Seller's Agent in 2023
Ray Miramontes
Circle Real Estate
(562) 343-3099
1 in this area
93 Total Sales
2941 Maxson Rd El Monte, CA 91732
Mountain View Neighborhood
14
Beds
8
Baths
5,966
Sq Ft
0.44
Acres
Highlights
- 0.44 Acre Lot
- Detached Carport Space
- 1-Story Property
- Laundry Room
- Back and Front Yard
About This Home
As of November 2023Attention investors! Don't miss this extraordinary investment opportunity in the bustling city of El Monte. This 7-unit income property sits on a spacious 19,000 sqft lot and offers 5,966 sqft of well-maintained living space. Several units have been recently updated, increasing the property's appeal and reducing future upkeep. Each unit is equipped with washer and dryer hook-ups, adding an extra layer of convenience for tenants. Ample parking is a huge plus, thanks to a long driveway that accommodates up to 13 vehicles and a separate 2-car garage, ideal for additional storage. Located near major transportation routes, the property promises steady tenant demand and numerous options for future development, making it a high-yield asset with significant upside potential.
Last Agent to Sell the Property
Circle Real Estate License #01931740 Listed on: 10/17/2023
Co-Listed By
Elyssa Apodaca
Circle Real Estate License #01945344
Property Details
Home Type
- Apartment
Year Built
- Built in 1934
Lot Details
- 0.44 Acre Lot
- No Common Walls
- Back and Front Yard
Parking
- 2 Car Garage
- Detached Carport Space
- Parking Available
- Two Garage Doors
- Driveway
Home Design
- Entry on the 1st floor
Interior Spaces
- 5,966 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 14 Bedrooms
- 8 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Listing and Financial Details
- Legal Lot and Block 9 / A
- Tax Tract Number 10848
- Assessor Parcel Number 8106008010
- $2,466 per year additional tax assessments
Community Details
Overview
- 4 Buildings
- 7 Units
Building Details
- 7 Leased Units
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,565
- Professional Management Expense $8,500
- Trash Expense $3,371
- Water Sewer Expense $1,759
- Operating Expense $16,195
- Gross Income $106,652
- Net Operating Income $90,457
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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 |
|---|---|---|---|---|
| 11/22/2023 11/22/23 | Sold | $1,800,000 | -5.3% | $302 / Sq Ft |
| 10/17/2023 10/17/23 | For Sale | $1,899,900 | -- | $318 / 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 | $25,979 | $1,836,000 | $1,173,000 | $663,000 |
| 2024 | $25,979 | $1,800,000 | $1,150,000 | $650,000 |
| 2023 | $5,352 | $218,676 | $35,499 | $183,177 |
| 2022 | $5,210 | $214,389 | $34,803 | $179,586 |
| 2021 | $5,240 | $210,186 | $34,121 | $176,065 |
| 2020 | $5,142 | $208,032 | $33,772 | $174,260 |
| 2019 | $5,128 | $203,954 | $33,110 | $170,844 |
| 2018 | $4,692 | $199,956 | $32,461 | $167,495 |
| 2016 | $4,320 | $192,193 | $31,201 | $160,992 |
| 2015 | $4,273 | $189,307 | $30,733 | $158,574 |
| 2014 | $4,251 | $185,599 | $30,131 | $155,468 |
Source: Public Records
Agents Affiliated with this Home
-
Ray Miramontes
-
E
Seller Co-Listing Agent in 2023
Elyssa Apodaca
Circle Real Estate
-
Poe Ngo
P
Buyer's Agent in 2023
Poe Ngo
RE/MAX
(909) 291-5388
2 in this area
33 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW23192656
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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