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Sold for $1,150,000 · Dec 2021

SOLD
Sold

3720 Pine Avenue, El Monte, CA 91731

El Monte, CA

MLS# CV21260663

2,546 Sq Ft • Property
2 days on market

Listing Agent

KRISTOPHER GERMAN

Listing Agent

RE/MAX 2000 REALTY

DRE #: 01800021

Brokerage: RE/MAX 2000 REALTY

Property Details

N/A

Bedrooms

N/A

Bathrooms

2,546 sqft

Square Feet

1953

Year Built

0.3 acres

Lot Size

$452

Price/Sq Ft

2

Garage Spaces

N/A

HOA

Property

Property Type

Description

We are pleased to offer for sale this 5 unit investment property located in the city of El Monte. The property is located in the "north" section of the city, north of Ramona Blvd which is a highly desirable rental area. The subject property is comprised of 2 structures, one detached 2Bed/1Bath cottage style unit, and a second structure with 4(1Bed/1Bath) units. Tenants enjoy onsite garage and car-port parking. There is a laundry room onsite currently not in use by the tenants. The current owner has kept the rental rates well below market making this a great opportunity for the savvy investor to utilize "substantial improvement" to reposition the property and take advantage of a potential 38% upside in rental income!

Listing description from the December 2021 sale, as reported to CRMLS.

Facts & Features

Details

Stories
2

Sale history for 3720 Pine Avenue

3 recorded sales

$1,150,000
Sold December 2021 · on market December 2021, 2 days on market · MLS #CV21260663 · Source: CRMLS
Listing Agent: KRISTOPHER GERMAN · Listing Office: RE/MAX 2000 REALTY · Contact: 626-956-0188 · Bought with: KRISTOPHER GERMAN · RE/MAX 2000 REALTY
$850,000
Sold April 2015 · listed $894,000, on market November 2014, 109 days on market · MLS #MB14246454 · Source: CRMLS
Listing Agent: JAIME ACUNA · Listing Office: EXCELLENCE RE REAL ESTATE · Contact: 562-948-4553 · Bought with: Jack Pang · Resource Real Estate Services
$764,000
Sold June 2012 · on market July 2011, 177 days on market · MLS #M11097147 · Source: CRMLS
Listing Agent: JAIME ACUNA · Listing Office: EXCELLENCE REAL ESTATE · Contact: 562-948-4553 · Bought with: Susan Hong · Grandmark Realty Inc.

How this sale compares

3720 Pine Avenue sold for $1,150,000 in December 2021, at its full list price, after 2 days on the market. Across 48 closed sales in 91731 over the last 12 months, the median sold price is $837,218 and the median is $481 per square foot.

$481
91731 median per sq ft (12 mo)
$837,218
91731 median sold price (12 mo)
48
Closed sales in 91731 (12 mo)
2
Days on market
QuarterClosed sales in 91731Median sold price
Q1 20262$1,035,000
Q2 20266$488,750
Q3 202629$830,000
Q4 202611$856,930

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in El Monte · Homes for sale in 91731

Recent sales near 3720 Pine Avenue

Closed sales reported in 91731, nearest first, last 12 months. All recent sales in El Monte →

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