10146 Alpaca Street, South El Monte, California 91733, South El Monte, 91733 - 3 bed, 2 bath

10146 Alpaca Street, South El Monte, California 91733 home-pic-0
ACTIVE$699,999
10146 Alpaca Street, South El Monte, California 91733
3Beds
2Baths
1,568Sqft
5,265Lot
Year Built
1954
Close
-
List price
$700K
Original List price
$700K
Price/Sqft
$446
HOA
-
Days on market
-
Sold On
-
MLS number
DW24230655
Home ConditionGood
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 32% below the list price. We found 3 Cons,5 Pros. Rank: price - $700.0K(26th), sqft - 1568(60th), beds - 3(50th), baths - 2(50th).

A little TLC and some elbow grease will make this property in South El Monte great for the right buyer. Nestled between the 10 and 60 freeways. 3 bedrooms, 2 baths. Kitchen was remodeled recently. Bring your buyers. Property has solar panels, buyer to take over monthly payment of solar panels lease.

Condition Rating
Good

The property, built in 1954, features a recently remodeled kitchen with modern white shaker cabinets, stainless steel appliances, and granite countertops. Both bathrooms have also been updated with contemporary vanities, tiling, and fixtures. Hardwood floors are present throughout the living areas and bedrooms. While the listing description mentions 'a little TLC and some elbow grease' and 'requires significant renovation,' the visual evidence of the kitchen and bathrooms, along with the well-maintained hardwood floors, indicates that the most critical areas are move-in ready and have undergone recent, substantial updates. Other areas may require minor cosmetic updates, but major systems appear functional, and the property includes solar panels.
Pros & Cons

Pros

Recently Remodeled Kitchen: The kitchen has been recently remodeled, offering a modern and updated space that is appealing to potential buyers.
Solar Panels: The property is equipped with solar panels, providing potential energy efficiency and reduced utility costs for the homeowner.
Strategic Freeway Access: Nestled between the 10 and 60 freeways, the property offers excellent connectivity and convenient access for commuters.
Desirable Bedroom/Bathroom Count: With 3 bedrooms and 2 bathrooms, the property offers a practical and sought-after configuration for families or individuals.
Value-Add Opportunity: The need for 'TLC and some elbow grease' presents an opportunity for a buyer to customize the home to their taste and potentially build equity.

Cons

Requires Significant Renovation: The property explicitly states it needs 'TLC and some elbow grease,' indicating that substantial repairs, updates, or cosmetic work will be required, adding to the buyer's initial investment.
Overpriced Relative to Market Value: The list price of $699,999 is significantly higher than the estimated property value of $470,016, suggesting it may be overpriced and could face appraisal challenges or extended market time.
Solar Panel Lease Obligation: The buyer is required to assume the monthly payment for the solar panel lease, which represents an ongoing financial commitment rather than a fully owned asset.

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