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Sold for $2,030,000
  • Listed by: RE/MAX 2000 REALTY • Kristopher German • Contact: 626-427-0786
    Bought with: RE/MAX 2000 REALTY
    $2,030,000

    12127 Roseglen St, El Monte, CA 91732

    15beds
    7baths
    5,744sqft
    Multi Family
    Built in 1956
    -- sqft lot
    $-- Zestimate®
    $353/sqft
    $2,814 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,814/mo

    Zestimate® history
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    What's special

    Convenient onsite parking
    We are pleased to offer for sale a rare investment opportunity in the highly sought after rental community of the city of El Monte: a collection of 6 detached, cottage-style units, on the market for the first time since their initial construction. This unique property spans a vast 40,832 square foot lot (nearly an acre) and offers a substantial rental space of 5,744 square feet. The subject property offers a favorable unit mix that includes; 1(3 Bed/2 Bath), 2(3Bed/1Bath), and 3(2 Bed/1Bath). Tenants are responsible for all utilities, including water (separate meters all units). This aspect significantly reduces operating expenses for the owner, enhancing the investment's appeal. The property is also designed to attract and retain tenants with its ample open spaces, convenient onsite parking, and the coveted amenity of washer/dryer hookups in some units. Furthermore, each unit boasts its own front yard and backyard, offering a sense of privacy and community living. With the immense potential of 37% upside in rental income, and no local city rent control in place, a new owner can take advantage of the repositioning opportunity this investment offers.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kristopher German DRE #01800021 909-645-0443,

    RE/MAX 2000 REALTY

    Bought with:

    Kristopher German, DRE #01800021

    RE/MAX 2000 REALTY

    Source: CRMLS,MLS#: CV24011753MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 15
    • Bathrooms: 7
    Appliances
    • Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside
    Features
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 5,744
    • Total interior livable area: 5,744 sqft

    Property

    Parking
    • Total spaces: 20
    • Parking features: Garage
    • Garage spaces: 3
    • Uncovered spaces: 17
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 0.94 Acres
    • Features: 6-10 Units/Acre, Lot Over 40000 Sqft
    Details
    • Parcel number: 8547008029
    • Zoning: EMR1B*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • New construction: No
    • Year built: 1956

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs, Gutter(s), Sidewalks
    Location
    • Region: El Monte

    Financial & listing details

    • Price per square foot: $353/sqft
    • Tax assessed value: $2,070,600
    • Annual tax amount: $31,080
    • Date on market: 1/19/2024
    • Cumulative days on market: 3 days
    • Listing terms: Cash,Cash to New Loan
    • Total actual rent: 10766
    • Tenant pays: Electricity, Gas, Water

    Price history

    DateEventPrice
    2/1/2024Sold$2,030,000+5.5%$353/sqft
    Source: CRMLS #CV24011753 Report a problem
    1/23/2024Pending sale$1,925,000$335/sqft
    Source: CRMLS #CV24011753 Report a problem
    1/19/2024Listed for sale$1,925,000$335/sqft
    Source: CRMLS #CV24011753 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$31,080 -5.5%$2,070,600 -11.5%
    2024$32,891 +2%$2,340,900 +1354.3%
    2023$32,261 +702.9%$160,969 +2%
    2022$4,018 +0.4%$157,813 +2%
    2021$4,003 +0.5%$154,720 +1%
    2020$3,983 $153,134 +2%
    2019$3,983 +16.7%$150,132 +2%
    2018$3,414 $147,189 +2%
    2017$3,414 +1.5%$144,304 +2%
    2016$3,364 +3.9%$141,475 +1.5%
    2015$3,239 +1.9%$139,351 +2%
    2014$3,179 $136,622 +5%
    2009-- $130,060 +6.1%
    2006-- $122,560
    2005-- $122,560 +4%
    2004-- $117,803 +8.1%
    2000-- $108,977
    Find assessor info on the county website

    Neighborhood: Norwood Cherrylee

    Nearby schools

    GreatSchools rating