NOT LISTED FOR SALE

2550 Tamora Ave South El Monte, CA 91733

7 Beds
6 Baths
4,264 Sq Ft
0.27 Acres

Last Sold December 03, 2021

Last sale price $1,372,000 $322 Per Sq Ft

508 Days on Market

About This Home

As of December 2021

Price reduced. 6 Units income property in South El Monte. Lot size 11,040 sqft, Building size 4,264 sqft. Close to 10 Fwy and 60 Fwy. Great investment with Long term tenants. Do not miss this great opportunity.

Last Agent to Sell the Property

Alex Tsai

KO TAI REALTY License #01388164 Listed on: 06/21/2020

KO TAI REALTY

Last Buyer's Agent

Gloria Chu

IRN REALTY License #01780122

IRN REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 0.27 Acre Lot
  • Two or More Common Walls

Home Design

  • 4,264 Sq Ft Home
  • Apartment

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Additional Features

  • Laundry Room
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 31 / A
  • Tax Tract Number 11182
  • Assessor Parcel Number 8102026031

Community Details

Overview

  • 6 Units

Building Details

  • 6 Leased Units
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,862
  • Trash Expense $3,218
  • Water Sewer Expense $1,924
  • New Taxes Expense $7,338
  • Operating Expense $30,000
  • Net Operating Income $36,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Other Phone Description: 323-359-3268
  • Other Phone Number: 323-359-3268
  • Price Per Unit: 232500
  • Property Attached: Yes
  • Water Sewer Expenses: 1924.00
  • Zoning: SER3*
  • Property Type: Residential Income
  • Parcel Number: 8102026031
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 321.76

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Sewer: Public Sewer
  • Trash Expense: 3218.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 11613.00
  • Lot Size Acres: 0.2666
  • Latitude Manual: 34.05874900

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Scheduled Income: 62040.00
  • Insurance Expense: 1862.00
  • Lot Size Area: 11613.0000 Square Feet
  • Net Operating Income: 36000.00
  • 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
  • Operating Expense: 30000.00
  • Rent Control: No
  • Total Actual Rent: 5170.00
  • Total Expenses: 30000.00

Tax Info

  • New Taxes Expense: 7338.00
  • Tax Block: A
  • Tax Census Tract: 4335.04
  • Tax Lot: 31
  • Tax Tract Number: 11182

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
12/03/2021 12/03/21 Sold $1,372,000 -1.6% $322 / Sq Ft
11/11/2021 11/11/21 Pending -- -- --
09/23/2021 09/23/21 Price Changed $1,395,000 +0.7% $327 / Sq Ft
06/30/2021 06/30/21 Price Changed $1,385,000 +0.4% $325 / Sq Ft
02/27/2021 02/27/21 For Sale $1,380,000 +0.6% $324 / Sq Ft
02/26/2021 02/26/21 Off Market $1,372,000 -- --
01/18/2021 01/18/21 Price Changed $1,380,000 +7.0% $324 / Sq Ft
10/06/2020 10/06/20 Price Changed $1,290,000 -0.8% $303 / Sq Ft
09/13/2020 09/13/20 Price Changed $1,300,000 -5.8% $305 / Sq Ft
07/24/2020 07/24/20 Price Changed $1,380,000 -4.8% $324 / Sq Ft
06/21/2020 06/21/20 For Sale $1,450,000 -- $340 / 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: WS20116949

California Regional Multiple Listing Service (CRMLS)