NOT LISTED FOR SALE

12238 Fineview St El Monte, CA 91733

Mountain View Neighborhood
18 Beds
6 Baths
6,336 Sq Ft
0.29 Acres

Last Sold March 29, 2013

Last sale price $1,080,000 $170 Per Sq Ft

337 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Central Heating
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • Turnkey

About This Home

As of March 2013

Pride of ownership and easy to manage building in excellent condition. Beautiful 6 unit building in great rental area. All very large 3 bedroom 1.5 baths There are 14 Parking places, 6 covered, 6 open and 2 unassigned. Nice large laundry room with leased machines. Roof approx 4 years old, new water heater. Responsible long term tenants, very low vacancy factor. Money maker

Last Agent to Sell the Property

John Morrison

T-REX REAL ESTATE SERVICES License #01248368 Listed on: 04/23/2012

T-REX REAL ESTATE SERVICES

Last Buyer's Agent

Ching Wong

UNITED R.E.- LOS ANGELES License #00956871

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 0.29

Home Design

  • 6,336 Sq Ft Home
  • Ranch Style House
  • Turnkey
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Parking

  • 14 Parking Spaces
  • 6 Carport Spaces
  • Parking Available
  • Assigned Parking
  • Unassigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Additional Features

  • Disposal
  • 0.29 Acre Lot

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 18
  • Tax Tract Number 10827
  • Assessor Parcel Number 8114001022

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Amenities

  • Laundry Facilities

Building Details

  • 6 Leased Units
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $609
  • Insurance Expense $1,943
  • Maintenance Expense $1,197
  • Supplies Expense $1,975
  • Trash Expense $1,796
  • Water Sewer Expense $3,371
  • New Taxes Expense $10,072
  • Gross Income $7,610
  • Net Operating Income $76,851

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 6.60
  • Price Per Unit: 198000
  • Supplies Expense: 1975.00
  • Water Sewer Expenses: 3371.00
  • Architectural Style: Ranch
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 8114001022
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Unfurnished
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 170.45

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned, Unassigned
  • Total Parking Spaces: 14.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal
  • Heating Type: Central
  • Laundry Features: Community, Individual Room
  • Trash Expense: 1796.00
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 12490.00
  • Lot Size Acres: 0.2870

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average3 Bed Area: 1056
  • Electric Expense: 609.00
  • Gross Income: 7610.00
  • Gross Multiplier: 13.00
  • Gross Scheduled Income: 91320.00
  • Insurance Expense: 1943.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 12490.0000 Square Feet
  • Maintenance Expense: 1197.00
  • Net Operating Income: 76851.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Number Wall A C: 6
  • Number With Disposal: 6
  • Number With Patio: 3
  • Operating Expense: 12642.00
  • Rent Control: No
  • Total Actual Rent: 89700.00
  • Vacancy Allowance: 1827
  • Vacancy Allowance Rate: 2.00

Tax Info

  • New Taxes Expense: 10072.00
  • Tax Area: 6549
  • Tax Lot: 18
  • Tax Tract Number: 10827
  • Tax Year: 2011

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 Change Sq Ft Price
03/29/2013 03/29/13 Sold $1,080,000 -9.2% $170 / Sq Ft
03/26/2013 03/26/13 Pending -- -- --
04/23/2012 04/23/12 For Sale $1,189,000 -- $188 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    John Morrison

    T-REX REAL ESTATE SERVICES

    Section Image
  • Ching Wong

    Buyer's Agent in 2013

    Ching Wong

    UNITED R.E.- LOS ANGELES

    (626) 688-5697

    6 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: C12051300

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County El Monte 91732 Mountain View

12238 Fineview St, El Monte, CA

This home is located at 12238 Fineview St, El Monte, CA 91733 since 23 April 2012. This property was built in 1979. 12238 Fineview St is a home located in Los Angeles County with nearby schools including Monte Vista Elementary, Mountain View High, and Epiphany Catholic 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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