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Sold for $1,000,000 on 02/15/24
  • Listing Provided by: 

    Carlos Ascencio DRE #01324790 562-254-8677,

    Re/Max Top Producers

    Bought with: IRN REALTY
    $1,000,000

    11333 Ranchito St, El Monte, CA 91732

    6beds
    3baths
    2,560sqft
    Triplex
    Built in 1943
    -- sqft lot
    $1,130,100 Zestimate®
    $391/sqft
    $2,940 Estimated rent

    Home value

    $1,130,100

    $1.04M - $1.23M

    $2,940/mo

    Zestimate® history
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    $2,940/mo

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    Rent Zestimate®

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    $6,102/mo

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    $6,102/mo

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    What's special

    Welcome to a prime investment opportunity in the heart of North El Monte, California next to Arcadia ! This exceptional triplex presents a lucrative prospect for both seasoned investors and those looking to live in one unit while enjoying rental income from the other two. Situated on an expansive lot spanning over 19,000 square feet, this multi-unit property boasts versatility and potential. The front unit is a spacious 3-bedroom haven with the added convenience of an attached garage. The middle unit features 2 bedrooms, providing a comfortable and desirable living space. Lastly, the rear unit offers a cozy 1-bedroom layout, also accompanied by an attached garage. Beyond the existing charm of these units, the property opens up possibilities for expansion with ample space for additional living areas or the potential to add an Accessory Dwelling Unit (ADU). Imagine the potential for increased value and rental income! Convenience is key, and this property is surrounded by an array of amenities, including shopping centers, nearby transit services, schools, and parks. Whether you're a commuter, a student, or a family, the location caters to diverse needs. Parking is never a concern with plenty of dedicated spaces for each unit, ensuring hassle-free living for tenants and an added perk for potential buyers. Don't miss out on this golden opportunity to invest in a triplex with endless possibilities. Whether you're a savvy investor or someone seeking a strategic and comfortable living arrangement, this property in South El Monte is your gateway to a prosperous real estate venture!

    Zillow last checked: 8 hours ago

    Listing updated: February 16, 2024 at 08:51am

    Listing Provided by:

    Carlos Ascencio DRE #01324790 562-254-8677,

    Re/Max Top Producers

    Bought with:

    YING WU, DRE #02031243

    IRN REALTY

    Source: CRMLS,MLS#: PW23208412MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    Appliances
    • Laundry: Electric Dryer Hookup, Gas Dryer Hookup
    Features
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,560
    • Total interior livable area: 2,560 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Asphalt, Driveway
    • Garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 0.44 Acres
    • Features: Back Yard, Front Yard, Yard
    Details
    • Parcel number: 8570025014
    • Zoning: EMR1B*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Condition
    • New construction: No
    • Year built: 1943

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: El Monte

    Other

    Other facts
    • Listing terms: Cash to New Loan,Conventional,1031 Exchange,FHA,Submit

    Price history

    DateEventPrice
    5/26/2025Listing removed$2,400$1/sqft
    Source: Zillow Rentals
    5/24/2025Listed for rent$2,400$1/sqft
    Source: Zillow Rentals
    2/15/2024Sold$1,000,000-20%$391/sqft
    Source: CRMLS #PW23208412
    1/24/2024Pending sale$1,250,000$488/sqft
    Source: CRMLS #PW23208412
    1/12/2024Listed for sale$1,250,000$488/sqft
    Source: CRMLS #PW23208412

    Public tax history

    YearProperty taxesTax assessment
    2025$15,208 +202.4%$1,020,000 +230.8%
    2024$5,030 +1.9%$308,368 +2%
    2023$4,937 +3.5%$302,322 +2%

    Find assessor info on the county website

    Neighborhood: Norwood Cherrylee

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $1,130,100

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,130,100