NOT LISTED FOR SALE

11047 Lower Azusa Rd El Monte, CA 91731

Norwood Cherrylee Neighborhood
40 Beds
20 Baths
15,600 Sq Ft
0.43 Acres

Last Sold October 15, 2021

Last sale price $4,875,000 $312 Per Sq Ft

128 Days on Market

Highlights

  • 0.43 Acre Lot
  • No HOA
  • ENERGY STAR Qualified Equipment for Heating
  • Arroyo High School Rated A-
  • Laundry Room
  • Heating Available

About This Home

As of October 2021

Good rental area. Next door to Arcadia. All 20 Apartment Units are 2 bedrooms, 1 bath total 15,600 sqft sitting on an 18,940 sqft lot. 2 buildings, each address is 11045 Lower Azusa Road and 11049 Lower Azusa Road, and the assessor office address for both building is 11047 Lower Azusa Road

Last Agent to Sell the Property

Kathleen Yue

Fortuna Realty License #00602843 Listed on: 04/27/2021

Last Buyer's Agent

Kathleen Yue

Fortuna Realty License #00602843 Listed on: 04/27/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 0.43 Acre Lot
  • Two or More Common Walls

Home Design

  • Apartment

Interior Spaces

  • 15,600 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 40 Bedrooms
  • 20 Bathrooms

Parking

  • 6 Parking Spaces
  • 6 Carport Spaces
  • Parking Available
  • Assigned Parking

Additional Features

  • ENERGY STAR Qualified Equipment for Heating
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 14
  • Assessor Parcel Number 8538002017

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 20 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 22 Separate Electric Meters
  • 22 Separate Gas Meters
  • 2 Separate Water Meters
  • Operating Expense $81,024
  • Net Operating Income $202,901

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Price Per Unit: 255000
  • Property Attached: Yes
  • Zoning: EMR4*
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 8538002017
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 312.50

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned, Carport
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: ENERGY STAR Qualified Equipment
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 18940.00
  • Lot Size Acres: 0.4348

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Scheduled Income: 283925.00
  • Laundry Income: 400.00
  • Lot Size Area: 18940.0000 Square Feet
  • Net Operating Income: 202901.00
  • Number Of Separate Electric Meters: 22
  • Number Of Separate Gas Meters: 22
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 20
  • Rent Control: Yes
  • Total Expenses: 81024.00

Tax Info

  • Tax Census Tract: 4324.01
  • Tax Lot: 14

Range of Values:

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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
10/15/2021 10/15/21 Sold $4,875,000 -4.4% $313 / Sq Ft
09/02/2021 09/02/21 Pending -- -- --
04/27/2021 04/27/21 For Sale $5,100,000 -- $327 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kathleen Yue

    Seller's Agent in 2021

    Kathleen Yue

    Fortuna Realty

    (626) 372-2709

    1 in this area

    4 Total Sales

    Kathleen Yue
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS21081610

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County El Monte 91731 Norwood Cherrylee

11047 Lower Azusa Rd, El Monte, CA

This home is located at 11047 Lower Azusa Rd, El Monte, CA 91731 since 27 April 2021. This property was built in 1962. 11047 Lower Azusa Rd is a home located in Los Angeles County with nearby schools including Rio Hondo School, Arroyo High School, and Shield of Faith Christian School.

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.

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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