NOT LISTED FOR SALE
2 Beds
1 Bath
5,200 Sq Ft
6,360 Sq Ft Lot

Last Sold April 19, 2013

Last sale price $752,000 $145 Per Sq Ft

11 Days on Market

About This Home

As of April 2013

Six-unit apartment building in El Monte, non-rent control. All units are 2 bedrooms 1 bath; approximately 867 SQFT each. The units are individually metered for gas and electricity and each unit has its own water heater. The apartments also has six gated carport spaces. Apartment has some very long term tenants that provides rent stability and very good cash flow.

Last Agent to Sell the Property

Raymond Ho

G E PROPERTY DEVELOPMENT License #01868322 Listed on: 03/08/2013

Last Buyer's Agent

Raymond Ho

G E PROPERTY DEVELOPMENT License #01868322 Listed on: 03/08/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 6,355 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 5,200 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 6 Parking Spaces
  • Carport
  • Parking Available

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 23323
  • Assessor Parcel Number 8105019021

Community Details

Overview

  • 6 Units

Building Details

  • 6 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Maintenance Expense $2,000
  • Water Sewer Expense $4,000
  • New Taxes Expense $12,268
  • Gross Income $6,145
  • Net Operating Income $53,672

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

6,355 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 4000.00
  • Property Type: Residential Income
  • Parcel Number: 8105019021
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 144.62

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6355.00
  • Lot Size Acres: 0.1460

Multi Family

  • Gross Income: 6145.00
  • Gross Scheduled Income: 73740.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 6355.0000 Square Feet
  • Maintenance Expense: 2000.00
  • Net Operating Income: 53672.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 20068.00
  • Rent Control: No
  • Total Actual Rent: 6145.00

Tax Info

  • New Taxes Expense: 12268.00
  • Tax Lot: 4
  • Tax Tract Number: 23323
  • Tax Year: 2011
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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
04/19/2013 04/19/13 Sold $752,000 -1.7% $145 / Sq Ft
03/19/2013 03/19/13 Pending -- -- --
03/08/2013 03/08/13 For Sale $765,000 -- $147 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $17,143 $926,021 $369,423 $556,598
2024 $17,143 $907,865 $362,180 $545,685
2023 $16,462 $890,065 $355,079 $534,986
2022 $16,174 $872,614 $348,117 $524,497
2021 $15,815 $855,505 $341,292 $514,213
2019 $15,343 $830,132 $331,170 $498,962
2018 $14,681 $813,856 $324,677 $489,179
2016 $13,514 $782,255 $312,070 $470,185
2015 $13,345 $770,506 $307,383 $463,123
2014 $13,078 $755,414 $301,362 $454,052
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS13041316

California Regional Multiple Listing Service (CRMLS)
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