3837 Lincoln Avenue, El Monte, California 91731, El Monte, 91731 - bed, bath

3837 Lincoln Avenue, El Monte, California 91731 home-pic-0
ACTIVE$1,400,000
3837 Lincoln Avenue, El Monte, California 91731
0Bed
0Bath
2,640Sqft
7,774Lot
Year Built
1947
Close
-
List price
$1.4M
Original List price
$1.4M
Price/Sqft
$530
HOA
-
Days on market
-
Sold On
-
MLS number
WS25152380
Home ConditionExcellent
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.40M(94th), sqft - 2640(94th), beds - undefined(6th), baths - undefined(6th).

Great investment opportunity, 4 units in a place with 2640 sq ft. The property comes with totally remodeled single story family house features with 2 bedrooms, 2 baths and a loft. The loft can be converted into a 3rd bedroom with interior 1430 sq ft and has a front porch of 329 sq ft. Brand new JADU with 366 sq ft with covered patio of 175 sq ft, features with 1 bedroom and 1 bathroom. Another brand new ADU features with 2 bedrooms and 1 bathroom in a total of 576 sq ft. The ADU was converted from a two-cars garage. The fourth one is a studio at the back which has its separate entrance and has 268 sq ft. The following are the features of the units: 1. The front house has new kitchen with new kitchen appliances, new bathrooms, new copper pipelines, new flooring, new windows, new interior and exterior paint, new AC split units, new electrical panel and has been upgraded to 200-amp. 2. Brand new JADU and ADU with new kitchen, new bathrooms, new bedrooms, windows and AC units. ADU has its own separate electrical and gas meters and house number. 3. The guest house is a studio which has its separate entrance. 4. Separate laundry area on site. Close to shops, schools, parks and so on. Don't miss this wonderful opportunity to own a new and remodeled property and you can live in one and rent out the others or you can have your whole and extended families to live together. P.S. The owner spent over two years to plan and build the new ADU and JADU units. Don't lose the opportunity to check out this wonderful property and this will not last long. Property has passed the final inspection with city of El Monte and acquired all building permits. Please do your own due diligence to check the building records of the property with City of El Monte.

Condition Rating
Excellent

The property includes a remodeled single-family house and new ADUs. The description mentions new kitchens with new appliances, new bathrooms, new flooring, new windows, new AC split units, and upgraded electrical panels. The images confirm the new renovations with modern kitchens and bathrooms. Given the extensive remodeling and new construction, the condition is excellent.
Pros & Cons

Pros

Investment Opportunity: The property features four units, offering significant rental income potential.
New ADUs and Remodeled Main House: The property includes newly constructed ADUs and a remodeled main house, minimizing immediate renovation costs.
Separate Utilities: The ADU has separate electrical and gas meters, simplifying tenant management and billing.
New Appliances and Systems: The units feature new kitchens, bathrooms, appliances, copper pipelines, flooring, windows, AC split units, and electrical panels, reducing maintenance concerns.
Permitted Construction: The ADU and JADU construction has passed final inspection and acquired all building permits from the City of El Monte.

Cons

Studio Unit Condition: The studio unit's condition is not explicitly stated as remodeled, potentially requiring further investment.
Lot Size: The lot size of 7774 sq ft might be considered small for a property with four units, potentially limiting outdoor space or future expansion.
Year Built of Original Structure: The original house was built in 1947, which could mean potential issues related to older construction that may arise in the future despite recent remodeling.

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