NOT LISTED FOR SALE

11130 Elliott Ave El Monte, CA 91733

Mountain View Neighborhood

Estimated Value: $1,637,292 - $1,886,000

7 Beds
6 Baths
4,009 Sq Ft
$439/Sq Ft Est. Value

Last Sold January 20, 2012

Last sale price $605,000 $151 Per Sq Ft

Est. 191% increase in value since last sale

Current estimated payment $10,613/month

76 Days on Market

About This Home

As of January 2012

Great Rental Property!! 6 units. 1 Triplex and 3 separate houses on a big lot. All units are easy to rent. There is room for increases. ALL UNIT INTERIORS HAVE BEEN REHABBED FOR NEW TENANTS AT ONE POINT over the last 5 years.

Located in a VERY STRONG RENTAL Demographic. Close to shopping, freeways, and transportation. El Monte is one of the most robust rental markets in the area. Please do not disturb tenants.

Last Agent to Sell the Property

John P. Simon Wright

WRIGHT PROPERTY MANAGEMENT License #01479897 Listed on: 08/18/2011

Last Buyer's Agent

KEVIN LAI

AMCA I License #01850347

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,861

Year Built

  • Built in 1955

Lot Details

  • 0.37 Acre Lot

Parking

  • 6 Parking Spaces

Home Design

  • 4,009 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 11253
  • Assessor Parcel Number 8105015023

Community Details

Overview

  • 4 Buildings
  • 6 Units

Building Details

  • 6 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,400
  • Maintenance Expense $3,167
  • Professional Management Expense $3,775
  • Trash Expense $2,410
  • Water Sewer Expense $2,100
  • New Taxes Expense $8,687
  • Gross Income $5,210
  • Net Operating Income $40,729

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,861

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Professional Management Expense: 3775.00
  • Water Sewer Expenses: 2100.00
  • Property Type: Residential Income
  • Parcel Number: 8105015023
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Square Foot: 150.91

Garage/Parking

  • Total Parking Spaces: 6.00

Utilities

  • Trash Expense: 2410.00

Lot Info

  • Lot Size Sq Ft: 16149.00
  • Lot Size Acres: 0.3700

Multi Family

  • Gross Income: 5210.00
  • Gross Scheduled Income: 62520.00
  • Insurance Expense: 1400.00
  • Lot Size Area: 16149.0000 Square Feet
  • Maintenance Expense: 3167.00
  • Net Operating Income: 40729.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 21791.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 8687.00
  • Tax Lot: 18
  • Tax Tract Number: 11253

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2011
Closed on
Jan 6, 2012
Sold by
Cody Isabel D
Bought by
Maxson Investments Llc
Seller's Agent
John P. Simon Wright
WRIGHT PROPERTY MANAGEMENT
Buyer's Agent
KEVIN LAI
AMCA I
List Price
$695,000
Sold Price
$605,000
Premium/Discount to List
-$90,000
-12.95%
Current Estimated Value
$1,758,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,153,100
Avg. Annual Appreciation
8.19%
Original Mortgage
$355,000
Outstanding Balance
$244,557
Interest Rate
3.93%
Mortgage Type
Seller Take Back
Estimated Equity
$1,517,089
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
Maxson Investments Llc $605,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maxson Investments Llc $355,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2012 01/20/12 Sold $605,000 -12.9% $151 / Sq Ft
11/02/2011 11/02/11 Pending -- -- --
08/18/2011 08/18/11 For Sale $695,000 -- $173 / 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
2025 $11,861 $759,903 $502,418 $257,485
2024 $11,861 $745,004 $492,567 $252,437
2023 $11,683 $730,397 $482,909 $247,488
2022 $11,274 $716,077 $473,441 $242,636
2021 $11,502 $702,037 $464,158 $237,879
2020 $11,194 $694,839 $459,399 $235,440
2019 $11,177 $681,216 $450,392 $230,824
2018 $10,581 $667,860 $441,561 $226,299
2016 $9,749 $641,927 $424,415 $217,512
2015 $9,646 $632,285 $418,040 $214,245
2014 $9,481 $619,901 $409,852 $210,049
Source: Public Records

Agents Affiliated with this Home

  • John P. Simon Wright

    Seller's Agent in 2012

    John P. Simon Wright

    WRIGHT PROPERTY MANAGEMENT

    (626) 967-1837

    8 Total Sales

    Section Image

  • K

    Buyer's Agent in 2012

    KEVIN LAI

    AMCA I

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: C11109202

California Regional Multiple Listing Service (CRMLS)

APN: 8105-015-023

California Los Angeles County El Monte 91733 Mountain View

11130 Elliott Ave, El Monte, CA

This home is located at 11130 Elliott Ave, El Monte, CA 91733 since 18 August 2011 and is currently estimated at $1,761,646, approximately $439 per square foot. This property was built in 1955. 11130 Elliott Ave is a home located in Los Angeles County with nearby schools including Baker Elementary, 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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