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11937 Magnolia Street 22, El Monte, California 91732, El Monte, 91732 - 2 bed, 1 bath

11937 Magnolia Street 22, El Monte, California 91732 home-pic-0
ACTIVE$449,000
11937 Magnolia Street 22, El Monte, California 91732
2Beds
1Bath
819Sqft
51,627Lot
Year Built
1973
Close
-
List price
$449K
Original List price
$449K
Price/Sqft
$548
HOA
$200
Days on market
-
Sold On
-
MLS number
TR24217225
Home ConditionPoor
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $449.0K(10th), sqft - 819(10th), beds - 2(10th), baths - 1(10th).

Beautiful property located in the most desire area of El Monte. This Private End unit located in 2nd floor. This 2-bedrooms condo makes great use of the 819 square feet in its interior. New paint, laminate/tile flooring throughout. The open floor plan flows very well, and the unit receives great natural lighting to make it super bright and airy. The kitchen is located adjacent to the cozy dining area. The living room is quite large. The two spacious bedrooms both feature large closets (one has a walk-in closet) and the bathroom and vanity area are located in/off the hallway. This unit has a detached 1-car garage and an assigned uncovered parking spot, and you can view both from the dining area window. It is located in a quiet gated community yet convenient to schools, shopping centers and super markets. A commuters dream minutes to freeway 10 and 60. It is a great Fantastic starter home and good rental property, A must see lucky property to truly appreciate and prepare to fall in love with it.

Price History

Date
Event
Price
10/19/24
Listing
$449,000
Condition Rating
Poor
Built in 1973, this property is 51 years old. While it features new paint and laminate flooring, the kitchen has very dated tile countertops and an older dishwasher. The bathroom is in particularly poor condition, with a severely stained and worn bathtub/shower area that requires substantial repair or replacement. These major components show significant wear and are well beyond just being 'outdated', necessitating rehabilitation.
Pros & Cons

Pros

Desirable Location & Commuter Friendly: Located in a 'most desire area of El Monte,' with convenient access to schools, shopping centers, supermarkets, and minutes to freeways 10 and 60, making it ideal for commuters.
Updated & Bright Interior: Features new paint, laminate/tile flooring throughout, an open floor plan, and great natural lighting, creating a super bright and airy atmosphere.
Private End Unit: Positioned as a private end unit on the 2nd floor, offering enhanced privacy and potentially reduced noise compared to interior units.
Dedicated Parking: Includes both a detached 1-car garage and an assigned uncovered parking spot, providing convenient and secure parking options.
Strong Investment/Starter Home Potential: Described as a 'great Fantastic starter home and good rental property,' appealing to first-time buyers and investors alike.

Cons

Building Age: Constructed in 1973, the property's age may imply older building systems or common area aesthetics that haven't been updated, despite interior renovations.
Limited Bathrooms: The unit features only one bathroom for two bedrooms, which could be a functional limitation for families or multiple residents.
Ongoing HOA Fees: A monthly association fee of $200 adds to the recurring cost of homeownership, which potential buyers must factor into their budget.

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