NOT LISTED FOR SALE
10 Beds
5 Baths
5,146 Sq Ft
10,504 Sq Ft Lot

Last Sold February 12, 2016

Last sale price $1,177,000 $229 Per Sq Ft

79 Days on Market

Highlights

  • Property is near public transit
  • Rosemead High School Rated A
  • 3-minute walk to Baldwin Ave Mini Park

About This Home

As of February 2016

9835 Marshall Street, a very well maintained 5-unit apartment community located in the up and coming city of El Monte, CA. The property is unique due to 5 units are 2 bedroom and high density zoning. Tenants enjoy two on-site laundry facilities. Rents are currently below market, which give the asset a significant amount of upside potential for any new investor.

The 5,146 SF building is situated on a 10,504 SF lot and Year built 1979, well maintained landscaping; giving the property excellent curb appeal.

Last Agent to Sell the Property

Jag Singh

Keller Williams - Eagle Rock License #01886951 Listed on: 01/20/2016

Keller Williams - Eagle Rock

Last Buyer's Agent

Fanny Leung

Kingston Realty License #00816256

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 10,504 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • 5,146 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Parking

  • 20 Parking Spaces
  • 5 Carport Spaces

Location

  • Property is near public transit
  • Suburban Location

Listing and Financial Details

  • Tax Lot 197
  • Tax Tract Number 7177
  • Assessor Parcel Number 8578003044

Community Details

Overview

  • 5 Units

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $403
  • Insurance Expense $1,544
  • Maintenance Expense $3,000
  • Pest Control $780
  • Trash Expense $1,080
  • Water Sewer Expense $1,524
  • New Taxes Expense $16,000
  • Gross Income $6,750
  • Net Operating Income $53,799

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1524.00
  • Property Type: Residential Income
  • Parcel Number: 8578003044
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 228.72

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 5.00
  • Total Parking Spaces: 20.00

Utilities

  • Utilities: Sewer Available
  • Pest Control Expense: 780.00
  • Trash Expense: 1080.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 10504.00
  • Price Per Lot Square Foot: 112.05
  • Lot Size Acres: 0.2410

Multi Family

  • Electric Expense: 403.00
  • Gross Income: 6750.00
  • Gross Scheduled Income: 81000.00
  • Insurance Expense: 1544.00
  • Lot Size Area: 10504.0000 Square Feet
  • Maintenance Expense: 3000.00
  • Net Operating Income: 53799.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 25411.00
  • Rent Control: No
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 16000.00
  • Tax Lot: 197
  • Tax Tract Number: 7177

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
02/12/2016 02/12/16 Sold $1,177,000 -5.8% $229 / Sq Ft
01/30/2016 01/30/16 Pending -- -- --
11/12/2015 11/12/15 For Sale $1,250,000 -- $243 / 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: AR15245175

California Regional Multiple Listing Service (CRMLS)