NOT LISTED FOR SALE

11102 Lambert Ave El Monte, CA 91731

Norwood Cherrylee Neighborhood
4 Beds
3 Baths
7,902 Sq Ft
0.44 Acres

Last Sold July 19, 2013

Last sale price $1,320,000 $167 Per Sq Ft

Highlights

  • 0.44 Acre Lot
  • End Unit
  • Landscaped

About This Home

As of July 2013

We are pleased to exclusively offer for sale this 8 unit multi-family property in North El Monte. The subject property consists of a newly remodeled single family residence offering two bedrooms, a large separate dining room and family room and two bathrooms. In addition this unit comes with its own dedicated two-car garage. The second structure consists of seven LARGE two-bedroom units of which utilize onsite carport parking. All tenants have access to an onsite laundry room and large grass area at the back of the property for entertaining.

Last Agent to Sell the Property

Kristopher German

RE/MAX 2000 REALTY License #01800021 Listed on: 06/27/2013

RE/MAX 2000 REALTY

Last Buyer's Agent

Kristopher German

RE/MAX 2000 REALTY License #01800021 Listed on: 06/27/2013

RE/MAX 2000 REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 0.44 Acre Lot
  • End Unit
  • Landscaped

Parking

  • 2 Car Garage

Home Design

  • 7,902 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tax Lot 8569
  • Tax Tract Number 1
  • Assessor Parcel Number 8569007001

Community Details

Overview

  • 2 Buildings
  • 8 Units

Building Details

  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $912
  • Insurance Expense $2,766
  • Maintenance Expense $6,984
  • Trash Expense $4,014
  • Water Sewer Expense $4,660
  • New Taxes Expense $16,563
  • Gross Income $9,800
  • Net Operating Income $77,625

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • CapRate: 5.86
  • Property Attached: Yes
  • Water Sewer Expenses: 4660.00
  • Property Type: Residential Income
  • Parcel Number: 8569007001
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: End Unit
  • Price Per Square Foot: 167.05

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 4014.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Landscaped
  • Lot Size Sq Ft: 18936.00
  • Lot Size Acres: 0.4350

Multi Family

  • Electric Expense: 912.00
  • Gross Income: 9800.00
  • Gross Multiplier: 11.04
  • Gross Scheduled Income: 117600.00
  • Gross Spendable Income: 117600.00
  • Insurance Expense: 2766.00
  • Lot Size Area: 18936.0000 Square Feet
  • Maintenance Expense: 6984.00
  • Net Operating Income: 77625.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 38775.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 16563.00
  • Tax Lot: 8569
  • Tax Tract Number: 001
  • Tax Year: 2012

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
07/19/2013 07/19/13 Sold $1,320,000 -0.4% $167 / Sq Ft
06/27/2013 06/27/13 For Sale $1,325,000 -- $168 / Sq Ft
05/29/2013 05/29/13 Pending -- -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kristopher German

    Seller's Agent in 2013

    Kristopher German

    RE/MAX

    (909) 645-0443

    3 in this area

    122 Total Sales

    Kristopher German
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV13124605

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

11102 Lambert Ave, El Monte, CA

Not Listed for Sale

MultiFamily

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