11839 Roseglen Street

El Monte, CA 91732

$1,625,000
Last Sold Price
8
Beds
4
Baths
4,000 Sq. Ft.
$406 / Sq. Ft.
4,000
Sq. Ft.
$406
per Sq. Ft.

Description

Attention Investors! This is a special delimiter sentence. This is a special delimiter sentence - Welcome to Roseglen St. an incredible investment opportunity located in the heart of North El monte. At first sight, this multi-family property offers five single houses sitting on a flat lot totaling approx. 31,144 Sq. Ft (per assessor records) each with their own addresses, private entrances and utility meters, also providing a host of beneficial amenities to any investor whose seeking consistent rental...Attention Investors! This is a special delimiter sentence. This is a special delimiter sentence - Welcome to Roseglen St. an incredible investment opportunity located in the heart of North El monte. At first sight, this multi-family property offers five single houses sitting on a flat lot totaling approx. 31,144 Sq. Ft (per assessor records) each with their own addresses, private entrances and utility meters, also providing a host of beneficial amenities to any investor whose seeking consistent rental income in a prime location. Whether you plan to purchase/occupy or rent and enjoy great income potential, this property offers a range of desirable features that make it an excellent choice for those looking to capitalize on the strong rental market. Roseglen St. is comprised of (1) 2Bed/1Bath & (4) 2Bed/1Bath/1garage totaling approx. 4000 Sq.ft of living space. Each unit has their own front and backyard accompanied by plenty of parking space inside the lot, Unit 11839 (2) has been converted to a garage (door only) and a Certificate of Compliance has been issued and is in good standing with the city (Available upon request). Situated within the Unified School District of El monte, Roseglen is close to everything; students of various levels can access nearby schools, multiple grocery markets all within walking distance. Off of North Peck Road and Lower Azusa road, the property is nearby public transportation and major freeways for easy access to LA, San Gabriel Valley, and Inland Empire making it an ideal location for commuters, minutes away from the world famous San Gabriel Valley Eateries, the cities of Alhambra, Monterey Park, Arcadia, San Gabriel, Temple City, and Rosemead are home to some of the most famous food and entertainment you'll find in the greater Los Angeles area. In addition, Investors benefit from high demand and low vacancy rates as the surrounding community is rapidly expanding with new retail business and commerce driving up property value, rent, and long term growth potential for years to come. This property has huge upside potential as the current rents are below market averages in the area. A savvy investor may acquire this asset as a profitable portfolio addition with low expenses; Also an ideal 1031 exchange opportunity to capitalize on tax benefits, so why wait? You don't want to miss on the chance to secure this rare investment in the soaring city of El Monte!
  1. Listed by Alexander Yang • DRE #02158900 • Brokerage DRE #02211662 • BERKSHIRE HATHAWAY CA PROP

Property Details for 11839 Roseglen Street

Parking Spaces Total
5
Private Pool
No
Cooling Type
Attic Fan, Central Forced Air, Wall/Window
Total Units
4.0
Building Type
Detached
Lot Size Source
See Remarks
Living Area
4000
Assessor Parcel Number
8547-003-006

Location

Listing Courtesy of BERKSHIRE HATHAWAY CA PROP, Alexander Yang, DRE #02158900

Sold By Pinnacle Real Estate Group, ANDY AN DUC HUYNH, DRE #01126954

Add your commute
LISTING UPDATED: 08/16/2023 06:30 AM

Property Details for 11839 Roseglen Street

StatusClosed
MLS #CV23078925
Days on Market66
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1935
Lot Size0.72 AC / 31,225 SF
CountyLos Angeles County

Location

Listing Courtesy of BERKSHIRE HATHAWAY CA PROP, Alexander Yang, DRE #02158900

Sold By Pinnacle Real Estate Group, ANDY AN DUC HUYNH, DRE #01126954

Add your commute

Building Information for 11839 Roseglen Street

Stories1Residences-Year Built1935Building Size-Lot Size0.72 AC / 31,225 SF

Payment Calculator

$11,042 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,868

Property Taxes

$2,174

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 11839 Roseglen Street

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas, Water
Income / Expense / Tax Details
Income Details
  • Gross Income: $82,560
  • Gross Scheduled Income: $100,560
  • Net Operating Income: $96,744
  • Current Financing: Conventional
  • Financing: Cash
Expense Details
  • Operating Expense: $3,816
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,900
  • Professional Management Expense: $0
  • Trash Expense: $1,920
  • Water Sewer Expense: $0
  • Total Expenses: $3,816
Tax / Assessment Info
  • Tax Area: 3621
  • Tax Tract Number: 432...
  • Tax Census Tract: 4325.01
  • CFD/Mello-Roos Fee: $1,938
  • Tax Lot: 38
Community / Development
Community / Development
  • Accessibility Features: Parking
  • Disability Access: Other Main Level Modifications
  • Assessments YN: No
  • Assessments: None
  • Community Features: Dog Park, Foothills, Park, Preserve/Public Land, Sidewalks, Street Lights, Suburban
Property / Structure Info
Interior Features
  • Interior Features: Built-in Features, Ceiling Fan(s)
  • Room Type: All Bedrooms Down
  • Bedroom Features: All Bedrooms Down
  • Laundry: Yes
  • Laundry Features: Dryer Included, Gas & Electric Dryer Hookup, Inside, Washer Included
  • Cooling: Central Air, ENERGY STAR Qualified Equipment, Wall/Window Unit(s), Whole House Fan
  • Heating Type: Wall
  • Heating: Wall Furnace
Exterior Features
  • Entry Location: Private
  • Fence: Yes
  • Fence: Cross Fenced
  • Fencing: Average Condition, Brick, Cross Fenced
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 2-5 Units/Acre, Front Yard, Lawn, Lot 20000-39999 Sqft, Rectangular Lot
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Other
  • Sewer: Unknown
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available
  • Electric: Cable Available, Electricity Available, Natural Gas Available, Water Available
  • Water Source: Other
Parking Info
  • Garage Spaces: 5
  • Parking Garage: Direct Entrance, Driveway, Garage, On street, Parking Space
  • Parking Garage Spaces: 5
  • Carport Spaces: 0
  • Parking Features: Direct Garage Access, Driveway, Paved, Garage, Parking Space, Street
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,000
  • Unit Type Total Rent: $2,000
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,850
  • Unit Type Total Rent: $1,850
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,500
  • Unit Type Total Rent: $1,500
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,530
  • Unit Type Total Rent: $1,530
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: No
  • Number Of Buildings: 5
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5

Property History for 11839 Roseglen Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 11839 Roseglen Street

Taxable ValueLand$1,296,769Additions$555,513Total$1,852,282
Tax Record2023$26,087 ($2,174 / month)
Home Facts
Total Finished SqFt3,605 SqFtAbove Grade Finished SqFt3,605 SqFtLot Size31,144 SqFtStyleQuadraplexYear Built1935ZoningEMR1BYCountyLOS ANGELESAPN8547-003-006

Schools near 11839 Roseglen Street

This home is within El Monte Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Cherrylee Elementary School
PublicK to 6

Durfee Elementary School
PublicK to 8

Arroyo High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BERKSHIRE HATHAWAY CA PROP, Alexander Yang, DRE #02158900

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.