NOT LISTED FOR SALE

3511 Gibson Rd El Monte, CA 91731

Northwest El Monte Neighborhood
12 Beds
8 Baths
5,470 Sq Ft
0.64 Acre Lot

Sale Details

Date Sold: April 15, 2014

Last sale price $1,090,000 $199 Per Sq Ft

113 Days on Market

About This Home

As of April 2014

7 unit multi-family property located in El Monte. The subject property has very low historical turnover befitting the high demand for rental units in the area. Unit mix is comprised of (1) 3 Bed/1 Bath single story house, (1) 3 Bed/2 Bath single story house, (1) 2 Bed/1 Bath single story house, and (4) 1 Bed/1 Bath units. The huge 27,007 square foot lot provides numerous off-street parking spaces and gives tenants a sense of privacy. Most units are occupied by long-term tenants, all units have separate water heaters & are separately metered for gas and electricity, and currents rents are 15% below market which allows for a value-add opportunity. *DO NOT ENTER ON THE PROPERTY! DO NOT DISTURB TENANTS!

Last Agent to Sell the Property

James Torres

Remax Commercial and Investment Realty License #01790791 Listed on: 09/20/2013

Remax Commercial and Investment Realty

Last Buyer's Agent

Kelly Chiu

License #01438034

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 0.64

Interior Spaces

  • 5,470 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Parking

  • 7 Parking Spaces
  • Private Parking

Additional Features

  • 28,033 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Buildings
  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 8578-006-001

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

0.64 Acres

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 5470
  • Stories: 2
  • Year Built: 1967
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 12
  • Total Bathrooms: 8.00
  • Price Per S Q F T: 210.24

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Private
  • Total Parking: 7

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 216400
  • Assessed Land Value: 704694
  • Assessor Parcel Number: 8578-006-001
  • Geocode Override: No
  • Lot Size Area: 28033

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 13.40
  • Number Of Units: 7
  • Rent Control: 0
  • Type Of Units: Apartments
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/15/2014 04/15/14 Sold $1,090,000 -5.2% $199 / Sq Ft
01/11/2014 01/11/14 Pending -- -- --
09/20/2013 09/20/13 For Sale $1,150,000 -- $210 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $24,077 $1,598,454 $1,117,717 $480,737
2024 $22,836 $1,567,112 $1,095,801 $471,311
2023 $22,436 $1,536,385 $1,074,315 $462,070
2022 $21,481 $1,506,260 $1,053,250 $453,010
2021 $21,765 $1,476,727 $1,032,599 $444,128
2020 $21,679 $1,461,586 $1,022,011 $439,575
2019 $22,024 $1,432,928 $1,001,972 $430,956
2018 $21,593 $1,404,832 $982,326 $422,506
2016 $20,667 $1,350,282 $944,182 $406,100
2015 $17,395 $1,111,778 $713,986 $397,792
2014 $14,765 $943,780 $722,050 $221,730
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    James Torres

    RE/MAX

    Section Image

  • K

    Buyer's Agent in 2014

    Kelly Chiu

See All Agents

Map

Source: The MLS

MLS Number: 14-734361

The MLS
California Los Angeles County El Monte 91731 Northwest El Monte

3511 Gibson Rd, El Monte, CA

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 MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.