (4%) lower than the list price ($824,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14398, living area = 1097.
Top Cons:
Fixer-Upper Condition: The property is explicitly described as a 'fixer,' implying substantial renovation, repair, and modernization costs will be necessary.

Compared to the nearby listings

Price:$824.0K vs avg $823.5K (+$500)50%
Size:1,097 sqft vs avg 1,516.5 sqft15%
Price/sqft:$751 vs avg $53583%

More Insights

Built in 1950 (75 years old).
Condition: Built in 1950, this property is explicitly described as a 'fixer' that may not qualify for traditional financing, indicating substantial repairs are needed. The images confirm this, showing a severely outdated and neglected interior. The kitchen is in very poor condition with old, damaged cabinets, no visible modern appliances, and worn flooring, requiring a complete renovation. Other interior spaces feature dirty walls, old carpets, and outdated fixtures. The exterior shows peeling paint, an unkempt yard, and general disrepair, suggesting significant deferred maintenance across all major systems.
Year Built
1950
Close
-
List price
$824K
Original List price
$875K
Price/Sqft
$751
HOA
-
Days on market
-
Sold On
-
MLS number
CV25126001
Home ConditionPoor
Features
Patio
ViewNeighborhood

About this home

First time on the market in nearly 40 years! This property features a lot of potential with its large 1/3 of an acre lot located on a wide but low traffic street. The house is set back on the lot with plenty of room for another house in front or behind the existing home. Because this home is a fixer, it might not qualify for financing and might require all cash. This property is located in R1-B zoning which generally allows for two units but does not allow for horses.

Condition Rating
Poor

Built in 1950, this property is explicitly described as a 'fixer' that may not qualify for traditional financing, indicating substantial repairs are needed. The images confirm this, showing a severely outdated and neglected interior. The kitchen is in very poor condition with old, damaged cabinets, no visible modern appliances, and worn flooring, requiring a complete renovation. Other interior spaces feature dirty walls, old carpets, and outdated fixtures. The exterior shows peeling paint, an unkempt yard, and general disrepair, suggesting significant deferred maintenance across all major systems.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14398, living area = 1097.
Significant Lot Size: The property boasts a large 1/3 of an acre lot (14,398 sqft), offering ample space for expansion, landscaping, or additional structures.
Development Potential: Located in R1-B zoning, which generally allows for two units, and with enough room for another house, this property presents strong potential for investors or multi-generational living.
Low Traffic Location: Situated on a wide but low traffic street, enhancing the property's appeal by providing a quieter and more desirable residential environment.
Privacy and Setback: The house is set back on the lot, offering increased privacy and a more spacious front yard area.
Rare Market Opportunity: Being on the market for the first time in nearly 40 years indicates a unique opportunity to acquire a long-held property with significant potential.

Cons

Fixer-Upper Condition: The property is explicitly described as a 'fixer,' implying substantial renovation, repair, and modernization costs will be necessary.
Financing Challenges: Due to its condition, the property 'might not qualify for financing and might require all cash,' significantly limiting the pool of potential buyers.
Age and Potential Deferred Maintenance: Built in 1950, the property is over 70 years old, suggesting outdated systems and a high likelihood of significant deferred maintenance given its 'fixer' status.

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