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$1,950,000   Price Analysis
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11912 McGirk Ave
El Monte, CA 91732
Unknown bed None bath 4,982 SqFt ($391/SqFt)
0.7 acre lot. Built 1962
Listed 2024-02-21, Taxes $3,273
Ⓧ USDA Ineligible
due to price & location

near El Monte

Newly listed four unit at 11912 McGirk Ave in El Monte

* No Longer For Sale *
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CA, for the first time on the market in 50 years! Located in a high-demand rental location between Lower Azusa Rd and Romona Blvd east of Peck Road. The property is in the eastern part of Los Angeles County, approximately 12 miles east of downtown Los Angeles. Baldwin Park, Temple City, Rosemead, South El Monte and the San Gabriel Mountains border it. Situated a sho rt distance to 1-10 Freeway and 605 Freeway. The property is near many shopping options, including retail stores, shopping centers and local markets.

The property has (4) four individual homes on a 30, 413-square-foot Foot Lot. The main house is a (5) Five Bedroom and (2) Two Bedroom with a private backyard (will be delivered vacant); the other (3) three additional homes on the lot are all (2) Bedrooms and (1) Bath Units (one of these will be delivered vacant as well). Each unit has its own private backyard lined with fruit trees, including avocados and citrus. This property is ideally suited for an investor, owner-occupied opportunity, and/or redevelopment. The property is individually metered for gas and electricity and the owner is responsible for the water. There is plenty of on-site parking. Each of the units hs a garage.


Presented by James Antonnucci at
Keller Williams Realty-Studio City.
Listing Agent Photo

Property MLS #SR24036082 from CRMLS

Laundry Features: Inside

Lot Description: 2-5 Units/Acre
Lot Size Acres: 0.6984
Lot Size Source: Assessor
Lot Size Square Feet: 30422

Garage Spaces: 4
Parking Features: Parking YN: Yes, Parking Features: Assigned, Garage
Parking Total: 4

Number of Units: 4

Calculated Total Monthly Association Fees: 0

Vacancy Allowance: 3384
Rent Control: Yes

Community Features: Suburban

Source Listing Status: Closed
County: Los Angeles
Cap Rate: 3.45
Source Property Type: Residential Income
Insurance Expense: 4982.00
Area: 619 - El Monte
Source Neighborhood: 619 - El Monte
New Taxes Expense: 24375.00
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 4
Number of Separate Water Meters: 1
Parcel Number: 8548006042
Postal Code Plus 4: 2040
Zoning: EMR1BY
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$98,163 + $44,789
$142,952
$3,273
2021$96,239 + $43,911
$140,150
$3,252
2020$95,253 + $43,461
$138,714
$3,241
2019$93,386 + $42,609
$135,995
$3,277
2018$91,555 + $41,774
$133,329
$3,036
2017$89,760 + $40,955
$130,715
$2,987
2016$88,000 + $40,152
$128,152
$2,873
2015$86,679 + $39,549
$126,228
$2,839
2014$84,982 + $38,775
$123,757
$2,794
2013$84,598 + $38,600
$123,198
$2,802
2012$82,940 + $37,844
$120,784
$2,758
2010$81,314 + $37,102
$118,416
$2,680
2009$80,899 + $36,913
$117,812
$2,643
2009$80,707 + $36,825
$117,532
$2,643
2008$79,313 + $36,190
$115,503
$2,506
2007$77,758 + $35,481
$113,239
$2,132

Sold 2024-04-30
$1,900,000
CRMLS
Listed 2024-02-21
$1,950,000
CRMLS

Net Operating Income: 67255.00

Total Square Feet Living: 4982
Year Built: 1962
Building Features: 4
Common Walls: No Common Walls
Entry Level: 1
Entry Location: 1
Property Age: 62
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Quadruplex

Electric Expense: 1560.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 1560.00
Water Source: Public

Durfee Elementary School is a public elementary and middle school located approximately 0.5 miles away.
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Arroyo High School is a public high school located approximately 1.1 miles away.
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Tomorrow Land Academy is a private elementary school located approximately 0.5 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.