Seller's Agent in 2022
Kristopher German
RE/MAX
(909) 645-0443
4 in this area
127 Total Sales
4013 Eunice Ave El Monte, CA 91731
Northwest El Monte Neighborhood
5
Beds
5
Baths
2,567
Sq Ft
5,857
Sq Ft Lot
About This Home
As of September 2022We are pleased to offer for sale this 5 unit multi-family property in the city of El Monte. The subject property is comprised of 5 units spread across 3 separate structures. The front structure is a single story duplex that offers 2(1Bed/1Bath) units. The second structure is a two-story building with 2(1bed/1bath) units situated above four 1-car garages. The last structure is a single story 1Bed/1Bath unit. All units are separately metered for electricity and gas while the owner pays for water and trash. The current owner has held the property for a number of years and kept the rental rates well below market. With a substantial improvement approach, a new investor can reposition the subject property to earn nearly a 9% cash-on-cash return. This property can be purchased independently or in conjunction with the 2 unit duplex property (MLS#CV22135823) that shares the common driveway. There is also a 3rd contiguous parcel for sale as well (MLS#CV22135853) All combined the 3 properties offer 8 units and a total lot size of 20,682 Zoned R4.
Last Agent to Sell the Property
RE/MAX 2000 REALTY License #01800021 Listed on: 06/22/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1937
Lot Details
- 5,857 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Parking
- 5 Car Garage
Home Design
- 2,567 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Bathrooms
Laundry
- Laundry Room
- Gas And Electric Dryer Hookup
Outdoor Features
- Rain Gutters
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 11
- Tax Tract Number 7007
- Assessor Parcel Number 8577011022
Community Details
Overview
- 2 Buildings
- 5 Units
Building Details
- 5 Leased Units
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,350
- Maintenance Expense $3,750
- Other Expense $750
- Trash Expense $2,928
- Water Sewer Expense $3,000
- New Taxes Expense $12,529
- Operating Expense $24,307
- Gross Income $59,580
- Net Operating Income $33,485
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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 |
|---|---|---|---|---|
| 09/07/2022 09/07/22 | Sold | $950,000 | 0.0% | $370 / Sq Ft |
| 08/15/2022 08/15/22 | Pending | -- | -- | -- |
| 06/22/2022 06/22/22 | For Sale | $950,000 | -- | $370 / 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 | $14,260 | $988,380 | $593,028 | $395,352 |
| 2024 | $14,260 | $969,000 | $581,400 | $387,600 |
| 2023 | $14,008 | $950,000 | $570,000 | $380,000 |
| 2022 | $1,942 | $55,382 | $21,452 | $33,930 |
| 2021 | $15,274 | $1,066,636 | $639,982 | $426,654 |
| 2020 | $1,916 | $53,961 | $20,817 | $33,144 |
| 2019 | $1,920 | $52,908 | $20,409 | $32,499 |
| 2018 | $1,782 | $51,876 | $20,009 | $31,867 |
| 2016 | $1,696 | $49,652 | $19,233 | $30,419 |
| 2015 | $1,673 | $48,908 | $18,945 | $29,963 |
| 2014 | $1,665 | $47,951 | $18,574 | $29,377 |
Source: Public Records
Agents Affiliated with this Home
-
Kristopher German
-
Dan Tan
Buyer's Agent in 2022
Dan Tan
TANDEM REAL ESTATE. INC.
(626) 261-1838
3 in this area
9 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV22135839
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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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