2529 Adelia Avenue

South El Monte, CA 91733

$1,720,000
Last Sold Price
19
Beds
8
Baths
6,267 Sq. Ft.
$274 / Sq. Ft.
6,267
Sq. Ft.
$274
per Sq. Ft.

Description

2529 -2535 Adelia Ave, South El Monte, 7 units apartment in a high demand rental area. Total ± 6,267 SF building situated in a ± 17,092 SF lot, built in 1939 & 1948. 3 single one-story houses in the front, with their own private yards; one unit 4 beds 2 baths, one unit 3 beds 1 bath, one unit 1 bed 1 bath. 2 two-story buildings in the back, total 4 units, have backyard & courtyard; one building has 3 beds 1 bath downstairs, upstairs has another unit with similar layout; the other building has 3 beds...2529 -2535 Adelia Ave, South El Monte, 7 units apartment in a high demand rental area. Total ± 6,267 SF building situated in a ± 17,092 SF lot, built in 1939 & 1948. 3 single one-story houses in the front, with their own private yards; one unit 4 beds 2 baths, one unit 3 beds 1 bath, one unit 1 bed 1 bath. 2 two-story buildings in the back, total 4 units, have backyard & courtyard; one building has 3 beds 1 bath downstairs, upstairs has another unit with similar layout; the other building has 3 beds 1 bath downstairs, upstairs has another unit with similar layout. 1 built- in garage, 9 carports, 10 open spaces, total 20 parking spaces; the garage and some carports may be used as storage spaces. Separated electric and gas meters, with some newer updates, stable tenants, and convenient location. Current annual gross rental income ±$114,060, with a very good upside potential. Just minutes away from Freeway 10, 60, 605; very close to Rosemead Blvd and Garvey Ave. Groceries, retail plaza, restaurants, bank, stores, auto repairs, etc. nearby. One unit tenant moved out recently; owner just finished updates and ready to rent again. Contact listing agent for rent roll. Please do not disturb tenants, offer subject to interior inspection.
  1. Listed by DORESA WANG • DRE #01523172 • Brokerage DRE #01522426 • TREELINE REALTY

Property Details for 2529 Adelia Avenue

Parking Spaces Total
20
Private Pool
No
Total Units
7.0
Building Type
Attached
Lot Size Source
Public Records
Living Area
6267
Assessor Parcel Number
8102-024-036
Property Attached YN
true

Location

Listing Courtesy of TREELINE REALTY, DORESA WANG, DRE #01523172

Sold By TREELINE REALTY, DORESA WANG, DRE #01523172; PACIFIC ASIA GRP RLTY, INC., HUBERT KING, DRE #00553474

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LISTING UPDATED: 09/07/2021 12:46 PM

Property Details for 2529 Adelia Avenue

StatusClosed
MLS #WS21072933
Days on Market55
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1939
Lot Size0.39 AC / 17,092 SF
CountyLos Angeles County

Location

Listing Courtesy of TREELINE REALTY, DORESA WANG, DRE #01523172

Sold By TREELINE REALTY, DORESA WANG, DRE #01523172; PACIFIC ASIA GRP RLTY, INC., HUBERT KING, DRE #00553474

Add your commute

Building Information for 2529 Adelia Avenue

Stories-Residences-Year Built1939Building Size-Lot Size0.39 AC / 17,092 SF

Payment Calculator

$10,138 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,387

Property Taxes

$751

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2529 Adelia Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $113,460
  • Gross Scheduled Income: $113,460
  • Vacancy Allowance: 2269
  • Gross Operating Income: $111,191
  • Net Operating Income: $64,801
  • Financing: Cash To New Loan
Expense Details
  • Operating Expense: $23,250
  • New Taxes Expense: $23,140
  • Insurance Expense: $5,200
  • Maintenance Expense: $3,600
  • Professional Management Expense: $0
  • Trash Expense: $7,050
  • Water Sewer Expense: $6,000
  • Total Expenses: $46,390
Tax / Assessment Info
  • Tax Tract Number: 433504
  • Tax Lot: 2728
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Additional Parcels Description: 8102024037
  • Lot Features: Lot 10000-19999 Sqft
  • Number Of Units: 7
  • Land Lease: No
  • Land Lease Type: Fee
  • Sewer: Unknown
  • Water Source: See Remarks
Parking Info
  • Garage Spaces: 1
  • Uncovered Spaces: 10
  • Open Other Spaces Total: 10
  • Parking Garage Spaces: 1
  • Carport Spaces: 9
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,150
  • Unit Type Total Rent: $1,150
  • Unit Type Pro Forma: 1600
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,750
  • Unit Type Total Rent: $1,750
  • Unit Type Pro Forma: 1750
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,230
  • Unit Type Total Rent: $1,230
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,280
  • Unit Type Total Rent: $1,280
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,280
  • Unit Type Total Rent: $1,280
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,395
  • Unit Type Total Rent: $1,395
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 6
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,370
  • Unit Type Total Rent: $1,370
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 7
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 5
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1

Property History for 2529 Adelia Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2529 Adelia Avenue

Taxable ValueLand$260,100Additions$389,640Total$649,740
Tax Record2023$9,009 ($751 / month)
Home Facts
Total Finished SqFt2,510 SqFtAbove Grade Finished SqFt2,510 SqFtLot Size6,698 SqFtStyleTriplexYear Built1948ZoningSER3*CountyLOS ANGELESAPN8102-024-037

Schools near 2529 Adelia Avenue

This home is within El Monte Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Public - 10 to 12
Rating
School
Distance
Potrero Elementary School
PublicK to 8

South El Monte 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.

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Listing Courtesy of TREELINE REALTY, DORESA WANG, DRE #01523172

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.