3722 Durfee Avenue, El Monte, California 91732, El Monte, 91732 - bed, bath
ACTIVE$1,488,000
3722 Durfee Avenue, El Monte, California 91732
0Bed
0Bath
2,366Sqft
17,572Lot
Year Built
1945
Close
-
List price
$1.49M
Original List price
$1.49M
Price/Sqft
$629
HOA
-
Days on market
-
Sold On
-
MLS number
AR25047576
Home ConditionPoor
Features
Patio
View-
About this home
We found 3 Cons,6 Pros. Rank: price - $1.49M(97th), sqft - 2366(85th), beds - undefined(3th), baths - undefined(3th).
LOCATION, LOCATION, LOCATION, TWO SEPARATE HOUSE ON A 17,572 SQ FT LOT 3722 AND 3726 DURFEE RD, FRONT UNIT WITH 3 BEDROOM 2 BATH 896 SQ Ft BACK UNIT WITH 3 BEDROOM 2 BATH 1440 SQ FT VERY CONVINIENT LOCATION CLOSE TO 10, 605, 210, 60 FREEWAY, PER CITY YIU CAN BUILD UPTO 4 UNIT OF PUD, PLEASE CHECK WITH THE CITY FOR DETAIL INFO
Condition Rating
Poor
Built in 1945, this property features two separate units, both of which are significantly outdated. The kitchens in both units have very old white appliances, dated wooden cabinets, laminate countertops, and basic fluorescent lighting. The bathrooms also exhibit very old small square tiling, basic vanities/pedestal sinks, and outdated fixtures. While the property appears maintained with fresh paint in some areas, the overall style and features, particularly in the critical kitchen and bathroom areas, suggest renovations that are 30-50+ years old. Bringing these spaces up to modern standards would require substantial rehabilitation, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17572, living area = 2366.
Multi-Unit Property: Features two separate houses on one lot (3B/2B front unit, 3B/2B back unit), offering immediate rental income potential or multi-generational living arrangements.
Significant Development Potential: The property has potential for building up to 4 PUD units per city regulations (buyer to verify), presenting a substantial development opportunity.
Large Lot Size: A generous 17,572 sq ft lot provides ample space for current use, potential expansion, or future development.
Excellent Freeway Access: Conveniently located with easy access to major freeways (10, 605, 210, 60), enhancing accessibility for commuters and residents.
Versatile Investment Opportunity: Combines immediate rental income from two existing units with significant long-term development potential, appealing to various investor profiles.
Cons
Age of Property: Built in 1945, the property is older, which may necessitate significant updates, repairs, or maintenance to meet contemporary standards and preferences.
Unverified Development Potential: The stated potential for building up to 4 PUD units requires thorough verification with the city, introducing an element of uncertainty and due diligence for prospective buyers.
Compact Front Unit: The front unit's 896 sq ft for 3 bedrooms and 2 bathrooms suggests potentially compact living spaces or an older, less open floor plan.