10611 Bodger Street 10609, El Monte, California 91731, El Monte, 91731 - bed, bath
ACTIVE$1,288,000
10611 Bodger Street 10609, El Monte, California 91731
0Bed
0Bath
2,042Sqft
4,630Lot
Year Built
1944
Close
-
List price
$1.29M
Original List price
$1.29M
Price/Sqft
$631
HOA
-
Days on market
-
Sold On
-
MLS number
WS24229915
Home ConditionGood
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $1.29M(75th), sqft - 2042(50th), beds - undefined(50th), baths - undefined(50th).
Charming 3-unit residential property. This property is situated in the heart of El Monte. Two of the three units have been recently remodeled, offering modern updates and stylish finishes. Each unit comes with its own individual garage, providing convenience and additional storage space for tenants. Iron gates have been installed in the front and back of the property for privacy. The property is located near public transportation, supermarkets, restaurants, schools and other amenities. Easy acces to the 10 freeway makes commuting a breeze.
Condition Rating
Good
The property, built in 1944, benefits significantly from recent remodels in two of its three units. The images confirm these remodels include modern kitchens with stainless steel appliances, updated bathrooms with new vanities and tiling, and new flooring and light fixtures throughout these units. This brings a substantial portion of the property to a 'good' or even 'excellent' interior standard. While one unit remains unremodeled and the overall building's major systems (plumbing, electrical, roof, foundation) are from 1944, there's no indication of immediate major defects. The exterior also shows recent updates like iron gates. The condition aligns with 'Good' as a significant portion has been extensively renovated recently, making it largely move-in ready, even if not every component of the entire property is new or recently updated.
Pros & Cons
Pros
Income-Generating Asset: As a triplex, this property offers immediate income potential, making it an attractive investment for landlords or owner-occupants seeking rental revenue.
Recent Unit Remodels: Two of the three units have been recently remodeled, reducing immediate capital expenditure for a new owner and enhancing tenant appeal and rental value.
Individual Garages: Each unit benefits from its own individual garage, a significant amenity that adds convenience, storage, and value for tenants.
Prime Location & Accessibility: Situated in the heart of El Monte, the property boasts excellent proximity to public transportation, supermarkets, restaurants, schools, and easy access to the 10 freeway, enhancing its desirability.
Enhanced Privacy & Security: The installation of iron gates at both the front and back of the property provides an added layer of privacy and security for residents.
Cons
Property Age: Built in 1944, the property's age suggests potential for older infrastructure (e.g., plumbing, electrical systems) that may require future maintenance or upgrades beyond the recently remodeled units.
Inconsistent Unit Condition: While two units are remodeled, one unit remains in its original or un-updated condition, which could lead to varying rental income potential and necessitate future investment to standardize quality.
Limited Lot Size: The 4,630 sqft lot size for a triplex may offer limited private outdoor space for tenants, which could be a consideration for some renters seeking more expansive yard areas.