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3840 Durfee Avenue, El Monte, California 91732, El Monte, 91732 - 3 bed, 2 bath

3840 Durfee Avenue, El Monte, California 91732 home-pic-0
ACTIVE$659,000
3840 Durfee Avenue, El Monte, California 91732
3Beds
2Baths
1,148Sqft
5,156Lot
Year Built
1962
Close
-
List price
$659K
Original List price
$659K
Price/Sqft
$574
HOA
-
Days on market
-
Sold On
-
MLS number
AR24158569
Home ConditionPoor
Features
View-

About this home

Possibly Over-Priced:The estimated price is 10% below the list price. We found 3 Cons,5 Pros. Rank: price - $659.0K(13th), sqft - 1148(26th), beds - 3(50th), baths - 2(50th).

Location! Location! Location! This charming residential property is located in the heart of El Monte, CA, and offers an excellent opportunity for families and investors alike. This home boasts a prime location with easy access to major highways, public transportation, and a variety of local amenities. Whether you're commuting to work or exploring the vibrant city life of downtown Los Angeles, you'll appreciate the easy access to major freeways like I-10 and I-605. With its ideal location and great potential, 3840 Durfee Ave is a must-see. Don't miss this opportunity to own a piece of El Monte's charm. Contact us today to schedule a viewing!

Price History

Date
Event
Price
08/01/24
Listing
$659,000
Condition Rating
Poor
Built in 1962, this property is over 60 years old with no visible major renovations. The kitchen features very outdated dark wood cabinets, laminate countertops, and older white appliances, requiring a complete overhaul. Bathrooms are similarly dated with old vanities, fixtures, and tile. The property has popcorn ceilings and older tiled flooring throughout. While seemingly functional, it requires substantial rehabilitation and modernization to meet current living standards and comfort.
Pros & Cons

Pros

Prime Location & Accessibility: The property boasts a highly desirable location in the heart of El Monte, offering excellent access to major freeways (I-10, I-605), public transportation, and local amenities, making it ideal for commuters and convenient living.
Versatile Opportunity: Marketed as an excellent opportunity for both families and investors, indicating broad appeal and potential for rental income or long-term appreciation.
Functional Family Layout: The 3-bedroom, 2-bathroom configuration provides a practical and highly sought-after layout suitable for most families.
Charming Residential Appeal: Described as a 'charming residential property,' suggesting a well-maintained home with traditional appeal that could attract buyers looking for character.
Generous Lot Size: A 5156 sqft lot offers ample outdoor space for recreation, gardening, or potential future expansion, a valuable asset for a single-family home.

Cons

Significant Overpricing: The listing price of $659,000 is considerably higher than the estimated market value of $573,371.66, indicating the property may be overpriced and could face challenges in attracting offers.
Older Construction: Built in 1962, the property is over 60 years old, which may imply a need for updates to systems (plumbing, electrical), finishes, or general modernization to meet contemporary buyer expectations.
Modest Interior Space: With 1148 sqft, the interior living space is relatively modest for a 3-bedroom home, which might be a limiting factor for buyers seeking larger rooms or more expansive living areas.

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