NOT LISTED FOR SALE
12 Beds
10 Baths
1,836 Sq Ft
0.32 Acres

Last Sold January 28, 2016

Last sale price $1,760,000 $959 Per Sq Ft

135 Days on Market

About This Home

As of January 2016

Excellent opportunity for Investor to hold or renovate and flip. This property is 100% occupied and has been for years. Located in El Monte close to shopping centers and easy access to freeway. 5 are SFR's and 8 units are attached in one complex. Must be sold as ONE for the following APN's #8105-008-037 and 8105-008-019

Last Agent to Sell the Property

George Cervantes

The Real Estate Store Inc. License #01261773 Listed on: 09/09/2015

The Real Estate Store Inc.

Last Buyer's Agent

PWRNONMEMBER PWRNONMEMBER

PWNONMEMBER License #05555555

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1919

Lot Details

  • 0.32 Acre Lot
  • Two or More Common Walls
  • Density is 11-15 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,836 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 10 Bathrooms

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 3262
  • Assessor Parcel Number 8105008037

Community Details

Overview

  • 6 Buildings
  • 13 Units

Building Details

  • 13 Separate Electric Meters
  • 13 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $720
  • Fuel Expense $1,400
  • Insurance Expense $3,500
  • Professional Management Expense $2,500
  • Trash Expense $2,600
  • Water Sewer Expense $5,000
  • New Taxes Expense $25,000
  • Operating Expense $40,720
  • Gross Income $121,405
  • Net Operating Income $103,740

Property Details

Home Type

Multi-Family

Year Built

Built in 1919

Lot Details

0.32 Acres

Parking

2

Listing Details

  • Professional Management Expense: 2500.00
  • Property Attached: Yes
  • Water Sewer Expenses: 5000.00
  • Property Type: Residential Income
  • Parcel Number: 8105008037
  • Year Built: 1919
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 958.61

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Unknown
  • Trash Expense: 2600.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 13774.00
  • Price Per Lot Square Foot: 127.78
  • Lot Size Acres: 0.3160

Multi Family

  • Electric Expense: 720.00
  • Fuel Expense: 1400.00
  • Gross Income: 121405.00
  • Gross Scheduled Income: 125160.00
  • Insurance Expense: 3500.00
  • Lot Size Area: 13774.0000 Square Feet
  • Net Operating Income: 103740.00
  • Number Of Separate Electric Meters: 13
  • Number Of Separate Gas Meters: 13
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 13
  • Operating Expense: 17664.00
  • Rent Control: No
  • Total Expenses: 40720.00

Tax Info

  • New Taxes Expense: 25000.00
  • Tax Lot: 2
  • Tax Tract Number: 3262
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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
01/28/2016 01/28/16 Sold $1,760,000 -12.0% $959 / Sq Ft
01/22/2016 01/22/16 Pending -- -- --
09/09/2015 09/09/15 For Sale $2,000,000 -- $1,089 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15200267

California Regional Multiple Listing Service (CRMLS)

APN: 8105-008-037

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