11139 Kauffman Street

11139 Kauffman Street

El Monte, CA 91731

$1,850,000
Price
6
Beds
8
Baths
4,114 Sq. Ft.
$450 / Sq. Ft.
4,114
Sq. Ft.
$450
per Sq. Ft.
a front view of a house with a yard and potted plants
a view of a house and outdoor space
a front view of a house with a yard
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a car parked in front of house
a car parked in front of a house
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a front view of a house with garden
a front view of a house with potted plants
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a front view of a house with garden
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a house view with a garden space
a front view of a house with garden
a front view of a house with garden
a front view of a house with a yard
a front view of a house with garden
a front view of house with yard and green space
a view of a house with a yard and potted plants
a house view with a garden space
a front view of a house with a yard and potted plants
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a front view of a house with garden
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a view of a house with a yard
a front view of a house with a yard
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a view of a yard with plants
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an aerial view of residential houses with outdoor space and trees
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a bathroom with a toilet
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Description

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...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.
  1. Listed by ERIC CHEN • DRE #01489184 • Brokerage DRE #00409987 • CB RICHARD ELLIS • 626-757-5717

Property Details for 11139 Kauffman Street

Parking Spaces Total
14
Private Pool
No
Cooling Type
Wall/Window
Total Units
8.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
4114
Assessor Parcel Number
8568-030-025

Location

Listing Courtesy of CB RICHARD ELLIS, ERIC CHEN, DRE #01489184
Add your commute
LISTING UPDATED: 05/02/2024 11:28 AM

Property Details for 11139 Kauffman Street

StatusActive
MLS #CV24088746
Days on Market17
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1940
CountyLos Angeles County

Location

Listing Courtesy of CB RICHARD ELLIS, ERIC CHEN, DRE #01489184
Add your commute

Building Information for 11139 Kauffman Street

Building/Complex11139 Kauffman StFloor-Stories2Residences-Pet Policy-Year Built1940Building Size-

Payment Calculator

$11,515 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,096

Property Taxes

$1,419

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 11139 Kauffman Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $138,900
  • Gross Scheduled Income: $138,900
  • Vacancy Allowance: 4167
  • Gross Operating Income: $134,733
  • Net Operating Income: $75,162
  • Laundry Income: $2,400
  • Gross Multiplier: 13.32
  • Cap Rate: 4.06
Expense Details
  • Operating Expense: $59,571
  • New Taxes Expense: $25,899
  • Gardener Expense: $960
  • Fuel Expense: $6,200
  • Electric Expense: $10,950
  • Insurance Expense: $1,646
  • Maintenance Expense: $4,716
  • Professional Management Expense: $0
  • Other Expense: $1,400
  • Other Expense Description: Reserves
  • Trash Expense: $5,400
  • Water Sewer Expense: $2,400
  • Total Expenses: $59,571
Tax / Assessment Info
  • Tax Tract Number: 2788
  • Tax Census Tract: 4327.00
  • CFD/Mello-Roos Fee: $1,796
  • Tax Lot: 8
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Flooring: Vinyl
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Additional Parcels Description: 8568030026
  • Lot Features: 6-10 Units/Acre
  • Number Of Units: 8
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Uncovered Spaces: 10
  • Open Other Spaces Total: 10
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,425
  • Unit Type Total Rent: $34,200
  • Unit Type Pro Forma: 3300
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 4
  • 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: $1,350
  • Unit Type Total Rent: $64,800
  • Unit Type Pro Forma: 1800
  • 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: $1,575
  • Unit Type Total Rent: $18,900
  • Unit Type Pro Forma: 2250
  • 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: $1,550
  • Unit Type Total Rent: $18,600
  • Unit Type Pro Forma: 2450
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 8
  • Rent Controlled: Yes
  • Number Of Buildings: 5
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1

Property History for 11139 Kauffman 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 11139 Kauffman Street

Taxable ValueLand$811,920Additions$357,420Total$1,169,340
Tax Record2023$17,031 ($1,419 / month)
Home Facts
Total Finished SqFt2,732 SqFtAbove Grade Finished SqFt2,732 SqFtLot Size7,686 SqFtStyleMulti-Family Res (5+ Units)Year Built1940ZoningEMR3*CountyLOS ANGELESAPN8568-030-025

Schools near 11139 Kauffman Street

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

Wright Elementary School
PublicK to 8

Arroyo High School
Public9 to 12

El Monte Union High School Community Day
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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More information about 11139 Kauffman Street, El Monte, CA 91731

11139 Kauffman Street is a multi-family home for sale in El Monte, CA 91731. This property was listed for sale on May 2, 2024 by CB RICHARD ELLIS, it's currently listed at $1,850,000. It has been on the market for a total of 17 days and was last sold on July 1, 2021. This listing's school districts are El Monte Union High School District, El Monte City School District. Nearby schools include Legore Elementary School, Wright Elementary School and Arroyo High School. 11139 Kauffman Street is a 6-bed, 8-bath, 4,114 sqft multi-family home built in 1940.

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 CB RICHARD ELLIS, ERIC CHEN, DRE #01489184

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.