NOT LISTED FOR SALE

Estimated Value: $1,369,000 - $1,779,000

6 Beds
4 Baths
3,026 Sq Ft
$535/Sq Ft Est. Value

Last Sold November 18, 2021

Last sale price $1,500,000 $496 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $10,176/month

14 Days on Market

Highlights

  • Primary Bedroom Suite
  • Wood Flooring
  • Living Room
  • 0.67 Acre Lot
  • No HOA
  • Laundry Room

About This Home

As of November 2021

Calling all Investors! Maximize the potential of this 29,000+ lot for additions! Great North EL Monte location, with 3 individual single-level homes, each with their own property address: 11414 Lambert, 11420 Lambert, and 11381 Frankmont. It's like owning 3 single family homes in one lot! Investors, this lot offers enormous potential to add more homes to increase both rental income and assets! 11381 Frankmont (2Beds+2Baths) features 2 large bedroom and 2 baths, 11424 Lambert (2Beds+1Bath)& 11420 Lambert (2Beds+1Bath)are each 2 Bed & 1 Baths single family dwellings. All tenants are on a month to month lease. Surrounding by newer developments, this property is conveniently located near shopping, school, restaurant and park.

Last Agent to Sell the Property

Danny Hy

Pinnacle Real Estate Group License #01917877 Listed on: 09/21/2021

Pinnacle Real Estate Group

Last Buyer's Agent

Danny Hy

Pinnacle Real Estate Group License #01917877 Listed on: 09/21/2021

Pinnacle Real Estate Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 0.67 Acre Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage

Home Design

  • Triplex

Interior Spaces

  • 3,026 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Suite
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 3
  • Tax Tract Number 8329
  • Assessor Parcel Number 8569001006

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $1,800
  • Trash Expense $360
  • Operating Expense $2,160
  • Gross Income $57,768
  • Net Operating Income $55,608

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0.67 Acres

Parking

3

Listing Details

  • Property Attached: No
  • Zoning: EMR1B*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 8569001006
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Levels: One
  • Price Per Square Foot: 495.70
  • Room Type: All Bedrooms Down, Family Room, Living Room, Master Suite

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 360.00
  • Water Source: Public

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: 29393.00
  • Lot Size Acres: 0.6748

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 57768.00
  • Gross Scheduled Income: 57768.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 29393.0000 Square Feet
  • Net Operating Income: 55608.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 2160.00
  • Rent Control: No
  • Total Expenses: 2160.00

Tax Info

  • Tax Census Tract: 4324.02
  • Tax Lot: 3
  • Tax Tract Number: 8329

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2022
Sold by
James Voong
Bought by
Jvrei Llc
Current Estimated Value
$1,617,976

Purchase Details

Listed on
Sep 21, 2021
Closed on
Nov 17, 2021
Sold by
Pham Hoang Trung Xuan and Trung Living Trust
Bought by
Voong James
Seller's Agent
Danny Hy
Pinnacle Real Estate Group
Buyer's Agent
Danny Hy
Pinnacle Real Estate Group
List Price
$1,495,000
Sold Price
$1,500,000
Premium/Discount to List
$5,000
0.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.78%
Original Mortgage
$849,000
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2019
Sold by
Pham Dzung Xuan and Tran Hoang Thi
Bought by
Xuan Hoany Trung and Trung Living Trust

Purchase Details

Listed on
Jun 4, 2018
Closed on
Jul 9, 2018
Sold by
Jenkins Thomas R
Bought by
Pham Dzung Xuan and Tran Hoang Thi
Seller's Agent
Jeannie Vukovich
Coldwell Banker Realty
Buyer's Agent
Danny Hy
Pinnacle Real Estate Group
List Price
$1,088,000
Sold Price
$1,050,000
Premium/Discount to List
-$38,000
-3.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.83%

Purchase Details

Closed on
May 21, 2003
Sold by
Jenkins Mabel E and The Mabel E Jenkins Trust
Bought by
Jenkins Mabel E and Jenkins Thomas R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 8, 2002
Sold by
Jenkins Mabel E
Bought by
Jenkins Mabel E and Mabel E Jenkins Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jvrei Llc -- None Listed On Document
Voong James $1,500,000 Ticor Title Company Of Ca
Xuan Hoany Trung $1,350,000 Ticor Title Company Of Ca
Pham Dzung Xuan $1,050,000 Equity Title Company
Jenkins Mabel E -- Fidelity National Title Co
Jenkins Mabel E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Voong James $849,000
Previous Owner Jenkins Mabel E $235,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/18/2021 11/18/21 Sold $1,500,000 +0.3% $496 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
09/21/2021 09/21/21 For Sale $1,495,000 +42.4% $494 / Sq Ft
07/19/2018 07/19/18 Sold $1,050,000 -3.5% $366 / Sq Ft View Prior Sale
07/12/2018 07/12/18 Pending -- -- --
07/10/2018 07/10/18 For Sale $1,088,000 0.0% $379 / Sq Ft
06/28/2018 06/28/18 Pending -- -- --
06/04/2018 06/04/18 For Sale $1,088,000 -- $379 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $22,389 $1,652,299 $1,156,716 $495,583
2024 $22,389 $1,619,902 $1,134,036 $485,866
2023 $21,191 $1,530,000 $1,071,000 $459,000
2022 $20,399 $1,500,000 $1,050,000 $450,000
2021 $19,288 $1,363,985 $913,870 $450,115
2020 $19,234 $1,350,000 $904,500 $445,500
2019 $15,829 $1,050,000 $700,000 $350,000
2018 $5,588 $298,527 $184,138 $114,389
2016 $5,587 $286,938 $176,989 $109,949
2015 $5,235 $282,629 $174,331 $108,298
2014 $4,913 $277,094 $170,917 $106,177
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR21192704

California Regional Multiple Listing Service (CRMLS)

APN: 8569-001-006

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