11238 Forest Grove St El Monte, CA 91731
Norwood Cherrylee NeighborhoodHighlights
- No Units Above
- Property is near public transit
- Laundry Room
- 0.42 Acre Lot
- Corner Lot
- 1-Story Property
About This Home
Well-maintained 6-unit multifamily property consisting of all 2-bedroom units situated on a large 18,372 sq ft lot, offering approximately 4,340 sq ft of building area. The property features six one-car garages and washer hookups in each unit. Utilities are individually metered, allowing for efficient expense management. Roof updated in 2026. Four units offer opportunity for rental adjustments. Long term tenants, ownership, and professional management. Conveniently located near Peck Road with access to shopping, schools, and local amenities.
Listing Agent
FERREIRA REALTY Brokerage Phone: 626-448-7882 License #01473057 Listed on: 03/19/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1955
Lot Details
- 0.42 Acre Lot
- No Units Above
- No Units Located Below
- 1 Common Wall
- Corner Lot
- Level Lot
Parking
- 6 Car Garage
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 4,340 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Location
- Property is near public transit
- Suburban Location
Listing and Financial Details
- Tax Lot 23
- Tax Tract Number 7004
- Assessor Parcel Number 8568022020
- $2,541 per year additional tax assessments
Community Details
Overview
- 4 Buildings
- 6 Units
Building Details
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 6 Separate Water Meters
- Professional Management Expense $7,258
- Operating Expense $16,781
- Gross Income $136,080
- Net Operating Income $119,298
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,202 | $163,381 | $71,353 | $92,028 |
| 2024 | $4,202 | $160,178 | $69,954 | $90,224 |
| 2023 | $4,142 | $157,038 | $68,583 | $88,455 |
| 2022 | $3,696 | $153,960 | $67,239 | $86,721 |
| 2021 | $3,682 | $150,942 | $65,921 | $85,021 |
| 2020 | $3,671 | $149,396 | $65,246 | $84,150 |
| 2019 | $3,711 | $146,467 | $63,967 | $82,500 |
| 2018 | $3,412 | $143,596 | $62,713 | $80,883 |
| 2016 | $3,246 | $138,023 | $60,279 | $77,744 |
| 2015 | $3,205 | $135,951 | $59,374 | $76,577 |
| 2014 | $3,151 | $133,288 | $58,211 | $75,077 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/19/2026 03/19/26 | For Sale | $1,895,000 | -- | $437 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV26058037
APN: 8568-022-020
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Ask me questions while you tour the home.