11149 Klingerman St El Monte, CA 91733
Mountain View NeighborhoodEstimated Value: $852,000 - $1,080,000
4
Beds
2
Baths
1,790
Sq Ft
$519/Sq Ft
Est. Value
Highlights
- 0.3 Acre Lot
- El Monte High School Rated A-
- Wooded Lot
About This Home
As of March 2020*Must be sold with 11203 Klingerman St for a total price of $1,825,000. 11149 – 11203 Klingerman St is two side-by-side multifamily properties totaling 6 units. The unit mix of 11149 Klingerman Street consists of (1) 3-bed/1-bath unit and (1) 1-bed/1-bath unit; 11203 Klingerman includes (2) 3-bed/1-bath units and (2) 2-bed/1-bath units. Both parcels are zoned R3 and create a combined total lot size of 29,568 square feet. This 6-unit property is well situated in El Monte just minutes away from the Santa Fe Trail Plaza, the newly renovated El Monte Metro Station, and the upcoming El Monte Gateway project. This is an excellent development or value-add investment opportunity with immediate upside potential!
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. License #01717818 Listed on: 11/19/2019
Last Buyer's Agent
Lyon Stahl Investment Real Estate, Inc. License #01717818 Listed on: 11/19/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,007
Year Built
- Built in 1942
Lot Details
- 0.3 Acre Lot
- No Common Walls
- Wooded Lot
Parking
- 3 Parking Spaces
Home Design
- 1,790 Sq Ft Home
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Utilities
- Sewer Not Available
Listing and Financial Details
- Tax Lot 15
- Tax Tract Number 11253
- Assessor Parcel Number 8105018022
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- 2 Separate Electric Meters
- 12 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $716
- Maintenance Expense $1,067
- Other Expense $1,600
- New Taxes Expense $10,125
- Operating Expense $14,708
- Gross Income $33,801
- Net Operating Income $19,093
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 23, 2019
Sold by
Norman Patricia and Erwin James
Bought by
Zhang Xin and Wen Fannie
Total Days on Market
29
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.6%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 10, 2019
Sold by
Erwin Gwen
Bought by
Norman Patricia and Erwin James
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.6%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 28, 2017
Sold by
Erwin Gwen
Bought by
Erwin Gwen and Gwen Erwin Trust
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zhang Xin | $1,635,000 | Ticor Ttl Orange Cnty Branch | |
| Erwin Gwen | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Zhang Xin | $750,000 | |
| Previous Owner | Erwin Gwen | $249,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/05/2020 03/05/20 | Sold | $817,500 | +21.1% | $457 / Sq Ft |
| 12/18/2019 12/18/19 | Pending | -- | -- | -- |
| 12/02/2019 12/02/19 | Price Changed | $675,000 | -63.0% | $377 / Sq Ft |
| 11/19/2019 11/19/19 | For Sale | $1,825,000 | -- | $1,020 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $9,007 | $605,790 | $413,867 | $191,923 |
| 2023 | $8,868 | $593,912 | $405,752 | $188,160 |
| 2022 | $8,544 | $582,268 | $397,797 | $184,471 |
| 2021 | $8,747 | $570,852 | $389,998 | $180,854 |
| 2020 | $1,658 | $43,895 | $22,168 | $21,727 |
| 2019 | $1,654 | $43,035 | $21,734 | $21,301 |
| 2018 | $1,456 | $42,192 | $21,308 | $20,884 |
| 2016 | $1,330 | $40,556 | $20,482 | $20,074 |
| 2015 | $1,318 | $39,948 | $20,175 | $19,773 |
| 2014 | -- | $39,166 | $19,780 | $19,386 |
Source: Public Records
Agents Affiliated with this Home
-
Brett Lyon
Seller's Agent in 2020
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
141 Total Sales
-
Woody Stahl
Seller Co-Listing Agent in 2020
Woody Stahl
Lyon Stahl Investment Real Est
(310) 710-3829
153 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB19268100
APN: 8105-018-022
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