NOT LISTED FOR SALE

Estimated Value: $1,963,000 - $2,335,876

9 Beds
6 Baths
4,354 Sq Ft
$494/Sq Ft Est. Value

Sale Details

Date Sold: July 9, 2018

Last sale price $1,475,000 $339 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $13,843 / mo

8 Days on Market

Highlights

  • 16,550 Sq Ft lot
  • No HOA
  • Laundry Facilities

About This Home

As of July 2018

Exclusive Listing in the City of La Puente. This well maintained, 6 unit property is a GREAT INVESTMENT opportunity with plenty of room to increase rents. There is no rent control in this city and all units are month to month. There is carport and assigned parking for each unit on this 16,550 S.F. lot. There is also a laundry room on the property for extra income. Please contact us for more specific information on the property and each unit.

Last Agent to Sell the Property

RONALD CARELS

ELITE REAL ESTATE License #01365132 Listed on: 05/06/2018

Last Buyer's Agent

Kevin Lee

Coldwell Banker Envision License #01720786

Coldwell Banker Envision

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 16,550 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage

Home Design

  • 4,354 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 57
  • Tax Tract Number 14871
  • Assessor Parcel Number 8252010022

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 6 Units

Amenities

  • Laundry Facilities

Building Details

  • 6 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $540
  • Fuel Expense $480
  • Gardener Expense $960
  • Insurance Expense $1,800
  • Trash Expense $1,837
  • Water Sewer Expense $3,240
  • New Taxes Expense $15,918
  • Operating Expense $24,775
  • Gross Income $81,988
  • Net Operating Income $6,812

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0.38 Acres

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 3240.00
  • Zoning: LPR3*
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 8252010022
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 338.77

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1837.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 16550.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 540.00
  • Fuel Expense: 480.00
  • Gross Income: 81988.00
  • Gross Scheduled Income: 88800.00
  • Insurance Expense: 1800.00
  • Laundry Income: 4200.00
  • Net Operating Income: 6811.90
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 588.00
  • Rent Control: No
  • Total Expenses: 24775.00

Tax Info

  • New Taxes Expense: 15918.00
  • Tax Census Tract: 4076.01
  • Tax Lot: 57
  • Tax Tract Number: 14871

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2018
Closed on
May 21, 2018
Sold by
Soto Ismael
Bought by
Seller's Agent
RONALD CARELS
ELITE REAL ESTATE
Buyer's Agent
Kevin Lee
Coldwell Banker Envision
List Price
$1,550,000
Sold Price
$1,475,000
Premium/Discount to List
-$75,000
-4.84%
Current Estimated Value
$2,149,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$674,438
Avg. Annual Appreciation
4.71%
Original Mortgage
$642,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 5, 2016
Sold by
Jaurigue Elvin
Bought by
Jaurigue Avelino M and Jaurigue Emiliana G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$627,426
Interest Rate
3.71%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 24, 2006
Sold by
Menocal Hector and Menocal Gloria
Bought by
Menocal Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,000
Interest Rate
8.04%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 21, 2006
Sold by
Menocal Jorge
Bought by
Jaurigue Avelino M and Jaurigue Emiliana G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,000
Interest Rate
8.04%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 4, 2004
Sold by
Veelik Daniel W and Farfan Beatriz B
Bought by
Menocal Hector and Menocal Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
5.57%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in La Puente, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,475,000 Orange Coast Title Company
Jaurigue Avelino M -- Fidelity Title Company
Soto Ismael $1,250,000 Fidelity Title Company
Menocal Jorge -- Southland Title
Jaurigue Avelino M $730,000 Southland Title
Menocal Hector $455,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,200,000
Previous Owner Diamond Plus Investments Llc $642,000
Previous Owner Chung Juei Ping $627,426
Previous Owner Jaurigue Avelino M $535,000
Previous Owner Jaurigue Avelino M $562,500
Previous Owner Jaurigue Avelino M $26,000
Previous Owner Jaurigue Avelino M $584,000
Previous Owner Jaurigue Avelino M $584,000
Previous Owner Menocal Hector $69,000
Previous Owner Menocal Hector $409,045
Previous Owner Veelik Daniel W $165,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/09/2018 07/09/18 Sold $1,475,000 -4.8% $339 / Sq Ft
05/14/2018 05/14/18 Pending -- -- --
05/06/2018 05/06/18 For Sale $1,550,000 -- $356 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $23,802 $1,820,522 $910,261 $910,261
2025 $23,802 $1,784,828 $892,413 $892,415
2024 $22,852 $1,749,832 $874,915 $874,917
2023 $21,937 $1,715,522 $857,760 $857,762
2022 $20,971 $1,681,886 $840,942 $840,944
2021 $19,063 $1,520,085 $824,453 $695,632
2019 $18,520 $1,475,000 $800,000 $675,000
2018 $16,252 $1,300,499 $847,509 $452,990
2016 $12,826 $1,045,000 $552,500 $492,500
2015 $10,855 $870,000 $460,000 $410,000
2014 $10,888 $870,000 $460,000 $410,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18103020

California Regional Multiple Listing Service (CRMLS)

APN: 8252-010-022

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