NOT LISTED FOR SALE
6 Beds
4 Baths
2,754 Sq Ft
0.35 Acres

Last Sold June 09, 2016

Last sale price $670,000 $243 Per Sq Ft

37 Days on Market

Highlights

  • 15,143 Sq Ft lot
  • Tile Flooring
  • Greenbelt
  • Open Floorplan
  • Garden
  • Rectangular Lot

About This Home

As of June 2016

Incredible investment opportunity! Three single-family homes on one HUGE lot. Perfect income property for Investor or savvy buyer(s) looking to create additional income streams by renting two units and living in one. Property features: 3 Separate Homes with 3 separate addresses, sitting on a 15,143 Sq Ft Lot with a Total 2,754 combined square footage of living space | 12235 Schmidt, main dwelling offers 3-bedrooms, 2-baths, new laminate wood flooring, new carpet, newer windows throughout and bright, open floor plan | 12237 Schmidt is a 2-bed, 1-bath & 12233 Schmidt is a 1-bed, 1-bath – both are also meticulously maintained by long-term, great tenants. Walk into this beautiful estate and enjoy the impeccably maintained grounds and privacy secured by wrap-around fencing. Each unit offers their own private entrance with their private front and back yard as well as garage. Owners put lots of LOVE into these properties and took pride in maintaining them in excellent condition all around, even installed new roofs! Located in up-and-coming city of El Monte, walking distance to major shopping centers & near 605, 10 and 60 freeways with a 20 minute commute to Los Angeles. Don’t want to commute? Fret not, El Monte Metro station is a few minutes away! A MUST SEE!!!

Last Agent to Sell the Property

Hector Herrera

Hector Herrera, Broker License #01244475 Listed on: 05/08/2016

Last Buyer's Agent

Hector Herrera

Hector Herrera, Broker License #01244475 Listed on: 05/08/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 0.35 Acre Lot
  • No Common Walls
  • Wood Fence
  • Chain Link Fence
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Garden
  • Back and Front Yard
  • Value in Land

Parking

  • 3 Car Garage
  • Parking Available
  • Front Facing Garage
  • Uncovered Parking

Home Design

  • Entry on the 1st floor
  • Additions or Alterations
  • Fire Rated Drywall
  • Shingle Roof
  • Wood Siding
  • Shingle Siding
  • Metal Siding
  • Asphalt
  • Stucco

Interior Spaces

  • 2,754 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Tile Flooring
  • Gas Cooktop

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • Exterior Lighting
  • No Heating

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Tax Lot 6
  • Tax Tract Number 11229
  • Assessor Parcel Number 8107019007

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • Greenbelt

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gardener Expense $960
  • Insurance Expense $1,636
  • Trash Expense $978
  • New Taxes Expense $8,112
  • Net Operating Income $39,914

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Inclusions: Stove for 12235 Schmidt.
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Architectural Style: Ranch
  • Property Condition: Additions/Alterations
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 8107019007
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Open Floorplan
  • Stories: 1
  • Entry Location: Ground Level No Steps
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 243.28
  • Room Type: All Bedrooms Down

Exterior Features

  • Exterior Features: Lighting
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Asphalt, Drywall Walls, Glass, Metal Siding, Shingle Siding, Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Covered, Concrete, Garage Faces Front, Uncovered
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Electricity Available, Sewer Available
  • Heating: No
  • Laundry: No
  • Appliances: Gas Cooktop
  • Trash Expense: 978.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden, Greenbelt, Level, Rectangular Lot, Value In Land, Lot 10000-19999 Sqft, Paved
  • Lot Size Sq Ft: 15143.00
  • Price Per Lot Square Foot: 42.86

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Gross Scheduled Income: 51600.00
  • Insurance Expense: 1636.00
  • Net Operating Income: 39914.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 11686.00
  • Rent Control: No
  • Total Actual Rent: 1400.00

Tax Info

  • New Taxes Expense: 8112.00
  • Tax Lot: 6
  • Tax Tract Number: 11229

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2016 06/09/16 Sold $670,000 +3.2% $243 / Sq Ft
05/19/2016 05/19/16 Pending -- -- --
04/12/2016 04/12/16 For Sale $649,000 -- $236 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16076342

California Regional Multiple Listing Service (CRMLS)