Nicola Speranta
Compass
(323) 310-3215
101 Total Sales
1 in Norwood Cherrylee
$750,000 Price
11720 Lambert Ave El Monte, CA 91732
Norwood Cherrylee NeighborhoodEstimated Value: $1,318,000 - $1,591,889
8
Beds
5
Baths
3,442
Sq Ft
$422/Sq Ft
Est. Value
Highlights
- 0.54 Acre Lot
- Laundry Facilities
- Back and Front Yard
- No HOA
About This Home
As of January 2022BACK ON THE MARKET! Previous buyer's loss is your gain to this 23,427 sqft lot property. It is a perfect investment to receive passive income of $5350 a month or for new development. Huge upside rental income potential here. Rents currently are very low compared to market rent. Tenants have been paying on-time even during the pandemic. Front unit is 3beds, 2bath rented $1600. 2 back units are 2bedrooms, 1bath each rented for $1500 & $1300; 1bed & 1bath rented for $950/month which is not on title, but per City record, it's a 468 square feet single family dwelling. Please review supplement documents. Expenses is just an estimate.
It’s upper north of El Monte & there are many multiple homes in development or have been re-built in recent years in the neighborhood. The potential is unlimited with this huge lot property. It’s sold AS IS, NO REPAIRS, NO TERMITE WORK, or CREDIT will be provided by seller. Easy access to the 10, 210, 605 freeways, supermarkets, shops, restaurants, and public transportation. Please DO NOT DISTURB occupants.
Last Agent to Sell the Property
BLUE DIAMOND MORTGAGE & REALTY License #01494039 Listed on: 08/11/2021
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1954
Lot Details
- 23,427 Sq Ft Lot
- No Common Walls
- Back and Front Yard
Parking
- 4 Car Garage
Home Design
- 3,442 Sq Ft Home
Bedrooms and Bathrooms
- 8 Bedrooms
- 5 Bathrooms
Listing and Financial Details
- Legal Lot and Block 25 / B
- Tax Tract Number 1
- Assessor Parcel Number 8548011008
- $1,164 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Buildings
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 3 Separate Water Meters
- Electric Expense $2,000
- Insurance Expense $2,000
- Other Expense $600
- Trash Expense $1,508
- Water Sewer Expense $1,632
- Operating Expense $7,740
- Gross Income $64,200
- Net Operating Income $56,460
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 22, 2024
Sold by
Bought by
Current Estimated Value
Purchase Details
Listed on
Aug 11, 2021
Closed on
Jan 11, 2022
Sold by
Bought by
Seller's Agent
Kimberly Le
BLUE DIAMOND MORTGAGE & REALTY
Buyer's Agent
Wilson Fang
Wilson C Fang, BROKER
List Price
$1,299,000
Sold Price
$1,350,000
Premium/Discount to List
$51,000
3.93%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.60%
Original Mortgage
$810,000
Interest Rate
3.11%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 25, 2016
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
3.48%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 25, 2014
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
4.13%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 18, 2000
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
7.9%
Purchase Details
Closed on
Aug 5, 1998
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Norwood Cherrylee, CA
-
Nicola Speranta
-
Kiran Locke
Kiran Locke
Surfside-Anacapa Real Estate
(805) 394-2908
108 Total Sales
1 in Norwood Cherrylee
$1,360,000 Price
-
Joanne Nelson
Joanne Nelson
Equity Union Real Estate
(805) 409-9360
33 Total Sales
2 in Norwood Cherrylee
$1,200,000 Price Range
-
Leslie Cross
Leslie Cross
Townsquare Real Estate Partners Inc.
(626) 657-2932
28 Total Sales
1 in Norwood Cherrylee
$785,000 Price
-
Federico Triebel
Federico Triebel
Federico J. Triebel
(747) 998-0333
24 Total Sales
1 in Norwood Cherrylee
$840,000 Price
-
Monica Olmos
Monica Olmos
Century 21 Masters
(626) 986-7539
46 Total Sales
2 in Norwood Cherrylee
$621,000 Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | -- | ||
| $1,350,000 | Pacific Coast Title | ||
| -- | Lawyers Title | ||
| -- | Lawyers Title | ||
| -- | Western Resources Title Co | ||
| $340,000 | American Title | ||
| $280,000 | North American Title Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $810,000 | ||
| Previous Owner | $200,000 | ||
| Previous Owner | $470,000 | ||
| Previous Owner | $480,000 | ||
| Previous Owner | $150,000 | ||
| Previous Owner | $272,000 | ||
| Previous Owner | $272,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/25/2022 01/25/22 | Sold | $1,350,000 | +3.9% | $392 / Sq Ft |
| 10/21/2021 10/21/21 | For Sale | $1,299,000 | -3.8% | $377 / Sq Ft |
| 10/20/2021 10/20/21 | Off Market | $1,350,000 | -- | -- |
| 09/08/2021 09/08/21 | Price Changed | $1,299,000 | +8.3% | $377 / Sq Ft |
| 09/08/2021 09/08/21 | For Sale | $1,199,000 | -11.2% | $348 / Sq Ft |
| 09/01/2021 09/01/21 | Off Market | $1,350,000 | -- | -- |
| 08/11/2021 08/11/21 | For Sale | $1,199,000 | -- | $348 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $21,713 | $1,471,860 | $1,035,300 | $436,560 |
| 2024 | $19,790 | $1,423,715 | $1,001,905 | $421,810 |
| 2023 | $19,157 | $1,377,000 | $982,260 | $394,740 |
| 2022 | $11,699 | $821,971 | $586,632 | $235,339 |
| 2021 | $11,847 | $805,855 | $575,130 | $230,725 |
| 2020 | $11,813 | $797,593 | $569,233 | $228,360 |
| 2019 | $12,082 | $781,955 | $558,072 | $223,883 |
| 2018 | $11,737 | $766,624 | $547,130 | $219,494 |
| 2016 | $6,958 | $432,773 | $280,031 | $152,742 |
| 2015 | $6,880 | $426,273 | $275,825 | $150,448 |
| 2014 | $6,640 | $417,923 | $270,422 | $147,501 |
Source: Public Records
Agents Affiliated with this Home
-
Kimberly Le
Seller's Agent in 2022
Kimberly Le
BLUE DIAMOND MORTGAGE & REALTY
(626) 461-2970
1 in this area
16 Total Sales
-
Wilson Fang
W
Buyer's Agent in 2022
Wilson Fang
Wilson C Fang, BROKER
(626) 575-8858
1 in this area
4 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS21176660
APN: 8548-011-008
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.
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
Nearby Homes
- 4308 Fandon Ave
- 11641 Bryant Rd
- 11855 Ramona Blvd
- 4501 Peck Rd Unit 63
- 4501 Peck Rd Unit 76
- 4501 Peck Rd
- 4501 Peck Rd Unit 46
- 4501 Peck Rd Unit 9
- 4331 Maxson Rd
- 11697 Ramona Blvd
- 11386 Mcgirk Ave
- 11402 Basye St
- 3858 Richwood Ave
- 3841 Peck Rd
- 4216 Cedar Ave
- 4421 Durfee Ave
- 4403 Cedar Ave
- 11829 Ferris Rd Unit C
- 11837 Ferris Rd Unit K
- 11734 Lower Azusa Rd
- 11734 Lambert Ave
- 11744 Lambert Ave
- 11736 Lambert Ave
- 11728 Lambert Ave
- 4245 La Madera Ave
- 11754 Lambert Ave
- 4237 La Madera Ave
- 11738 Lambert Ave
- 11755 Lambert Ave
- 4227 La Madera Ave
- 11747 Lambert Ave
- 11735 Lambert Ave
- 11759 Lambert Ave
- 11716 Lambert Ave
- 4221 La Madera Ave
- 11721 Lambert Ave
- 4313 La Madera Ave
- 11708 Lambert Ave
- 11802 Lambert Ave
- 4242 La Madera Ave
Your Personal Tour Guide
Ask me questions while you tour the home.