NOT LISTED FOR SALE

Estimated Value: $1,092,000 - $1,641,000

8 Beds
8 Baths
3,952 Sq Ft
$340/Sq Ft Est. Value

Sale Details

Date Sold: January 29, 2016

Last sale price $870,000 $220 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $8,604 / mo

126 Days on Market

Highlights

  • Property is near public transit
  • Rectangular Lot
  • Front Yard

About This Home

As of January 2016

!!!!!!! NEW HUGE REDUCTION PRICE !!!!!!! ATTENTION INVESTORS !!!!!!!! Here is a fantastic opportunity to own a great Fourplex townhouse style. Property is located in a excellent area of City El Monte. Its close to shopping area, school and major freeways. Property features a good size 2 beds & 2 baths, with almost 1,000 sqft each unit. All Units have nice title floors, except the bedrooms which have carpet. All units are in average condition. Seller did some repairs recently. All units are occupied with great tenants. All tenants are month to month, so new owner can increase rent for better income. Owner is collecting 1,200 monthly for each unit plus extra income for laundry. There are 8 parking spaces in the back plus a big driveway. The access is controlled by the automatic gate door.

Last Agent to Sell the Property

David Guizado

First Family Homes License #01490126 Listed on: 09/22/2015

Last Buyer's Agent

Cheuk Chan

YORK LA INVESTMENT License #01257250

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 8,188 Sq Ft Lot
  • 1 Common Wall
  • Rectangular Lot
  • Level Lot
  • Flag Lot
  • Front Yard
  • Density is up to 1 Unit/Acre

Home Design

  • 3,952 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Laundry

  • Leased Washer and Dryer

Parking

  • 16 Parking Spaces
  • Parking Available
  • Assigned Parking

Location

  • Property is near public transit
  • Urban Location

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 11253
  • Assessor Parcel Number 8105018011

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Maintenance Expense $1,200
  • Trash Expense $2,400
  • Water Sewer Expense $1,800
  • Gross Income $4,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

8,188 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1800.00
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 8105018011
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 220.14

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 16.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Trash Expense: 2400.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Lot Features: 0-1 Unit/Acre, Front Yard, Flag Lot, Rectangular Lot, Level with Street, Near Public Transit
  • Lot Size Sq Ft: 8188.00
  • Price Per Lot Square Foot: 106.25
  • Lot Size Acres: 0.1880

Multi Family

  • Gross Income: 4800.00
  • Gross Scheduled Income: 57600.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 8188.0000 Square Feet
  • Maintenance Expense: 1200.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 250.00
  • Rent Control: No

Tax Info

  • Tax Lot: 7
  • Tax Tract Number: 11253

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

Closed on
Jun 21, 2016
Sold by
Bought by
Current Estimated Value
$1,342,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
0.0361%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
0.0361%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 22, 2015
Closed on
Jan 22, 2016
Sold by
Bought by
Seller's Agent
David Guizado
First Family Homes
Buyer's Agent
Cheuk Chan
YORK LA INVESTMENT
List Price
$975,000
Sold Price
$870,000
Premium/Discount to List
-$105,000
-10.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.22%
Original Mortgage
$265,000
Interest Rate
0.0394%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
0.0612%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,776
Interest Rate
0.0786%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 5, 1997
Sold by
Bought by

Purchase Details

Closed on
Nov 4, 1996
Sold by
Bought by
Source: Public Records

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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
-- None Available
-- Pacific Coast Title Company
$870,000 Chicago Title Company
-- Old Republic Title Company
$272,000 Investors Title Company
$177,500 Chicago Title Co
$230,000 Chicago Title Company
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
Previous Owner $150,000
Previous Owner $265,000
Previous Owner $129,000
Previous Owner $453,300
Previous Owner $415,000
Previous Owner $337,500
Previous Owner $269,776
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
01/29/2016 01/29/16 Sold $870,000 -10.8% $220 / Sq Ft
01/26/2016 01/26/16 Pending -- -- --
09/22/2015 09/22/15 For Sale $975,000 -- $247 / 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
2025 $15,492 $1,029,898 $733,951 $295,947
2024 $14,417 $1,009,705 $719,560 $290,145
2023 $14,187 $989,907 $705,451 $284,456
2022 $13,646 $970,498 $691,619 $278,879
2021 $13,975 $951,469 $678,058 $273,411
2019 $13,545 $923,250 $657,948 $265,302
2018 $12,964 $905,148 $645,048 $260,100
2016 $5,564 $346,211 $133,647 $212,564
2015 $5,246 $341,012 $131,640 $209,372
2014 $6,728 $334,333 $129,062 $205,271
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW15210006

California Regional Multiple Listing Service (CRMLS)

APN: 8105-018-011

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