NOT LISTED FOR SALE

11363 Medina Ct El Monte, CA 91731

Norwood Cherrylee Neighborhood

Estimated Value: $714,006 - $946,000

3 Beds
2 Baths
1,505 Sq Ft
$546/Sq Ft Est. Value

Last Sold September 14, 2016

Last sale price $442,000 $294 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $4,954/month

83 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Heating System Uses Natural Gas
  • Arroyo High School Rated A-
  • Laundry Room

About This Home

As of September 2016

Priced to sell! Convenient Location! No rent control 3 unit triplex! Great income property and investment opportunity! Right off the 10 Freeway, Major cross street Peck Rd, Across from Longo Lexus/Longo Toyota. Owner-occupy one unit and rent two units out. Front unit is 11363. Middle unit is 11363 1/4. Back unit is 11363 1/2. Middle and back unit share a gas meter. Individual washer and dryer hookups in the front unit and back unit only. First time on the market in 42 years. See attached supplements. Property needs repairs. Sold in "As-Is" condition. Seller will make no repairs. All units to be delivered vacant. ***CASH OFFERS ONLY*** This is a perfect opportunity to customize your property and maximize your rental income!

Last Agent to Sell the Property

Joy Chiou

Capital Investments Real Estat License #01878589 Listed on: 06/02/2016

Last Buyer's Agent

Kevin Lee

Berkshire Hathaway HomeServices California Properties License #01720786

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,372

Year Built

  • Built in 1944

Lot Details

  • 5,527 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • 1,505 Sq Ft Home

Kitchen

  • Gas Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Parking

  • Parking Available
  • Shared Driveway

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot A
  • Tax Tract Number 4327
  • Assessor Parcel Number 8568021020

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Gas Meter
  • Electric Expense $240
  • Insurance Expense $2,400
  • Trash Expense $1,500
  • Water Sewer Expense $1,200
  • New Taxes Expense $6,725
  • Net Operating Income $25,735

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,372

Year Built

Built in 1944

Lot Details

0

Listing Details

  • CapRate: 5.00
  • Other Phone Description: (626) 833-8143
  • Property Attached: No
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Parcel Number: 8568021020
  • Year Built: 1944
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 293.69

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Shared Driveway

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Heating Type: Natural Gas
  • Laundry Features: Gas & Electric Dryer Hookup
  • Trash Expense: 1500.00
  • Water Source: Public
  • Cooling: Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5527.00
  • Price Per Lot Square Foot: 79.25

Multi Family

  • Electric Expense: 240.00
  • Gross Scheduled Income: 38400.00
  • Insurance Expense: 2400.00
  • Net Operating Income: 25735.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 12665.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 6725.00
  • Tax Lot: A
  • Tax Tract Number: 4327.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2016
Sold by
Aragon Ida and The Ida Aragon Living Trust
Bought by
Diamond Ivy Llc
Current Estimated Value
$821,002

Purchase Details

Closed on
May 17, 2016
Sold by
Aragon Ida Almada
Bought by
Aragon Ida and The Ida Aragon Living Trust
Source: Public Records

Range of Values:

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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
Diamond Ivy Llc $442,000 Ticor Title Company
Aragon Ida -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2016 09/14/16 Sold $442,000 +0.9% $294 / Sq Ft
08/24/2016 08/24/16 Pending -- -- --
08/22/2016 08/22/16 Price Changed $438,000 -5.8% $291 / Sq Ft
07/29/2016 07/29/16 Price Changed $465,000 -6.8% $309 / Sq Ft
06/02/2016 06/02/16 For Sale $498,888 -- $331 / 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 $7,372 $512,972 $396,916 $116,056
2024 $7,372 $502,915 $389,134 $113,781
2023 $7,228 $493,054 $381,504 $111,550
2022 $6,965 $483,387 $374,024 $109,363
2021 $7,053 $473,910 $366,691 $107,219
2020 $7,033 $469,052 $362,932 $106,120
2019 $7,189 $459,856 $355,816 $104,040
2018 $7,048 $450,840 $348,840 $102,000
2016 $1,083 $31,023 $11,366 $19,657
2015 $1,068 $30,558 $11,196 $19,362
2014 -- $29,960 $10,977 $18,983
Source: Public Records

Agents Affiliated with this Home

  • Joy Chiou

    Seller's Agent in 2016

    Joy Chiou

    Capital Investments Real Estat

    (626) 872-6039

    4 Total Sales

    Joy Chiou
    Section Image
  • Kevin Lee

    Buyer's Agent in 2016

    Kevin Lee

    Berkshire Hathaway HomeServices California Properties

    (626) 975-2521

    1 in this area

    87 Total Sales

    Kevin Lee
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS16118833

California Regional Multiple Listing Service (CRMLS)

APN: 8568-021-020

California Los Angeles County El Monte 91731 Norwood Cherrylee

11363 Medina Ct, El Monte, CA

This home is located at 11363 Medina Ct, El Monte, CA 91731 since 02 June 2016 and is currently estimated at $821,002, approximately $545 per square foot. This property was built in 1944. 11363 Medina Ct is a home located in Los Angeles County with nearby schools including Legore Elementary School, Wright Elementary School, and Arroyo High 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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