Seller's Agent in 2017
Dan Tan
TANDEM REAL ESTATE. INC.
(626) 346-2935
9 Total Sales
11046 Lambert Ave El Monte, CA 91731
Norwood Cherrylee NeighborhoodEstimated Value: $1,341,000 - $1,929,000
7
Beds
7
Baths
4,569
Sq Ft
$359/Sq Ft
Est. Value
Highlights
- Primary Bedroom Suite
- Open Floorplan
- Wood Flooring
- 16,282 Sq Ft lot
- Recreation Room
- Attic
About This Home
As of September 2017Attention Investors; 2 houses on a lot. Income property with great cap rate. Centrally located in San Gabriel Valley; this gated home is close
to retail stores and restaurants, 4 minutes to a Metrolink Station, and easy access to public transportation. This spacious property has a large lot with front and
back yards and extra parking spaces in the back allowing flexible rental opportunities. In 2012, the back house was built and the front house was completely
remodeled and expanded with an oversized 2 car garage and an additional upstairs master bedroom suite with its own entrance. Front house has 3 bedrooms
and 2 bath, 2 car attached garage. Back house has 4 bedrooms, 5 bath, 2 bonus rooms that can be easily converted to bedrooms, and 2 car attached garage; Both unit leased with stable tenants.
submit all offer.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2011
Lot Details
- 16,282 Sq Ft Lot
- No Common Walls
- Masonry wall
- Rectangular Lot
- Level Lot
- Drip System Landscaping
- Front and Back Yard Sprinklers
- Back and Front Yard
Parking
- 5 Open Parking Spaces
- 4 Car Garage
Home Design
- Duplex
- Turnkey
Interior Spaces
- 4,569 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Wet Bar
- Ceiling Fan
- Formal Entry
- Great Room
- Family Room
- Recreation Room
- Game Room
- Storage
- Laundry in Garage
- Sump Pump
- Attic
Kitchen
- Walk-In Pantry
- Gas Range
- Free-Standing Range
- Dishwasher
- Stone Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- Primary Bedroom Suite
- Double Master Bedroom
- 7 Bathrooms
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
- Gas Water Heater
- Phone Available
- Cable TV Available
Additional Features
- More Than Two Accessible Exits
- Exterior Lighting
Listing and Financial Details
- Tenant pays for all utilities
- Tax Lot 1
- Assessor Parcel Number 8569008014
Community Details
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Gardener Expense $882
- Insurance Expense $2,500
- Maintenance Expense $1,500
- Professional Management Expense $3,420
- New Taxes Expense $13,500
- Operating Expense $21,760
- Gross Income $66,348
- Net Operating Income $44,588
Additional Features
- 2 Buildings
- 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
Closed on
Feb 14, 2019
Sold by
Bought by
Current Estimated Value
Purchase Details
Listed on
Jun 27, 2017
Closed on
Aug 30, 2017
Sold by
Bought by
Seller's Agent
Dan Tan
TANDEM REAL ESTATE. INC.
Buyer's Agent
Dan Tan
TANDEM REAL ESTATE. INC.
List Price
$1,080,000
Sold Price
$1,060,000
Premium/Discount to List
-$20,000
-1.85%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.11%
Original Mortgage
$730,000
Outstanding Balance
$610,093
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$1,030,948
Purchase Details
Closed on
Jul 12, 2011
Sold by
Bought by
Purchase Details
Closed on
Jun 23, 2011
Sold by
Bought by
Purchase Details
Closed on
Jan 20, 2010
Sold by
Bought by
Purchase Details
Closed on
May 16, 2008
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,500
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 29, 2008
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,500
Interest Rate
5.65%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 30, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.8%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Oct 2, 1995
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
7.25%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| -- | None Available | ||
| $1,060,000 | Stewart Title | ||
| -- | Accommodation | ||
| -- | None Available | ||
| -- | None Available | ||
| $395,000 | Southland Title Company | ||
| -- | Investors Title Company | ||
| $400,000 | Southland Title | ||
| $135,000 | Orange Coast Title |
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 | $730,000 | ||
| Previous Owner | $276,500 | ||
| Previous Owner | $304,500 | ||
| Previous Owner | $200,000 | ||
| Previous Owner | $94,500 |
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 |
|---|---|---|---|---|
| 09/13/2017 09/13/17 | Sold | $1,060,000 | 0.0% | $232 / Sq Ft |
| 07/19/2017 07/19/17 | Pending | -- | -- | -- |
| 07/14/2017 07/14/17 | Off Market | $1,060,000 | -- | -- |
| 06/27/2017 06/27/17 | For Sale | $1,080,000 | 0.0% | $236 / Sq Ft |
| 03/16/2015 03/16/15 | Rented | $5,500 | +124.5% | -- |
| 02/14/2015 02/14/15 | Under Contract | -- | -- | -- |
| 01/20/2015 01/20/15 | For Rent | $2,450 | +6.5% | -- |
| 08/20/2014 08/20/14 | Rented | $2,300 | 0.0% | -- |
| 08/20/2014 08/20/14 | For Rent | $2,300 | -- | -- |
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 |
|---|---|---|---|---|
| 2025 | $17,998 | $1,206,094 | $482,437 | $723,657 |
| 2024 | $16,633 | $1,182,446 | $472,978 | $709,468 |
| 2023 | $16,307 | $1,159,261 | $463,704 | $695,557 |
| 2022 | $15,702 | $1,136,531 | $454,612 | $681,919 |
| 2021 | $15,960 | $1,114,248 | $445,699 | $668,549 |
| 2020 | $15,864 | $1,102,823 | $441,129 | $661,694 |
| 2019 | $16,236 | $1,081,200 | $432,480 | $648,720 |
| 2018 | $15,814 | $1,060,000 | $424,000 | $636,000 |
| 2016 | $13,104 | $873,796 | $520,117 | $353,679 |
| 2015 | $12,955 | $860,672 | $512,305 | $348,367 |
| 2014 | $12,436 | $843,813 | $502,270 | $341,543 |
Source: Public Records
Agents Affiliated with this Home
-
Dan Tan
-
E
Buyer's Agent in 2015
ELVIDA SANTOS
SYNERGY GROUP AN REO DIVISION
-
Vicky Zhang
Buyer's Agent in 2014
Vicky Zhang
STAR MAX REATLY
(626) 922-8819
18 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV17144633
APN: 8569-008-014
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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