NOT LISTED FOR SALE
36 Beds
8 Baths
14,984 Sq Ft
0.51 Acre Lot

Sale Details

Date Sold: April 8, 2013

Last sale price $2,500,000 $167 Per Sq Ft

1 Day on Market

About This Home

As of April 2013

We are proud to exclusively present this 18 unit apartment building located in El Monte, north of Ramona Blvd and Valley Blvd, in the most desirable 91731 zip code. The unit mix is comprised of All large 2Bd + 1Ba units which average over 830 sq ft each. The large 22,921 square foot lot offers ample parking to tenants with over 18 off-street parking spaces. The property also comes equipped with a laundry room for additional income. Unit interiors have received numerous capital improvements and have been well maintained by these long term tenants.

Last Agent to Sell the Property

Enrique Viramontes

Remax Commercial and Investment Realty License #01372010 Listed on: 03/07/2013

Last Buyer's Agent

Enrique Viramontes

Remax Commercial and Investment Realty License #01372010 Listed on: 03/07/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 22,425 Sq Ft Lot

Interior Spaces

  • 14,984 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 36 Bedrooms
  • 8 Bathrooms

Parking

  • 18 Parking Spaces
  • Uncovered Parking

Utilities

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

Community Details

  • 18 Units

Listing and Financial Details

  • Assessor Parcel Number 8568-026-003

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0.51 Acres

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 14984
  • Stories: 2
  • Year Built: 1963
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 36
  • Total Bathrooms: 8.00
  • Price Per S Q F T: 166.84

Exterior Features

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

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 18

Utilities

  • Cooling: Wall/Window
  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 1500000
  • Assessed Land Value: 700000
  • Assessor Parcel Number: 8568-026-003
  • Geocode Override: No
  • Lot Size Area: 22425

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 10.11
  • Number Of Units: 18
  • Type Of Units: Apartment

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2013
Closed on
Feb 19, 2013
Sold by
Bought by
Seller's Agent
Enrique Viramontes
Remax Commercial and Investment Realty
Buyer's Agent
Enrique Viramontes
Remax Commercial and Investment Realty
List Price
$2,500,000
Sold Price
$2,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,875,000
Interest Rate
0.0351%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 15, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,538,000
Interest Rate
0.0629%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 10, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,550,000
Interest Rate
0.057%
Mortgage Type
Commercial

Purchase Details

Closed on
May 17, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$978,000
Interest Rate
0.0512%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase 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 Buyer Sale Price Title Company
$2,500,000 Fnt
$2,300,000 Equity Title
$2,170,000 Ticor Title
$1,410,000 Chicago Title Co
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $1,000,000
Open $2,047,000
Previous Owner $1,875,000
Previous Owner $1,965,000
Previous Owner $1,538,000
Previous Owner $1,550,000
Previous Owner $978,000
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
04/08/2013 04/08/13 Sold $2,500,000 0.0% $167 / Sq Ft
03/08/2013 03/08/13 Pending -- -- --
03/07/2013 03/07/13 For Sale $2,500,000 -- $167 / 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 $48,410 $3,078,562 $1,847,139 $1,231,423
2024 $44,510 $3,018,199 $1,810,921 $1,207,278
2023 $43,662 $2,959,019 $1,775,413 $1,183,606
2022 $42,094 $2,901,000 $1,740,601 $1,160,399
2021 $42,579 $2,844,119 $1,706,472 $1,137,647
2019 $43,394 $2,759,962 $1,655,858 $1,104,104
2018 $42,578 $2,705,850 $1,623,391 $1,082,459
2016 $40,765 $2,600,588 $1,560,353 $1,040,235
2015 $40,300 $2,561,526 $1,536,916 $1,024,610
2014 $38,805 $2,511,350 $1,506,810 $1,004,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-656367

The MLS
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