NOT LISTED FOR SALE

11007 Elliott Ave El Monte, CA 91733

Mountain View Neighborhood

Estimated Value: $833,000 - $986,000

4 Beds
3 Baths
1,690 Sq Ft
$528/Sq Ft Est. Value

Last Sold November 27, 2019

Last sale price $578,000 $342 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $5,407/month

199 Days on Market

About This Home

As of November 2019

Value add opportunity! Upside in rental income for all three of these occupied units. Great rental area of El Monte.

Last Agent to Sell the Property

John P. Simon Wright

WRIGHT PROPERTY MANAGEMENT License #01479897 Listed on: 02/15/2019

Last Buyer's Agent

Alexandra Parra Rivera

CENTURY 21 REALTY MASTERS License #01763911

CENTURY 21 REALTY MASTERS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 4,698 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot
  • No Sprinklers

Parking

  • 4 Parking Spaces

Interior Spaces

  • 1,690 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Rain Gutters

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 8105013012

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $50
  • Insurance Expense $900
  • Maintenance Expense $800
  • Other Expense $1,000
  • Pest Control $220
  • Professional Management Expense $3,000
  • Trash Expense $1,000
  • Water Sewer Expense $1,350
  • New Taxes Expense $7,438
  • Operating Expense $15,758
  • Gross Income $43,200
  • Net Operating Income $18,299

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Professional Management Expense: 3000.00
  • Property Attached: No
  • Water Sewer Expenses: 1350.00
  • Property Type: Residential Income
  • Parcel Number: 8105013012
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 342.01

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Sprinklers: No
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Pest Control Expense: 220.00
  • Sewer: Public Sewer
  • Trash Expense: 1000.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Sprinklers None
  • Lot Size Sq Ft: 4698.00
  • Lot Size Acres: 0.1079

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 50.00
  • Gross Income: 43200.00
  • Gross Scheduled Income: 32940.00
  • Insurance Expense: 900.00
  • Lot Size Area: 4698.0000 Square Feet
  • Maintenance Expense: 800.00
  • Net Operating Income: 18299.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 14641.00
  • Other Expense: 1000.00
  • Rent Control: No
  • Total Expenses: 15758.00

Tax Info

  • New Taxes Expense: 7438.00
  • Tax Census Tract: 4334.02
  • Tax Lot: 0000
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2019
Sold by
Galaxy Management Inc
Bought by
Dereza Eric
Current Estimated Value
$892,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$567,530
Interest Rate
3.6%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 1, 2008
Sold by
Wells Fargo Bank Na
Bought by
Galaxy Management Inc

Purchase Details

Closed on
Jul 18, 2007
Sold by
Truong Son V
Bought by
Wells Fargo Bank Na and Impac Secured Assets Corp Mortgage Pass

Purchase Details

Closed on
Nov 18, 2005
Sold by
Wong Vicki Suhyun
Bought by
Truong Son V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Interest Rate
7.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 17, 2003
Sold by
Hud
Bought by
Wong Vicki Suhyun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,300
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 18, 2002
Sold by
Wells Fargo Home Mtg Inc
Bought by
Hud

Purchase Details

Closed on
Jun 23, 1997
Sold by
Villegas Marlene and Sladen Alexandra
Bought by
Garcia Jose Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,366
Interest Rate
7.45%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 21, 1994
Sold by
Villegas Marlene
Bought by
Villegas Marlene and Sladen Alexandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,920
Interest Rate
4.1%

Purchase Details

Closed on
Nov 30, 1993
Sold by
Stone Ralph Allen and Stone Margaret
Bought by
Villegas Marlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,920
Interest Rate
4.1%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dereza Eric $578,000 Western Resources Title
Galaxy Management Inc $378,000 Stewart Title
Wells Fargo Bank Na $431,894 None Available
Truong Son V $570,000 Landwood Title Company
Wong Vicki Suhyun $277,000 Fidelity National Title
Hud -- Fidelity National Title Ins
Garcia Jose Raul $180,000 Southland Title Corporation
Villegas Marlene -- --
Villegas Marlene $140,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dereza Eric $567,530
Previous Owner Truong Son V $399,000
Previous Owner Wong Vicki Suhyun $249,300
Previous Owner Garcia Jose Raul $175,366
Previous Owner Villegas Marlene $111,920
Closed Villegas Marlene $13,990
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2019 11/27/19 Sold $578,000 -1.9% $342 / Sq Ft
09/02/2019 09/02/19 Pending -- -- --
06/11/2019 06/11/19 Price Changed $589,000 -1.0% $349 / Sq Ft
02/15/2019 02/15/19 For Sale $595,000 -- $352 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $8,892 $632,123 $428,708 $203,415
2024 $8,892 $619,729 $420,302 $199,427
2023 $8,747 $607,578 $412,061 $195,517
2022 $8,414 $595,666 $403,982 $191,684
2021 $8,620 $583,987 $396,061 $187,926
2020 $8,366 $578,220 $392,000 $186,220
2019 $6,609 $436,576 $263,200 $173,376
2018 $6,329 $428,021 $258,040 $169,981
2016 $5,841 $411,191 $248,021 $163,170
2015 $5,777 $405,016 $244,296 $160,720
2014 $5,665 $397,083 $239,511 $157,572
Source: Public Records

Agents Affiliated with this Home

  • John P. Simon Wright

    Seller's Agent in 2019

    John P. Simon Wright

    WRIGHT PROPERTY MANAGEMENT

    (626) 967-1837

    8 Total Sales

    John P. Simon Wright
    Section Image
  • Alexandra Parra Rivera

    Buyer's Agent in 2019

    Alexandra Parra Rivera

    CENTURY 21 REALTY MASTERS

    (323) 482-0705

    68 Total Sales

    Alexandra Parra Rivera
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV19035825

California Regional Multiple Listing Service (CRMLS)

APN: 8105-013-012

California Los Angeles County El Monte 91733 Mountain View

11007 Elliott Ave, El Monte, CA

Not Listed for Sale

MultiFamily

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