NOT LISTED FOR SALE
9 Beds
5 Baths
5,036 Sq Ft
0.41 Acres

Last Sold June 30, 2015

Last sale price $1,310,000 $260 Per Sq Ft

239 Days on Market

Highlights

  • 0.41 Acre Lot
  • El Monte High School Rated A-
  • Lawn

About This Home

As of June 2015

Location, Location, Location. This is a well maintained 6 units income property (one of the units has been converted into two studios without permit which makes total of 7 units rental). Walking distance to Rosemead and Garvey Blvd, Easy access to 10 Freeway, this makes it really easy to access all the surrounding cities. Supermarkets and restaurants are all within 4 miles radius. This property has one 3 bedrooms 1 bathroom single house, four 2 bedrooms 1 bathroom apartments and two studios. Really easy to rent, fully occupied currently.

Last Agent to Sell the Property

Yi Zhang

Treeline Realty & Investment License #01921274 Listed on: 08/20/2014

Last Buyer's Agent

Winnie Tran

AMG REAL ESTATE License #01170401

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 0.41 Acre Lot
  • Two or More Common Walls
  • Lawn

Parking

  • 6 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 5,036 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 11529
  • Assessor Parcel Number 8581011012

Community Details

Overview

  • 7 Units

Building Details

  • 6 Separate Electric Meters
  • 5 Separate Gas Meters
  • 7 Separate Water Meters
  • Electric Expense $840
  • Insurance Expense $3,000
  • Trash Expense $3,120
  • New Taxes Expense $12,000
  • Net Operating Income $74,760

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Parking

6

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 8581011012
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 260.13

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 3120.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: Lawn
  • Lot Size Sq Ft: 17730.00
  • Price Per Lot Square Foot: 73.89
  • Lot Size Acres: 0.4070

Multi Family

  • Electric Expense: 840.00
  • Gross Scheduled Income: 94920.00
  • Insurance Expense: 3000.00
  • Lot Size Area: 17730.0000 Square Feet
  • Net Operating Income: 74760.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 7
  • Number Of Units Total: 7
  • Operating Expense: 20160.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 12000.00
  • Tax Lot: 9
  • Tax Tract Number: 11529
  • Tax Year: 2013

Range of Values:

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List 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 Change Sq Ft Price
06/30/2015 06/30/15 Sold $1,310,000 -5.8% $260 / Sq Ft
04/16/2015 04/16/15 Pending -- -- --
08/20/2014 08/20/14 For Sale $1,390,000 -- $276 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR14181963

California Regional Multiple Listing Service (CRMLS)