N/A
Bedrooms
Sold for $1,150,000 · Dec 2021
SOLDEl Monte, CA
MLS# CV21260663
KRISTOPHER GERMAN
Listing Agent
RE/MAX 2000 REALTY
DRE #: 01800021
Brokerage: RE/MAX 2000 REALTY
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
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.
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3 recorded sales
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.
| Quarter | Closed sales in 91731 | Median sold price |
|---|---|---|
| Q1 2026 | 2 | $1,035,000 |
| Q2 2026 | 6 | $488,750 |
| Q3 2026 | 29 | $830,000 |
| Q4 2026 | 11 | $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
Closed sales reported in 91731, nearest first, last 12 months. All recent sales in El Monte →
3720 Pine Avenue
Contact KRISTOPHER GERMAN
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Contact Listing Agent
RE/MAX 2000 REALTY
DRE #01800021
Contact information is not available for this listing.