NOT LISTED FOR SALE

11202 Klingerman St El Monte, CA 91733

Mountain View Neighborhood
24 Beds
24 Baths
11,748 Sq Ft
0.29 Acres

Last Sold October 21, 2017

Last sale price $3,000,000 $255 Per Sq Ft

36 Days on Market

Highlights

  • Laundry Room
  • Attached Carport
  • Carpet

About This Home

As of October 2017

The subject property addresses are 11202 & 11208 and are 20 unit NON rent control apartment buildings located in the strong rental market of El Monte. Built in 1958, this two-story garden style building consists of two building with 10 units each and an excellent unit mix of 16- 1 bed+1 bath and 4- 2 bed+ 2 bath units which are bright and spacious.There are 20 tuck under, carport style parking spaces for the tenants couple with street parking along with 2 on-site laundry units for the convenience of the tenants. The property has security gates and the front and rear of the building and all units are individually metered for Gas and Electricity Tremendous Value Add opportunity with aggressive Upside! Approx. 70% of the units are remodeled and/or upgraded! Includes APN 8105-020-004* Excellent Unit Mix: 16- 1+1 and 4- 2+2 *Year Built : 1958 *Building sqft: 11,748 * Lot sqft: 12,476* Current Cap: 5.66% * Market Cap: 11.76% * Current GRM: 11.81 * Market GRM: 8.33* Cost per Unit: $135,000 * Cost per sqft: $229.83

Last Agent to Sell the Property

Richard Perez

Berkshire Hathaway Home Servic License #00912182 Listed on: 08/24/2017

Berkshire Hathaway Home Servic

Last Buyer's Agent

Lynette Sohl

Berkshire Hathaway HomeServices California Properties License #1256496

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 0.29

Parking

  • 20 Car Garage
  • Attached Carport
  • Parking Available

Home Design

  • Property Attached

Interior Spaces

  • 2-Story Property
  • Laundry Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 24 Bedrooms
  • 24 Bathrooms

Additional Features

  • 0.29 Acre Lot
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 8150020003

Community Details

Overview

  • 20 Units
  • Not Applicable 1007242 Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 20 Leased Units
  • 22 Separate Electric Meters
  • 22 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $20

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Parking

20

Listing Details

  • CapRate: 5.66
  • Property Attached: Yes
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: EMR3
  • Property Type: Residential Income
  • Parcel Number: 8150020003
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Total Bedrooms: 24
  • Levels: Two

Garage/Parking

  • Garage Spaces: 20.00
  • Parking: Yes
  • Parking Features: Attached Carport
  • Total Parking Spaces: 20.00

Utilities

  • Laundry: Yes
  • Appliances: Gas Water Heater
  • Laundry Features: Community

Lot Info

  • Lot Size Sq Ft: 12476.00
  • Lot Size Acres: 0.2900

Multi Family

  • Gross Multiplier: 11.81
  • Gross Operating Income: 20.00
  • Lot Size Area: 12476.0000 Square Feet
  • Number Of Separate Electric Meters: 22
  • Number Of Separate Gas Meters: 22
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 20
  • Number Of Units Total: 20

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
10/21/2017 10/21/17 Sold $3,000,000 +11.1% $255 / Sq Ft
09/29/2017 09/29/17 Pending -- -- --
08/24/2017 08/24/17 For Sale $2,700,000 -- $230 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Richard Perez

    Berkshire Hathaway Home Servic

    (626) 755-7215

    4 Total Sales

    Richard Perez
    Section Image
  • Lynette Sohl

    Seller Co-Listing Agent in 2017

    Lynette Sohl

    Berkshire Hathaway Home Servic

    (626) 440-5100

    40 Total Sales

    Lynette Sohl
    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-817001503

Pasadena-Foothills Association of REALTORS®

California Los Angeles County El Monte 91733 Mountain View

11202 Klingerman St, El Monte, CA

This home is located at 11202 Klingerman St, El Monte, CA 91733 since 24 August 2017. This property was built in 1958. 11202 Klingerman St is a home located in Los Angeles County with nearby schools including South El Monte High School, Epiphany Catholic 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.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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