11139 Kauffman Street
El Monte, CA, 91731 $ 1,850,000
Bedrooms9 Baths4.0 Sq 4,114 Monthly Estimate*
$ 12,296
Listed by CB RICHARD ELLIS
for $1,850,000 with 9 bedrooms and 4 full baths. This 4,114 square foot home was built in 1940 on a lot size of 0.3512.
We are proud to present an exceptional investment opportunity: an eight-unit multifamily property located at 11139-11147 Kauffman Street in the vibrant City of El Monte. Ideally situated north of Romana Boulevard, 11139-11147 Kauffman Street offers a unique blend of classic charm and modern functionality. Residents enjoy convenient access to the 10 Freeway, the Metrolink El Monte Train Station, and a vibrant scene with dozens of shops, diverse restaurants, and exciting entertainment options within close proximity. El Monte offers a strong sense of community, with parks, schools, and activities that cater to families. It boasts a diverse food scene, influenced by its multicultural population. Steeped in history, the city offers a glimpse into the past at the El Monte Historical Museum and the Santa Fe Trail Historical Park. Beyond its rich heritage, El Monte boasts a convenient location with easy access to Los Angeles County, Orange County, and the Inland Empire. Nestled within the San Gabriel Valley, El Monte is surrounded by vibrant neighbors like Pasadena, Arcadia, Rosemead, Monrovia and West Covina. Within a 20-mile radius, you’ll find a wealth of local landmarks, including the world-renowned Huntington Library, The Rose Bowl, Dodger Stadium, and Crypto.com Arena. For outdoor enthusiasts, there’s Irwindale Speedway, Arcadia Golf Course, and Rosemead Park. The property features on-site laundry, private patios or yards, well-kept mature landscaping, garage parking and/or storage, and on-site parking. Some units are renovated with vinyl wood plank flooring and modern cabinetry, and all come equipped with functional kitchens and security screen doors. 11139-11147 Kauffman Street is a prime San Gabriel Valley income-producing property and a great long-term investment. The property is in a stable rental market area and offers stability for any type of investor, whether it may be a first-time purchaser, seasoned investor, or a 1031 exchange buyer.
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FeaturesGeneralSewer PublicSewer
Heating WallFurnace
Cooling WallWindowUnits
Zoning EMR3*
Garage Spaces 4.0
Pool Features None
Year Built 1940
Stories 2
Levels Two
Property SubType Apartment
Gross Income 138900.0
Community Features Curbs Sidewalks
Additional Parcels Description 8568030026
County Los Angeles
Net Operating Income 75162.0
Operating Expense 59571.0
Insurance Expense 1646.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions Merge onto I-10 W Take exit 29B to merge onto Valley Blvd Turn right onto Tyler Ave Turn right onto Kauffman St
City El Monte
Entry Location 1
View Y/N N
Senior Community Y/N N
Open Parking Spaces 10.0
Total Units 8
MLS Area 619 - El Monte
Lot Size Square Feet 15300.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 8
Street Name Kauffman
Listing Terms Cash CashtoNewLoan
Spa Features None
Property Attached Y/N Y
Land Lease Y/N N
Electric Expense 10950.0
Home Warranty Y/N N
Fuel Expense 6200.0
Trash Expense 5400.0
Water Sewer Expense 2400.0
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 0
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 8
Total Actual Rent 136500.0
Property Sub Type Additional Apartment
Taxes 25899.0
Cap Rate 4.06
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InteriorFlooring Vinyl
Total Stories 2
Common Walls Item2CommonWalls
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Street
Laundry Features CommonArea
Entry Level 1
Electric On Property Y/N N
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ExteriorLot Features Item610UnitsAcre
Water Source Public
Total Parking 14.0
Lot Size Area 15300.0
Number of Buildings 5
Spa N
Building Area Total 4114.0
Lot Size Acres 0.3512
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 7
Number of Separate Electric Meters 1
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $12,296
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in El Monte, CA
Average List Price $1,317,325
Percent of Sale Price 29%
About El Monte, CA 113,681 Population
-1% Since 2002
$ 41,088 Median Income
34.42 Median Age
38% Households with Children
Trends Information provided by ATTOM Data Solutions.
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
5/3/2024 | $1,850,000 | | Listed Price |