NOT LISTED FOR SALE

11023 Emery St El Monte, CA 91731

Norwood Cherrylee Neighborhood
6 Beds
3 Baths
5,322 Sq Ft
0.3 Acres

Last Sold March 25, 2013

Last sale price $1,000,000 $188 Per Sq Ft

16 Days on Market

About This Home

As of March 2013

The Emery Street Apartment is a seven-unit apartment building located at 11021-11023 Emery Street in the city of El Monte.

The property consists of two buildings, one three-bedroom/one-bathroom house and one six-unit apartment building with four two-bedroom/one-bathroom and two one-bedroom/one-bathroom units. The three-bedroom house offers a big front yard with driveway for tenants use and children's play area. The six-unit apartment building offers one assigned carport parking for each tenant with ample street parking.

The apartments offer large size units. The two-bedroom units are approximately 800 square feet and the one-bedroom units are approximately 619 square feet. Some units have upgrades, including tile flooring in the living room, kitchen and bathroom area. In addition, the roofs were replaced in 2007. The laundry facility is on-site and is owned by the landlord.

The property is surrounded by mostly single family homes in North El Monte, only one-and one-half mile from the city of Arcadia . Due to its convenient location, tenants have easy access to the 60, 10, 605 and 210 freeways and close proximity to El Monte Metrolink Station.

Last Agent to Sell the Property

Eric Chen

CB RICHARD ELLIS Listed on: 01/08/2013

Last Buyer's Agent

Eric Chen

CB RICHARD ELLIS Listed on: 01/08/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 0.3 Acre Lot
  • No Common Walls

Parking

  • 5 Parking Spaces

Home Design

  • 5,322 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 9941
  • Assessor Parcel Number 8570003024

Community Details

Overview

  • 2 Buildings
  • 7 Units

Building Details

  • 7 Leased Units
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $480
  • Gardener Expense $960
  • Insurance Expense $1,400
  • Maintenance Expense $5,361
  • Professional Management Expense $1,750
  • Trash Expense $1,800
  • Water Sewer Expense $3,240
  • New Taxes Expense $12,740
  • Gross Income $7,750
  • Net Operating Income $57,805

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • CapRate: 5.90
  • Other Phone Description: Edward Pan
  • Other Phone Number: 909-456-7003
  • Professional Management Expense: 1750.00
  • Property Attached: No
  • Water Sewer Expenses: 3240.00
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 8570003024
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 187.90

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 1800.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 13039.00
  • Lot Size Acres: 0.2990

Multi Family

  • Average1 Bed Area: 619
  • Average2 Bed Area: 800
  • Average3 Bed Area: 884
  • Electric Expense: 480.00
  • Gross Income: 7750.00
  • Gross Multiplier: 10.54
  • Gross Scheduled Income: 94500.00
  • Insurance Expense: 1400.00
  • Lot Size Area: 13039.0000 Square Feet
  • Maintenance Expense: 5361.00
  • Net Operating Income: 57805.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 7
  • Number Of Units Total: 7
  • Operating Expense: 32045.00
  • Rent Control: No
  • Total Actual Rent: 7750.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 12740.00
  • Tax Lot: 13
  • Tax Tract Number: 9941

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2013 03/25/13 Sold $1,000,000 +2.0% $188 / Sq Ft
01/24/2013 01/24/13 Pending -- -- --
01/08/2013 01/08/13 For Sale $980,000 -- $184 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Eric Chen

    Seller's Agent in 2013

    Eric Chen

    CB RICHARD ELLIS

    (909) 418-2030

    60 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV13009199

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County El Monte 91731 Norwood Cherrylee

11023 Emery St, El Monte, CA

This home is located at 11023 Emery St, El Monte, CA 91731 since 08 January 2013. This property was built in 1962. 11023 Emery St is a home located in Los Angeles County with nearby schools including Wright Elementary School, Arroyo High School, and Pearl Preparatory School.

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California Regional Multiple Listing Service (CRMLS) 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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