NOT LISTED FOR SALE

11059 Walnut St El Monte, CA 91731

Downtown El Monte Neighborhood

Estimated Value: $1,233,000 - $1,466,000

3 Beds
2 Baths
2,385 Sq Ft
$562/Sq Ft Est. Value

Last Sold August 21, 2024

Last sale price $1,300,000 $545 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $8,188/month

46 Days on Market

Highlights

  • Cooling Available
  • Laundry Room
  • Gas Fireplace
  • El Monte High School Rated A-
  • Heating Available
  • 1-Story Property

About This Home

As of August 2024

This is one of remarkable properties with TOTAL 4 individual cottages and 4 garages. Out of these 4; one of them is brand new. Each units has their own utilities and laundry rooms. It offers individual Cooling and Heating Units.
ALSO ADU has PAID for SOLAR Panels.
TENANTS pay for Gas and Electric.
Landlord pays for Water/Trash

Last Agent to Sell the Property

J.R. Shah

Century 21 Discovery Brokerage Email: jrshah@pacbell.net License #01116918 Listed on: 06/08/2024

Century 21 Discovery

Co-Listed By

Raj Gudapati

Countrywide Group Brokerage Email: jrshah@pacbell.net License #01897788

Last Buyer's Agent

Carlos Barrera

SB REAL ESTATE License #01351042

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $9,185

Year Built

  • Built in 1939

Lot Details

  • 8,506 Sq Ft Lot
  • No Common Walls
  • Density is 11-15 Units/Acre

Parking

  • 5 Car Garage

Interior Spaces

  • 2,385 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling Available
  • Heating Available
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 6
  • Tax Tract Number 6246
  • Assessor Parcel Number 8579016017
  • $951 per year additional tax assessments

Community Details

Overview

  • 4 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $2,550
  • Insurance Expense $2,300
  • Trash Expense $3,600
  • Water Sewer Expense $3,600
  • New Taxes Expense $14,300
  • Operating Expense $26,350
  • Net Operating Income $61,538

Property Details

Home Type

Apartment

Est. Annual Taxes

$9,185

Year Built

Built in 1939

Lot Details

0

Parking

5

Listing Details

  • Price Per Unit: 342000
  • Property Attached: No
  • Water Sewer Expenses: 3600.00
  • Zoning: EMR3YY
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 8579016017
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Fireplace Features: Gas
  • Levels: One
  • Price Per Square Foot: 545.07

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer, Sewer Paid
  • Trash Expense: 3600.00
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 8506.00
  • Lot Size Acres: 0.1953

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 528 Square Feet
  • Average2 Bed Area: 800 Square Feet
  • Electric Expense: 2550.00
  • Gross Scheduled Income: 87912.00
  • Insurance Expense: 2300.00
  • Lot Size Area: 8506.0000 Square Feet
  • Net Operating Income: 61538.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 26350.00
  • Rent Control: No
  • Total Expenses: 26350.00

Tax Info

  • New Taxes Expense: 14300.00
  • Tax Census Tract: 4332.00
  • Tax Lot: 6
  • Tax Tract Number: 6246
  • TaxOtherAnnualAssessmentAmount: 951.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2024
Closed on
Aug 16, 2024
Sold by
Shiau Albert Mg and Shiau Ayeme K
Bought by
Mahalo Joy Investments Llc
Seller's Agent
J.R. Shah
Century 21 Discovery
Buyer's Agent
Carlos Barrera
SB REAL ESTATE
List Price
$1,368,000
Sold Price
$1,300,000
Premium/Discount to List
-$68,000
-4.97%
Views
38
Current Estimated Value
$1,340,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,231
Avg. Annual Appreciation
0.61%
Original Mortgage
$915,000
Outstanding Balance
$908,744
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$398,445

Purchase Details

Listed on
Jun 8, 2024
Closed on
Aug 14, 2024
Sold by
Pi Properties No 79 Llc
Bought by
Shiau Albert Mg and Shiau Ayeme K
Seller's Agent
J.R. Shah
Century 21 Discovery
Buyer's Agent
Carlos Barrera
SB REAL ESTATE
List Price
$1,368,000
Sold Price
$1,300,000
Premium/Discount to List
-$68,000
-4.97%
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$915,000
Outstanding Balance
$908,744
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$398,445

Purchase Details

Listed on
Jun 21, 2017
Closed on
Aug 16, 2017
Sold by
Bricano George A
Bought by
Pi Properties No 79 Llc
Seller's Agent
Ronald Sandoval
THE REALTY SHOP
Buyer's Agent
Rao Yalamanchili
Positive Investments
List Price
$640,000
Sold Price
$565,000
Premium/Discount to List
-$75,000
-11.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.72%

Purchase Details

Closed on
Apr 28, 2006
Sold by
Briceno Felix M
Bought by
Briceno George A
Source: Public Records

Range of Values:

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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
Mahalo Joy Investments Llc -- Chicago Title Company
Shiau Albert Mg $1,300,000 Chicago Title Company
Pi Properties No 79 Llc $565,000 Wfg National Title Company
Briceno George A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shiau Albert Mg $915,000
Previous Owner Pi Properties #79 Llc $565,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2024 08/21/24 Sold $1,300,000 -5.0% $545 / Sq Ft
06/08/2024 06/08/24 For Sale $1,368,000 +142.1% $574 / Sq Ft
09/06/2017 09/06/17 Sold $565,000 -11.7% $357 / Sq Ft
08/11/2017 08/11/17 Pending -- -- --
07/27/2017 07/27/17 For Sale $640,000 0.0% $404 / Sq Ft
07/21/2017 07/21/17 Pending -- -- --
07/19/2017 07/19/17 Price Changed $640,000 -4.5% $404 / Sq Ft
06/21/2017 06/21/17 For Sale $670,000 -- $423 / 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
2024 $9,185 $630,262 $378,157 $252,105
2023 $9,004 $617,905 $370,743 $247,162
2022 $8,676 $605,790 $363,474 $242,316
2021 $8,690 $593,913 $356,348 $237,565
2019 $8,862 $576,540 $345,780 $230,760
2018 $9,243 $565,240 $339,000 $226,240
2016 $2,780 $150,031 $76,516 $73,515
2015 $2,747 $147,778 $75,367 $72,411
2014 $2,671 $144,884 $73,891 $70,993
Source: Public Records

Agents Affiliated with this Home

  • J.R. Shah

    Seller's Agent in 2024

    J.R. Shah

    Century 21 Discovery

    (714) 626-2023

    1 in this area

    56 Total Sales

    J.R. Shah
    Section Image
  • Raj Gudapati

    Seller Co-Listing Agent in 2024

    Raj Gudapati

    Countrywide Group

    (714) 606-2600

    1 in this area

    20 Total Sales

    Raj Gudapati
    Section Image
  • Carlos Barrera

    Buyer's Agent in 2024

    Carlos Barrera

    SB REAL ESTATE

    (626) 653-2160

    1 in this area

    51 Total Sales

    Carlos Barrera
    Section Image
  • Ronald Sandoval

    Seller's Agent in 2017

    Ronald Sandoval

    THE REALTY SHOP

    (909) 241-3362

    40 Total Sales

    Ronald Sandoval
    Section Image

  • R

    Buyer's Agent in 2017

    Rao Yalamanchili

    Positive Investments

    (813) 615-1282

    17 Total Sales

    Rao Yalamanchili
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24114917

California Regional Multiple Listing Service (CRMLS)

APN: 8579-016-017

California Los Angeles County El Monte 91731 Downtown El Monte

11059 Walnut St, El Monte, CA

This home is located at 11059 Walnut St, El Monte, CA 91731 since 08 June 2024 and is currently estimated at $1,340,231, approximately $561 per square foot. This property was built in 1939. 11059 Walnut St is a home located in Los Angeles County with nearby schools including Columbia School, El Monte High School, and New Life 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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