3 months on rocket

10809 Elliott Ave, El Monte, CA, 91733

$1,400,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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10809 Elliott Ave, El Monte$1,400,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingDetached Carport
Year Built1959
HeatingWall Furnace
CoolingWall/Window Unit(s)
FireplaceNone
ViewNone
MLS #IG24164863
Lot Size0.15 Acres
StatusActive

About 10809 Elliott Ave

Introducing a lucrative four-unit income property nestled in the heart of El Monte, California, conveniently positioned between the 60 Freeway , 605 Freeway & the 10 Freeway. This excellent investment opportunity boasts an array of features that make it an attractive choice for savvy investors. Just completely remodeled 1 1/2 years ago, New everything, New white shaker kitchen cabinets, New stainless steel sinks/faucetts, New Quartz counters, New range, New garbage disposal, New white faux blinds, New stoves, New paint inside/outside, New range hoods, New doors/hardware, New LVT flooring, New bathrooms to include tubs/showers, cabinet, counters, lighting, fixtures, toilets and sinks, New air conditioners with remotes, New dual sided wall heaters, New tankleess water heaters, New thermostats, New sub-panel, New electrical outlets, New sliding glass doors, New Low E dual pane windows, New landscaping, New outdoor lighting with timers, Property Details: Number of Units: 4 Unit Configuration: All units consist of two bedrooms & one bathroom, each spanning approximately 800 Sq/Ft. Flooring: New LVT flooring throughout, ensuring durability and low maintenance for the property. Tenant Stability: Current tenants have established a standing presence on the property, approx 1.5 years, providing a stable & consistent rental income stream. Additional Income Source: The property offers 3 additional assigned parking spaces. Modern Amenities: All units are equipped with wall air conditioning units, dual-sided wall furnaces ensuring comfortable living for tenants year-round. Moreover, washer dryer hookups are conveniently provided inside each unit for added convenience & desirability. Utility Configuration: Separate Electric and Gas meters for all units provide ease of management and enable tenants to have individual control over their utility expenses. . Carports: All units come with one covered carport. Spaciousness & Land: The combined square footage of all units is an impressive 3200, and the property sits on a 6442 Sq/Ft lot, offering ample outdoor space. The property presents an exceptional opportunity for an astute investor seeking a well-maintained, income-generating property in a prime location 14 miles to downtown Los Angeles and 30 miles to Santa Monica Beach.. With its established tenant base, completely remodeled units, this property promises an excellent return on investment & continued financial success. 10813 El Monte, can be sold as a porfolio package

Property Details

Property Features

Property Information:

  • Year Built: 1959
  • Stories: 1

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (951) 217-8878
  • Listing Agent: John Simcoe

Interior Features

Interior Information:

  • Appliances: Range
  • Flooring Type: Laminate
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Parking: Detached Carport

Lot Features

Lot Information:

  • Lot: Front Yard
  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,400,000

Tax Information:

  • Annual Amount: $15,036
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in El Monte, CA.

Med. Sold Price

$750K

Med. Price/SqFt

$497

Avg. Days On Market

33

# of Sold Homes

22

10809 Elliott Ave vs El Monte

99 DAYS ON ROCKET

+66 Days

$1,400,000

+$650K More

KEY TAKEAWAY

This property is $650K more than the Median Sold Price in El Monte, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #IG24164863

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (951) 217-8878
  • Listing Agent: John Simcoe

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 10:21:08 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$15,036$1,012,379
2020$3,486$157,314
2019$3,291$154,231
2018$3,182$151,208
2017$3,182$148,244

History based on county public records data.

Payment Calculator

$7,055

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,264

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-380780
4
/10
  • Miramonte Elementary School

  • 10620 Schmidt Rd

  • 0.19 miles

  • Public District Grades KG-6

school-card-donut-380781
6
/10
  • Wilkerson School

  • 2700 Doreen Ave

  • 0.37 miles

  • Public District Grades KG-6

school-card-donut-380782
6
/10
  • New Lexington School

  • 10410 Bodger St

  • 0.49 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,358. Most El Monte, CA residents have annual incomes between $35k-100k. The most common type of family is married, with kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket HomesCaliforniaLos Angeles CountyEl Monte9173310809 Elliott Ave

This home is located at 10809 Elliott Ave in El Monte, CA and zip code 91733 in the The San Gabriel Valley neighborhood. This home, which was built in 1959, sits on a 0.15 acre lot. It has been listed on Rocket Homes since August 10, 2024 and is currently priced at $1,400,000.

Over 12 listings were sold over their listed price in October 2024 in El Monte, CA. In the same period over 8 listings were sold below the listed price and 2 listings were sold for the listed price. The number of homes for sale in El Monte, CA increased by 10.5% between September 2024 and October 2024. In October 2024, listings were on the market for 33 days. During the same period, the median list price in this real estate market was $750,000.

From Rocket Homes Real Estate and based on county public records data.

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