11834 Kerrwood Street, El Monte, California 91732, El Monte, 91732 - 2 bed, 2 bath
ACTIVE$775,000
11834 Kerrwood Street, El Monte, California 91732
2Beds
2Baths
1,419Sqft
6,571Lot
Year Built
1947
Close
-
List price
$775K
Original List price
$775K
Price/Sqft
$546
HOA
-
Days on market
-
Sold On
-
MLS number
CV25053107
Home ConditionPoor
Features
Patio
View-
About this home
Possibly Over-Priced:The estimated price is 34% below the list price. We found 3 Cons,5 Pros. Rank: price - $775.0K(36th), sqft - 1419(49th), beds - 2(15th), baths - 2(50th).
Great Opportunity to Own a Nice Property with A Huge Potential in North El Monte. PERFECT FOR AN ADU
Condition Rating
Poor
Built in 1947, this property shows significant age throughout. The kitchen features very outdated wooden cabinets, older countertops, and likely original or very old appliances, requiring a complete overhaul. Bathrooms are similarly dated with old tiles, fixtures, and styles. While the property appears maintained, the interior elements, especially the kitchen and bathrooms, suggest renovations from 30-50 years ago or older. This indicates a need for substantial repairs and rehabilitation, including likely extensive system replacements (electrical, plumbing, HVAC) to meet modern standards, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
ADU Development Potential: Explicitly marketed as 'PERFECT FOR AN ADU,' offering significant value-add and income-generating opportunities in a high-demand area.
Generous Lot Size: The 6,571 sqft lot provides ample space for expansion, outdoor living, or the development of an Accessory Dwelling Unit.
Desirable North El Monte Location: Situated in North El Monte, an area often sought after for its perceived quality and potential for appreciation.
Spacious Interior Footprint: With 1,419 sqft, the property offers a larger living area compared to many nearby comparables, providing more functional space.
Investment & Value-Add Opportunity: Positioned as a property with 'Huge Potential,' appealing to investors or buyers looking to customize and increase equity.
Cons
Significant Overpricing: The current list price of $775,000 is substantially higher (34% above) the estimated market value, potentially hindering buyer interest and marketability.
Advanced Age & Implied Condition: Built in 1947, the property is considerably older than most recent sales, suggesting a need for substantial updates and potential deferred maintenance, which is not explicitly addressed in the description.
Lack of Modern Upgrades: Unlike several recently sold comparables that boast extensive renovations (e.g., new HVAC, electrical, windows, kitchens), the subject property's description implies a lack of recent modern upgrades, requiring significant buyer investment.