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

Sale Details

Date 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

Kingston Realty

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

10,504 Sq Ft Lot

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

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

Closed on
Jun 5, 2018
Sold by
Bought by

Purchase Details

Listed on
Jan 20, 2016
Closed on
Feb 1, 2016
Sold by
Bought by
Seller's Agent
Jag Singh
Keller Williams - Eagle Rock
Buyer's Agent
Fanny Leung
Kingston Realty
List Price
$1,250,000
Sold Price
$1,177,000
Premium/Discount to List
-$73,000
-5.84%

Purchase Details

Closed on
Jun 10, 2015
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
$850,000
Interest Rate
0.0381%
Mortgage Type
Commercial
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
-- None Available
-- None Available
$1,177,000 Fidelity National Title Co
$850,000 Fidelity National 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
Previous Owner $850,000
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
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

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 $20,792 $1,393,323 $919,807 $473,516
2024 $19,715 $1,366,004 $901,772 $464,232
2023 $19,367 $1,339,221 $884,091 $455,130
2022 $18,533 $1,312,962 $866,756 $446,206
2021 $18,790 $1,287,218 $849,761 $437,457
2020 $18,714 $1,274,020 $841,048 $432,972
2019 $19,015 $1,249,040 $824,557 $424,483
2018 $18,680 $1,224,550 $808,390 $416,160
2016 $13,485 $862,962 $456,862 $406,100
2015 $8,213 $483,646 $282,837 $200,809
2014 $7,943 $474,173 $277,297 $196,876
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR15245175

California Regional Multiple Listing Service (CRMLS)
Your Personal Tour Guide

Ask me questions while you tour the home.