$1,600,000 Price Analysis   ♡   El Monte, CA 91733 12 bed 6 bath 5,102 SqFt ($313/SqFt) 6,279SqFt lot. Built 1958 Listed 2024-03-15, Taxes $8,614 | Ⓧ USDA Ineligible due to price & location near El Monte |
Well maintained 6 unit apartment building where the property management company takes good care of the building and the tenants take good care of their homes!
There's a common courtyard between 11122 and 11126 (also for sale) with fruit trees for the tenant's enjoyment as well as a fenced front yard area. Each of the apartments have dual pane windows and are sizeable 2 be droom, 1 bath units with living room and dining area. There are 7 gas meters and 7 electric meters, a community laundry t service all apartments and parking for 6 cars behind the building.
Located close to transportation, school, restaurants and easy access to the 10, 60 and 605 freeways. Current rents are below market, the building is 100% occupied with tenants having lived there from 4 to 20 years (4 of them have lived there over 10 years!). Don't miss out on this extraordinary investment opportunity!
Presented by Kathleen Mueller at
MUELLER REALTY.
Property MLS #WS24050949 from CRMLS
Flooring: Carpet, Laminate, Tile, Vinyl
Window Features: Double Pane Windows
Heating: Yes
Road Frontage Type: City Street
Road Surface Type: Paved
Lot Size Acres: 0.144146
Lot Size Source: Assessor
Lot Size Square Feet: 6279
Parking Total: 6
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Gardener Expense: 900.00
Maintenance Expense: 13000.00
Tenant Pays: Electricity, Gas
County: Los Angeles
Cap Rate: 4.85
Source Property Type: Residential Income
Insurance Expense: 2125.00
Area: 619 - El Monte
Source Neighborhood: 619 - El Monte
New Taxes Expense: 20000.00
Number of Separate Electric Meters: 7
Number of Separate Gas Meters: 7
Number of Separate Water Meters: 1
Parcel Number: 8105019034
Pest Control Expense: 550.00
Postal Code Plus 4: 2842
Professional Management Expense: 8724.00
Zoning: EMR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $155,105 + $125,559 $280,664 | $8,614 |
| 2021 | $152,064 + $123,098 $275,162 | $8,031 |
| 2020 | $150,505 + $121,836 $272,341 | $7,859 |
| 2019 | $147,554 + $119,448 $267,002 | $7,814 |
| 2018 | $144,661 + $117,106 $261,767 | $7,399 |
| 2017 | $141,825 + $114,810 $256,635 | $7,121 |
| 2016 | $139,045 + $112,559 $251,604 | $6,813 |
| 2015 | $136,957 + $110,869 $247,826 | $6,713 |
| 2014 | $134,275 + $108,698 $242,973 | $6,609 |
| 2013 | $133,669 + $108,207 $241,876 | $6,612 |
| 2012 | $131,049 + $106,086 $237,135 | $6,417 |
| 2010 | $128,480 + $104,006 $232,486 | $6,204 |
| 2009 | $127,823 + $103,475 $231,298 | $6,106 |
| 2009 | $127,520 + $103,229 $230,749 | $6,106 |
| 2008 | $125,317 + $101,447 $226,764 | $5,817 |
| 2007 | $122,860 + $99,458 $222,318 | $5,149 |
$1,600,000
CRMLS
Sold 1998-11-06
$155,000
Public Record
Sold 1984-03-26
$73,000
Public Record
Year Built: 1958
Building Features: 1
Common Walls: 2+ Common Walls
Construction Materials: Stucco
Entry Level: 1
Entry Location: 1 and 2
Foundation Details: Slab
Property Age: 66
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Assessor
Sewer: Sewer: Public Sewer, Water Sewer Expense: 6064.00
Sewer Connected
Water Source: Public
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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.