Seller's Agent in 2015
Katie Chai
RE/MAX
(909) 728-7888
12 Total Sales
10920 Ramona Blvd El Monte, CA 91731
Downtown El Monte Neighborhood
3
Beds
3
Baths
10,892
Sq Ft
0.39
Acres
Highlights
- In Ground Pool
- 0.39 Acre Lot
- Laundry Room
About This Home
As of July 2015Re/Max Commercial is pleased to present for sale this seventeen-unit investment opportunity located at 10920 Ramona Blvd, El Monte, CA 91731. The subject property is located in a very desirable North El Monte Location. The property has six one-bedroom+one-bathroom, nine two-bedroom+one bathroom and two retail/office units, beautiful courtyard, laundry facility, controlled access and 14 parking spaces and 4 garages with door. This property provides an opportunity for an investor with potential to raise rents and increase value.
Investment Highlights:
17 Units built in 1963
Prime El Monte location
Fenced pool
Laundry facility
Units individually metered for electricity
Strong Rental Market
Close Proximity to Major Freeways
Upside Potential
No rent control
Close to Popular Retail and shopping
Last Agent to Sell the Property
ReMax 2000 Realty License #01457862 Listed on: 06/15/2015
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 0.39 Acre Lot
- No Common Walls
Parking
- 4 Car Garage
Home Design
- 10,892 Sq Ft Home
- Composition Roof
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Additional Features
- In Ground Pool
- Sewer Paid
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 14
- Tax Tract Number 5428
- Assessor Parcel Number 8579010025
Community Details
Overview
- 17 Units
Building Details
- 17 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $2,569
- Insurance Expense $3,810
- Maintenance Expense $4,059
- Pool Expense $1,963
- Professional Management Expense $6,098
- Trash Expense $3,035
- Water Sewer Expense $3,798
- New Taxes Expense $39,178
- Gross Income $16,440
- Net Operating Income $126,812
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/31/2015 07/31/15 | Sold | $2,468,000 | -5.1% | $227 / Sq Ft |
| 07/06/2015 07/06/15 | Pending | -- | -- | -- |
| 06/15/2015 06/15/15 | For Sale | $2,600,000 | -- | $239 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $41,851 | $2,921,604 | $1,856,190 | $1,065,414 |
| 2024 | $41,851 | $2,864,319 | $1,819,795 | $1,044,524 |
| 2023 | $41,051 | $2,808,157 | $1,784,113 | $1,024,044 |
| 2022 | $39,570 | $2,753,096 | $1,749,131 | $1,003,965 |
| 2021 | $40,062 | $2,699,115 | $1,714,835 | $984,280 |
| 2019 | $40,844 | $2,621,600 | $1,663,973 | $957,627 |
| 2018 | $40,169 | $2,570,247 | $1,631,347 | $938,900 |
| 2016 | $38,468 | $2,468,000 | $1,568,000 | $900,000 |
| 2015 | $32,123 | $2,014,391 | $857,187 | $1,157,204 |
| 2014 | $30,950 | $1,974,932 | $840,396 | $1,134,536 |
Source: Public Records
Agents Affiliated with this Home
-
Katie Chai
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: TR15131407
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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