11670 Ferris Road, El Monte, California 91732, El Monte, 91732 - bed, bath

11670 Ferris Road, El Monte, California 91732 home-pic-0
ACTIVE$1,750,000
11670 Ferris Road, El Monte, California 91732
0Bed
0Bath
4,290Sqft
14,078Lot
Year Built
1954
Close
-
List price
$1.75M
Original List price
$1.84M
Price/Sqft
$408
HOA
-
Days on market
-
Sold On
-
MLS number
PW23123421
Home ConditionPoor
Features
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $1.75M(97th), sqft - 4290(97th), beds - undefined(3th), baths - undefined(3th).

This Great Quadplex has 4 separated (unit) homes in a nearly 15,000 Square feet lot. With Total 12 bedrooms and 6 bathrooms. Newly remodel. All the units are New Paint Through out, New Windows Located in area in city of El Monte Super easy to access to Freeways 10 , Shopping centers, Restaurant Super Convenience!! Must See to Believe!

Condition Rating
Poor

Despite the listing claiming 'newly remodel' with 'New Paint Through out, New Windows,' the property's overall condition, particularly the kitchen, is poor. The kitchen (Image 6) is severely lacking, featuring an old stove, no visible cabinets or countertops, and damaged floor tiles, indicating a substantial need for rehabilitation. While some areas show new laminate flooring and fresh paint, the 1954 build year, coupled with basic wall-mounted heating/cooling units and the extremely deficient kitchen, suggests that the 'remodel' was superficial and did not address major functional components to a satisfactory standard. The bathroom appears functional but basic. The property requires substantial repairs and rehabilitation to meet modern living standards.
Pros & Cons

Pros

Significant Income Potential: This quadplex features 4 separate units with a total of 12 bedrooms and 6 bathrooms, offering substantial rental income opportunities for investors.
Extensive Recent Renovations: The property has been 'newly remodeled' with 'New Paint Through out' and 'New Windows' in all units, reducing immediate capital expenditure for a new owner.
Large & Versatile Lot: Situated on a nearly 15,000 square foot lot (14,078 sqft), providing ample space for parking, outdoor amenities, or potential future development (subject to zoning).
Prime Commuter & Amenity Access: Located in El Monte with 'Super easy to access to Freeways 10, Shopping centers, Restaurant,' enhancing tenant desirability and convenience.
Recent Price Adjustment: The list price has been reduced from $1.845M to $1.75M, indicating a more competitive offering and potential value for buyers.

Cons

Age of Construction: Built in 1954, the property is 70 years old, which may imply potential for older underlying infrastructure (e.g., plumbing, electrical, roof) not fully addressed by cosmetic remodels.
Extended Market Time: On the market since July 2023 with a price reduction, suggesting challenges in attracting a buyer at the initial price point, possibly due to market conditions or perceived value.
Conflicting Property Type Description: The listing identifies the property as a 'Single Family Residence' while describing it as a 'Quadplex,' which could lead to confusion regarding zoning, financing, and legal classification.

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