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$849,490Estimated home value

Beds
6
Baths
4.0
sq ft
2,290

12137 Emery St, El Monte, CA 91732

12137 Emery St

El Monte, CA 91732

  • Sold On 10/4/2024
Tastefully renovated home with permitted ADU. Main house 5 bedrooms 3 baths 1,930SF can be easily split into 2-3 units with separate entries; Plus newly permitted ADU 360 SF above the 2-car detached garage, make it 4-unit rental property. Remodeled kitchens & baths with Quartz counter top and quality cabinets; Laminate flooring throughout the house; open floor plan, bright and airy; double pane windows, central A/C; patio cover and cozy backyard. 2-car garage plus ample parking spaces, laundry in garage. Solar panel help reducing energy cost. With short term rentals, the property generates over $10,000/month in revenue!!!! CASH COW! CAP RATE up to 9.15%!!! Great investment property; or live in one, rent the rests for additional income. 2-car garage + 5 parking spaces in front yard. Quiet neighborhood, walking distance to elementary school; easy freeway access. HUGE return on your money!!! Last property at the end of a long driveway.

Details

Property type

Single Family Residence

Est. home value

$849,490

Lot size

7,040 sq ft

Price per sq ft

$503

Year built

1960

Price History

10/01/2024
CRMLS

CRMLS #AR24153853

Sold
$1,115,000
-3.04%
08/05/2024
CRMLS

CRMLS #AR24153853

Listed
$1,150,000
+44.29%
05/25/2023
CRMLS

CRMLS #AR23053286

Sold
$797,000

Schools & Community

Neighborhood: 

Norwood Cherrylee

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights, Suburban

High school district: 

El Monte Union High

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Preferred Bank

Loan start date

May 2023

Original loan amount

$526,400

Est. remaining balance

Not provided

Interest rate

6.5%

Loan type

New Conventional, 30 year

Seller

Ni Pu Qu and Wen Huan Lei

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Off Market

Tomo last checked: 11/03/2024 at 6:00 AM

Listing updated: 10/05/2024 at 4:31 AM

Listed by: Min Yang, 1000 Realty Corporation Phone #: (626) 656-8600

MLS: CRMLS #AR24153853

CRMLS logo

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