NOT LISTED FOR SALE

Estimated Value: $1,398,443 - $1,627,000

7 Beds
5 Baths
3,051 Sq Ft
$496/Sq Ft Est. Value

Last Sold July 31, 2019

Last sale price $960,000 $315 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $9,152/month

15 Days on Market

About This Home

As of July 2019

We are proud to present this five unit apartment complex in the City of El Monte. Built in 1946, the subject property consists of three one bedroom / one bathroom units and two two bedroom / one bathroom units. The subject property is being offered for the first time in over 40 years. The apartment consists three buildings which the front stand alone house has two bedroom one bathroom unit. The second building are also single story building with three one bedroom / one bathroom unit. The end unit has two bedroom / one bathroom on the 2nd floor with 3 enclosed garage parking on the first floor. Each unit is individually metered for gas and electricity with master metered for water. Due it's long term tenancy, the current rents are approximately 42% below market

Last Agent to Sell the Property

David Lin

Colliers International Greater Los Angel License #01894476 Listed on: 06/04/2019

Last Buyer's Agent

David Lin

Colliers International Greater Los Angel License #01894476 Listed on: 06/04/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 7,988 Sq Ft Lot

Parking

  • 3 Car Garage
  • Assigned Parking

Interior Spaces

  • 3,051 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace

Community Details

  • 3 Buildings
  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 8580-013-017

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: Please call listing agent, Edward Pan, at 213-532-3292 for any question.
  • Living Area: 3051
  • Stories: 2
  • Year Built: 1946
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 7
  • Total Bathrooms: 5.00
  • Price Per S Q F T: 344.15

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Garage: Assigned
  • Total Parking: 5

Utilities

  • Cooling: Wall/Window
  • Heating: Floor Furnace
  • Water Expense: 2100.00

Fee Information

  • Insurance Expense: 1650.00
  • Maintenance Expense: 2721.00
  • Other Expense: 720.00
  • Trash Expense: 1900.00

Lot Info

  • Assessed Improvement Value: 71801
  • Assessed Land Value: 15397
  • Assessor Parcel Number: 8580-013-017
  • Geocode Override: No
  • Lot Size Area: 7988

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 19.89
  • Number Of Units: 5
  • Type Of Units: Residential

Tax Info

  • Tax Expense: 16200.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2023
Sold by
Liou Henry Lih Ping
Bought by
Henry Liou And Gina Pai Living Trust and Liou
Current Estimated Value
$1,512,722

Purchase Details

Closed on
Aug 13, 2020
Sold by
Liou Henry Lih Ping and Liou Lihping Henry
Bought by
Liou Henry Lih Ping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 30, 2020
Sold by
Chen Liwei and Chan Sze Ki
Bought by
10326 Bodger Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 4, 2019
Closed on
Jul 22, 2019
Sold by
Snow Alan F and Snow Cecile
Bought by
Liou Linping Henry and Chen Liwei
Seller's Agent
David Lin
Colliers International Greater Los Angel
Buyer's Agent
David Lin
Colliers International Greater Los Angel
List Price
$1,050,000
Sold Price
$960,000
Premium/Discount to List
-$90,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.35%

Purchase Details

Listed on
Jun 4, 2019
Closed on
Jul 10, 2019
Sold by
Kang Hsiao Man
Bought by
Lin Jeff Yenting
Seller's Agent
David Lin
Colliers International Greater Los Angel
Buyer's Agent
David Lin
Colliers International Greater Los Angel
List Price
$1,050,000
Sold Price
$960,000
Premium/Discount to List
-$90,000
-8.57%

Purchase Details

Closed on
Jul 1, 2008
Sold by
Snow Alan F and Snow Cecile M
Bought by
Snow Alan F and Snow Cecile
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Henry Liou And Gina Pai Living Trust -- None Listed On Document
Liou Henry Lih Ping -- Chicago Title Company
10326 Bodger Llc -- Chicago Title Company
Liou Henry Lih Ping -- Chicago Title Company
Liou Linping Henry $960,000 Stewart Title Of Ca Inc
Lin Jeff Yenting -- Stewart Title Of Ca Inc
Chan Sze Ki Teona -- Stewart Title Of Ca Inc
Chen Liwei -- Stewart Title Of Ca Inc
Snow Alan F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 10326 Bodger Llc $510,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2019 07/31/19 Sold $960,000 -8.6% $315 / Sq Ft
06/04/2019 06/04/19 For Sale $1,050,000 -- $344 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,994 $1,049,896 $749,145 $300,751
2024 $14,994 $1,029,310 $734,456 $294,854
2023 $14,708 $1,009,128 $720,055 $289,073
2022 $14,178 $989,342 $705,937 $283,405
2021 $14,364 $969,945 $692,096 $277,849
2020 $14,325 $960,000 $685,000 $275,000
2019 $2,778 $90,719 $16,018 $74,701
2018 $2,622 $88,941 $15,704 $73,237
2016 $2,466 $85,490 $15,096 $70,394
2015 $2,440 $84,207 $14,870 $69,337
2014 $2,415 $82,558 $14,579 $67,979
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-474094

The MLS

APN: 8580-013-017