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3827 Pine Avenue, El Monte, California 91731, El Monte, 91731 - bed, bath

3827 Pine Avenue, El Monte, California 91731 home-pic-0
ACTIVE$750,000
3827 Pine Avenue, El Monte, California 91731
0Bed
0Bath
1,932Sqft
4,223Lot
Year Built
1941
Close
-
List price
$750K
Original List price
$769K
Price/Sqft
$388
HOA
-
Days on market
-
Sold On
-
MLS number
AR25114552
Home ConditionPoor
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $750.0K(25th), sqft - 1932(50th), beds - undefined(50th), baths - undefined(50th).

Here is an exceptional investment opportunity comprising two tenant-occupied units in El Monte, California. One unit has 3 beds/1.5 baths with an attached garage and the other unit has 2 beds/1 bath and a gated driveway. This property offers immediate cash flow with established tenants in place, providing a stable income stream from day one. You can also live in one and rent out the other. Strategically located within a high-demand rental market, the units benefit from proximity to major freeways, El Monte Transit Center, San Gabriel Valley Airport, commercial centers, local amenities and just a few minutes drive to DTLA. With ongoing rental income and strong market fundamentals, these units represent a solid addition to any real estate portfolio.

Price History

Date
Event
Price
09/16/25
Price Change
$750,000-2.5%
05/27/25
Listing
$769,000
Condition Rating
Poor
Built in 1941, this property is 83 years old. The exterior images show an older building with visible window AC units, indicating a lack of central air conditioning and suggesting significant discomfort. The absence of interior photos, particularly of kitchens and bathrooms, for a property of this age strongly implies these areas are very dated and require substantial rehabilitation. While tenant-occupied, suggesting it's livable, it likely requires major updates to systems, finishes, and overall comfort to meet current standards.
Pros & Cons

Pros

Immediate Cash Flow: The property features two tenant-occupied units, ensuring immediate and stable rental income from day one for the new owner.
Duplex Configuration & Flexibility: As a duplex, it offers versatile options for investors seeking a pure rental asset or owner-occupants looking to live in one unit and rent out the other.
Strategic & High-Demand Location: Located in El Monte, a high-demand rental market, with excellent proximity to major freeways, transit centers, commercial hubs, and downtown Los Angeles.
Strong Investment Potential: Positioned as a solid addition to any real estate portfolio, benefiting from ongoing rental income and robust market fundamentals in the area.
Parking & Security Features: One unit includes an attached garage, and the other benefits from a gated driveway, providing valuable parking and enhanced security for tenants.

Cons

Age of Property & Potential for Updates: Built in 1941, the property is older, suggesting a likelihood of requiring significant capital investment for modernization, renovations, or addressing deferred maintenance.
Existing Tenant Constraints: While providing income, existing tenants may limit immediate owner-occupancy, restrict showing flexibility, or potentially be on leases that are below current market rates.
Recent Price Reduction: The recent price drop from $769,000 to $750,000 could indicate that the property was initially overpriced or has faced challenges in attracting buyer interest, potentially signaling a perceived value issue.

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