1
Map
$580,000
●
House -
Off Market
12317 12319 Elliott Avenue
El Monte, CA 91732
2 Beds
1 Bath
1,157 Ft²
$617,543
RealtyHop Estimate
8.34%
Since Dec 1, 2022
CA-Los Angeles
Primary Model
About This Property
*** Big lot, Land value only *** Excellent location! High
visibility with heavy traffic with great opportunity for the
developers! This property has two Units before ,Seller demolished
one of the Unit more than 10 years ago ,now only one Unit with 2
bedroom,1 bathroom on 10,278 SQFT lot, Per record the building
square footage of this property is 1,157 sqft, property to be sold
"AS IS" current condition, Seller and Agents has no Guarantee on
current building size ,Buyer to do their own due diligence .Tenant
occupied ,Property to be delivered with Tenant. This property is
located in 12317-12319 Elliott Avenue, El Monte, with all utilities
onsite , Zoned MMU - Mixed/Multi use, According to City Website
,This property can build 1:1 FAR, Maximum Height is 4 stories or 50
ft ,subject to Parking and fire department requirement ,this
zone Can do Any use permitted in the C-1, C-2, and C-O zone,
Schools, specialized education and training...So many uses, Buyer
and Buyer Agent to verify With City
Unit Size
1,157 Ft²
Days on Market
439 days
Land Size
0.24 acres
Price per sqft
$493
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1935
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (CRMLS #AR21201829)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 15, 2025 | Sold | ||
| Sold | |||
| Jan 5, 2025 | In contract | - | |
| In contract | |||
| Oct 12, 2024 | Listed by KO TAI REALTY | $1,198,000 | |
| Listed by KO TAI REALTY | |||
| | |||
|
Gorgeous new constructed home with detach 2 car garage, providing peace and tranquility. It’s super bright and flowing inside, 3 bedroom + 2 bath room, perfect for those seeking both comfort and style, and conveniently located in the vibrant El Monte. The front yard features a security automatic gate and a cement driveway. You'll be greeted by a unique and friendly courtyard. The living room seamlessly connects to the dining area, Open style living room and kitchen, 3 bedroom + 2 bath, enjoy beautiful views of the serene front yard. Additional features of this home including detached two-car garage (garage can change to 1 bed+ 1 bath ADU) or can build a 800 sqft ADU in the front yard, a back court yard perfect for outdoor gatherings, and 4 split unit A/C for optimal comfort. The beautiful front and back lawns are designed for low maintenance. Located within the popular school, Make this beautiful home a must to see today!
| |||
| Nov 29, 2022 | Sold | ||
| Sold | |||
| Sep 16, 2021 | Listed by Coldwell Banker Dynasty Arc. | $570,000 | |
| Listed by Coldwell Banker Dynasty Arc. | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Status
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ft²
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HOA + Taxes
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Listed by: Henry Liu, Coldwell Banker Dynasty Arc.
Last Updated: 5 months ago
Data Source: CRMLS, MLS# AR21201829
Last Updated: 5 months ago
Data Source: CRMLS, MLS# AR21201829
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