NOT LISTED FOR SALE

4336 Cypress Ave El Monte, CA 91731

Norwood Cherrylee Neighborhood
5 Beds
4 Baths
9,541 Sq Ft
0.61 Acres

Last Sold June 07, 2012

Last sale price $1,480,000 $155 Per Sq Ft

27 Days on Market

About This Home

As of June 2012

CASH FLOW OPPORTUNITY!! 6.72% CAP on ACTUAL RENTS. The subject property consists of at total of 14 units situated on three contiguous parcels. APN's 8569-016-025/044/045. Address is 4334 1/2, 4336 & 4340 Cypress. The unit mix is 6-2bdrm/1bath units, 6-1bdrm/1bath units, a studio unit and a 2bdrm/1bath unit. There are 4 structures on the property. Front house is a 2 bedroom/1bath house with an attached studio apartment. There are a total of Three (3) 4-plex structures on the property each contain 2-2bdrm/1bath units and 2-1bdrm/1bath units. The rear structure has tuck under parking and a large 2 car garage. The landlord owns the laundry machines in the on-site laundry facility. Per the assessor record, the units total 9,541 Sqft and the lot is approximately 26,559 Sqft. Contact listing agent for detailed information. 2bdrm avg $1,010/mo. 1bdrm avg $850/mo. 2bdrm front house $1,250, studio $600.

Last Agent to Sell the Property

Joe Cooper

Keller Williams Pasadena Mrkt License #01320599 Listed on: 03/21/2012

Keller Williams Pasadena Mrkt

Last Buyer's Agent

Joe Cooper

Keller Williams Pasadena Mrkt License #01320599 Listed on: 03/21/2012

Keller Williams Pasadena Mrkt

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 0.61 Acre Lot

Interior Spaces

  • 9,541 Sq Ft Home
  • 2-Story Property

Parking

  • 18 Car Garage
  • Carport
  • Uncovered Parking

Utilities

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

Community Details

  • 4 Buildings
  • 14 Units

Listing and Financial Details

  • Assessor Parcel Number 8569-016-045

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Living Area: 9541
  • Stories: 2
  • Year Built: 1962
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per S Q F T: 167.17

Exterior Features

  • Construction: Stucco
  • Pool: No

Garage/Parking

  • Covered Parking: 6
  • Parking Garage: Carport, Garage, Uncovered
  • Total Parking: 18

Utilities

  • Cooling: Wall/Window
  • Electric Expense: 558.00
  • Heating: Wall
  • Water Expense: 4994.00

Fee Information

  • Gas Expense: 1419.00
  • Insurance Expense: 2268.00
  • Maintenance Expense: 7912.00
  • Other Expense: 2100.00
  • Trash Expense: 4119.00

Lot Info

  • Assessed Improvement Value: 276035
  • Assessed Land Value: 97785
  • Assessor Parcel Number: 8569-016-045
  • Lot Size Area: 26559

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 10.11
  • Gross Scheduled Income: 157740.00
  • Number Of Units: 14
  • Rent Control: 0
  • Type Of Units: Apartments

Tax Info

  • Tax Expense: 19937.00

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
06/07/2012 06/07/12 Sold $1,480,000 -7.2% $155 / Sq Ft
04/17/2012 04/17/12 Pending -- -- --
03/21/2012 03/21/12 For Sale $1,595,000 -- $167 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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 $16,196 $1,029,710 $492,568 $537,142
2024 $16,196 $1,009,520 $482,910 $526,610
2023 $15,893 $989,727 $473,442 $516,285
2022 $15,349 $970,321 $464,159 $506,162
2021 $15,492 $951,296 $455,058 $496,238
2019 $15,751 $923,081 $441,561 $481,520
2018 $15,374 $904,982 $432,903 $472,079
2016 $14,706 $869,843 $416,094 $453,749
2015 $14,529 $856,778 $409,844 $446,934
2014 $14,024 $839,996 $401,816 $438,180
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Joe Cooper

    Keller Williams Pasadena Mrkt

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Map

Source: The MLS

MLS Number: 12-590269

The MLS
California Los Angeles County El Monte 91731 Norwood Cherrylee

4336 Cypress Ave, El Monte, CA

Not Listed for Sale

MultiFamily

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