$1,710,000
SOLD JUN 16, 2025
8 Beds
5 Baths
4,546 Sq Ft
0.43 Acres

Recently Sold

$376 Per Sq Ft

32% Above List Price

20 Days on Market

Highlights

  • 0.43 Acre Lot
  • Traditional Architecture
  • Fenced Yard
  • Arroyo High School Rated A-
  • Double Oven
  • Tandem Parking

About This Home

As of June 2025

Rare Opportunity to own a 5-Unit apartment building located in El Monte, zoned R4. For sale AFTER 20 years! Existing living area is approx. 4,546 sq. ft. on a large 18,820 lot sq. ft. Unit mix 1 x 4 bed 2 bath, 2 x 3 bed 1 bath, and 2 x 1 bed 1 bath residential units. All units are separately metered for both gas and electricity. Tenants are responsible for gas and electricity. Sold AS IS and WHERE IS, with all faults, and without warranty, express or implied, with current tenant(s) in place. Easy access to parks, shopping, dining options, entertainment, and San Gabriel Airport. Excellent opportunity for an experienced investor to acquire a 5-unit apartment with considerable value-add potential.

Last Agent to Sell the Property

Vinny Jain

Ingenious Asset Group, Inc. License #01413466 Listed on: 04/10/2025

Last Buyer's Agent

Cora Chu

IRN REALTY License #01962391

IRN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,354

Year Built

  • Built in 1962

Lot Details

  • 0.43 Acre Lot
  • North Facing Home
  • Fenced Yard
  • Level Lot
  • Back and Front Yard
  • Property is zoned EMR4YY

Home Design

  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Shingle Roof

Interior Spaces

  • 4,546 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Living Room
  • Dining Area
  • Tile Flooring
  • Property Views

Kitchen

  • Double Oven
  • Gas and Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Window Bars
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 10 Parking Spaces
  • Tandem Parking
  • Driveway
  • Uncovered Parking
  • Assigned Parking

Utilities

  • Heating System Mounted To A Wall or Window
  • Property is located within a water district
  • Gas Water Heater
  • Sewer in Street

Additional Features

  • Shed
  • City Lot

Community Details

  • 5 Units
  • Ingenious Asset Group, Inc. Association

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 8570-006-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,354

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: Rare Opportunity to own a 5-Unit apartment building located in El Monte, zoned R4. For sale AFTER 20 years! Existing living area is approx. 4,546 sq. ft. on a large 18,820 lot sq. ft. Unit mix 1 x 4 bed 2 bath, 2 x 3 bed 1 bath, and 2 x 1 bed 1 bath residential units. All units are separately metered for both gas and electricity. Tenants are responsible for gas and electricity. Sold AS IS and WHERE IS, with all faults, and without warranty, express or implied, with current tenant(s) in place. Easy access to parks, shopping, dining options, entertainment, and San Gabriel Airport. Excellent opportunity for an experienced investor to acquire a 5-unit apartment with considerable value-add potential.
  • Entry Location: Living Room
  • Exclusions: tenant personal belongings not included
  • Living Area: 4546
  • Lot Acreage: 0.4322
  • Property Condition: Repair Cosmetic
  • Year Built: 1962
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Interior Amenities: Recessed Lighting
  • Flooring: Tile
  • Appliances: Gas/Electric Range, Double Oven, Microwave, Oven
  • Bedrooms: 8
  • Common Walls: Detached/No Common Walls
  • Bathroom Features: Shower Over Tub, Fiberglass Shower Enclosure, Tile, Shower Stall
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Counter Top
  • Laundry: Inside, Laundry Area
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Ceiling Fan, Washer, Dryer, Microwave, Range/Oven
  • Price Per S Q F T: 285.97

Exterior Features

  • Direction Faces: North
  • Other Structures: Shed(s)
  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Shingle
  • Spa Yn: No
  • View: Walk Street
  • View: Yes

Garage/Parking

  • Parking Garage: Parking Space, Assigned, Driveway, Uncovered, Tandem
  • Total Parking: 10

Utilities

  • Water Heater: Water Heater Unit, Gas
  • Cooling: Ceiling Fan
  • Heating: Wall
  • Security: Carbon Monoxide Detector(s), Smoke Detector, Window Bars
  • Sewer: In Street
  • Water: District
  • Water Heaters: Yes

Condo/Co-op/Association

  • Management Company: Ingenious Asset Group, Inc.
  • Mgmt Co Phone: 3109972552|

Lot Info

  • Assessed Improvement Percent: 53.33
  • Assessed Improvement Value: 546624
  • Assessed Land Percent: 46.67
  • Assessed Land Value: 478296
  • Total Assessed Value: 1024920
  • Assessor Parcel Number: 8570-006-019
  • Lot Description: Walk Street, Lot-Level/Flat, Front Yard, Fenced Yard, Yard, Back Yard
  • Lot Location: City, Flats
  • Lot Size Area: 18820

Rental Info

  • Total Actual Rent: 10749.00
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 10.08
  • Number Of Units: 5
  • Total Annual Expense: 39724
  • Type Of Units: Residential
  • Vacancy Allow: 6449
  • Vacancy Allow Percent: 5.00
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2005
Sold by
Garcia Concha
Bought by
Tiger Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 23, 2004
Sold by
Garcia Concha and Garica Concha
Bought by
Tiger Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,900
Interest Rate
5.67%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- First American Title
Grant Deed $750,000 Fatcola
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $800,000 Commercial
Closed $100,000 Commercial
Previous Owner $392,900 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 Sold $1,710,000 +31.5% $376 / Sq Ft
04/30/2025 04/30/25 Pending -- -- --
04/10/2025 04/10/25 For Sale $1,300,000 -- $286 / Sq Ft
Source: The MLS

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 $15,354 $1,045,417 $487,861 $557,556
2024 $15,354 $1,024,920 $478,296 $546,624
2023 $15,066 $1,004,824 $468,918 $535,906
2022 $14,535 $985,123 $459,724 $525,399
2021 $14,716 $965,808 $450,710 $515,098
2020 $14,676 $955,906 $446,089 $509,817
2019 $14,995 $937,164 $437,343 $499,821
2018 $14,641 $918,789 $428,768 $490,021
2016 $14,007 $883,113 $412,119 $470,994
2015 $13,852 $869,849 $405,929 $463,920
2014 $13,345 $852,811 $397,978 $454,833
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25521175

The MLS

APN: 8570-006-019