Jonathan Khaw
First Team Real Estate
(562) 222-5872
24 Total Sales
2 in Downtown El Monte
$845,000 Price Range
10920 Ramona Blvd El Monte, CA 91731
Downtown El Monte Neighborhood
3
Beds
3
Baths
10,892
Sq Ft
0.39
Acre Lot
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
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 17,029 Sq Ft 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
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
Additional Features
- 17 Units
- Laundry Facilities
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 15, 2015
Closed on
Jul 7, 2015
Sold by
Lei Charles
Bought by
Seller's Agent
Katie Chai
ReMax 2000 Realty
Buyer's Agent
Katie Chai
ReMax 2000 Realty
List Price
$2,600,000
Sold Price
$2,468,000
Premium/Discount to List
-$132,000
-5.08%
Purchase Details
Closed on
Jul 9, 2014
Sold by
Lei Charles
Bought by
Lei Charles and Lei Cindy
Purchase Details
Closed on
May 13, 2009
Sold by
Tripeak Llc
Bought by
Lei Charles
Purchase Details
Closed on
Apr 25, 2005
Sold by
Ko Herman Hungyum and Ko Lingoi
Bought by
Tripeak Llc
Purchase Details
Closed on
Jun 10, 2003
Sold by
Chan Raymond and Chan Tina
Bought by
Chan Raymond
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$882,000
Interest Rate
5.37%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 12, 2002
Sold by
Chan Raymond and Chan Tina
Bought by
Chan Raymond
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,500
Interest Rate
6.84%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown El Monte, CA
-
Jonathan Khaw
-
Yi Sui
Yi Sui
PINNACLE REAL ESTATE GROUP
(562) 846-1528
79 Total Sales
2 in Downtown El Monte
$675,000 Price Range
-
Amy Engler
Amy Engler
Douglas Elliman of California, Inc.
(424) 541-1946
58 Total Sales
1 in Downtown El Monte
$645,000 Price
-
Sharon Smith
Sharon Smith
Berkshire Hathaway Homeservices California Realty
(760) 548-3262
65 Total Sales
1 in Downtown El Monte
$757,000 Price
-
Alex Sanchez
Alex Sanchez
eXp Realty of Southern California, Inc.
(562) 261-0539
65 Total Sales
1 in Downtown El Monte
$730,000 Price
-
Helen Ngo
HN
Helen Ngo
Responds QuicklyeXp Realty of California Inc
(626) 238-1054
75 Total Sales
1 in Downtown El Monte
$833,300 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,468,000 | First American Title | ||
| Lei Charles | -- | None Available | |
| Lei Charles | $1,880,000 | Ticor Title Company | |
| Tripeak Llc | -- | -- | |
| Chan Raymond | -- | Security Union | |
| Ko Herman Hungyum | $1,225,000 | Security Union Title | |
| Chan Raymond | -- | Investors Title Company |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $2,000,000 | ||
| Previous Owner | Lei Charles | $1,000,000 | |
| Previous Owner | Tripeak Llc | $1,500,000 | |
| Previous Owner | Tripeak Llc | $500,000 | |
| Previous Owner | Tripeak Llc | $1,250,000 | |
| Previous Owner | Ko Herman Hungyum | $250,000 | |
| Previous Owner | Ko Herman Hungyum | $882,000 | |
| Previous Owner | Chan Raymond | $425,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $45,259 | $2,980,035 | $1,893,313 | $1,086,722 |
| 2025 | $45,259 | $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
Seller's Agent in 2015
Katie Chai
RE/MAX
(909) 728-7888
14 Total Sales
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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