M
Seller's Agent in 2022
Margaret Hoi
PACIFIC STERLING REALTY/Irvine
(949) 222-9911
1 in this area
9 Total Sales
11844 Ferris Rd El Monte, CA 91732
River East Neighborhood
22
Beds
11
Baths
9,659
Sq Ft
18,239
Sq Ft Lot
Highlights
- 0.42 Acre Lot
- Laundry Room
- 1-Story Property
About This Home
As of March 2022Excellent North El Monte location in a desirable neighborhood. Fully occupied and well maintained 11 units. Every unit has a den that can be used as another bedroom or formal dining room. Separate electric and gas meters plus laundry income. 11 carports plus 10 parking spaces. Stable tenants. Equipped with electric gate. Owner did a lot of upgrades including reroofing in Dec 2014, redoing plumbing in May 2018, installing dual pane windows for all units, installing new water heather in Oct 2017 , and remolding kitchen and bath and flooring from 2018 to 2021. Newer condo and PUD projects on both sides. Near supermarkets, shopping, schools, banks, public transportation, and much more. Easy access to Freeway 10 and 605. City of El Monte is a high demand rental area with diverse cultures.
Last Agent to Sell the Property
PACIFIC STERLING REALTY/Irvine License #01422370 Listed on: 01/31/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1979
Lot Details
- 0.42 Acre Lot
- Two or More Common Walls
- Density is 11-15 Units/Acre
Home Design
- Apartment
Interior Spaces
- 9,659 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 22 Bedrooms
- 11 Bathrooms
Parking
- 10 Parking Spaces
- 10 Carport Spaces
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Legal Lot and Block 5 / A
- Tax Tract Number 11283
- Assessor Parcel Number 8567009005
- $3,163 per year additional tax assessments
Community Details
Overview
- 11 Units
Building Details
- Rent Control
- 12 Separate Electric Meters
- 12 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $991
- Fuel Expense $5,204
- Gardener Expense $1,305
- Insurance Expense $4,650
- Maintenance Expense $9,025
- Pest Control $500
- Trash Expense $5,506
- Water Sewer Expense $5,899
- New Taxes Expense $47,025
- Operating Expense $80,418
- Gross Income $207,600
- Net Operating Income $127,182
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/25/2022 03/25/22 | Sold | $2,850,000 | 0.0% | $295 / Sq Ft | |
| 02/07/2022 02/07/22 | Pending | -- | -- | -- | |
| 01/31/2022 01/31/22 | For Sale | $2,850,000 | +35.7% | $295 / Sq Ft | |
| 04/11/2014 04/11/14 | Sold | $2,100,000 | -6.7% | $217 / Sq Ft | View Prior Sale |
| 03/21/2014 03/21/14 | Pending | -- | -- | -- | |
| 01/25/2014 01/25/14 | For Sale | $2,250,000 | -- | $233 / 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 | $42,012 | $3,024,441 | $1,944,132 | $1,080,309 |
| 2024 | $42,012 | $2,965,139 | $1,906,012 | $1,059,127 |
| 2023 | $41,344 | $2,907,000 | $1,868,640 | $1,038,360 |
| 2022 | $34,335 | $2,425,825 | $1,559,459 | $866,366 |
| 2021 | $35,161 | $2,378,261 | $1,528,882 | $849,379 |
| 2019 | $34,074 | $2,307,723 | $1,483,536 | $824,187 |
| 2018 | $32,792 | $2,262,475 | $1,454,448 | $808,027 |
| 2016 | $30,181 | $2,174,622 | $1,397,971 | $776,651 |
| 2015 | $29,860 | $2,141,958 | $1,376,973 | $764,985 |
| 2014 | $23,362 | $1,635,131 | $327,479 | $1,307,652 |
Source: Public Records
Agents Affiliated with this Home
-
Margaret Hoi
-
Lily Yun
Buyer's Agent in 2022
Lily Yun
High Ten Partners, Inc.
(626) 589-5832
1 in this area
10 Total Sales
-
Doresa Wang
Seller's Agent in 2014
Doresa Wang
Pinnacle Real Estate Group
(626) 877-6866
22 Total Sales
-
H
Seller Co-Listing Agent in 2014
Hubert King
Treeline Realty & Investment
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS22019515
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
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