NOT LISTED FOR SALE

Estimated Value: $924,000 - $1,178,000

4 Beds
4 Baths
2,040 Sq Ft
$506/Sq Ft Est. Value

Last Sold January 04, 2018

Last sale price $692,000 $339 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $6,658/month

21 Days on Market

Highlights

  • Lawn
  • Cul-De-Sac
  • Laundry Room
  • Arroyo High School Rated A-
  • Cooling System Mounted To A Wall/Window
  • Central Heating

About This Home

As of January 2018

North El Monte Duplex offers excellent opportunity! Located on a quiet cul-de-sac street this property has been lovingly maintained for the last 40 years. The front yard is beautifully groomed with a lush green lawn, flowers and rose bushes. Each unit of the duplex features two bedrooms and 1 1/2 baths with a private rear patio area. The property owner has lived at 11041 for 40 years, and 11043 is occupied by a great long-standing tenant. An excellent opportunity to own income property...live in one unit and rent the other. This property is sure to please!

Last Agent to Sell the Property

Wendy Gruber

Seven Gables Real Estate License #01798822 Listed on: 11/14/2017

Seven Gables Real Estate

Last Buyer's Agent

Phuong Tran

License #01244209

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,625

Year Built

  • Built in 1966

Lot Details

  • 5,402 Sq Ft Lot
  • 1 Common Wall
  • Cul-De-Sac
  • Front Yard Sprinklers
  • Lawn
  • Back and Front Yard

Parking

  • 3 Car Garage

Home Design

  • 2,040 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 4
  • Tax Tract Number 25034
  • Assessor Parcel Number 8570003032

Community Details

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $1,000
  • Trash Expense $720
  • Water Sewer Expense $840
  • Operating Expense $3,760
  • Gross Income $16,800
  • Net Operating Income $13,040

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,625

Year Built

Built in 1966

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 840.00
  • Zoning: EMR3YY
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 8570003032
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 339.22
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area, In Garage
  • Sewer: Public Sewer
  • Trash Expense: 720.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Lawn, Sprinklers In Front
  • Lot Size Sq Ft: 5402.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 16800.00
  • Gross Scheduled Income: 16800.00
  • Insurance Expense: 1000.00
  • Net Operating Income: 13040.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 3760.00
  • Rent Control: No
  • Total Actual Rent: 1400.00
  • Total Expenses: 3760.00

Tax Info

  • Tax Census Tract: 4324.02
  • Tax Lot: 4
  • Tax Tract Number: 25034

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2017
Closed on
Dec 6, 2017
Sold by
Belen Marta N and Marta N Belen Living Trust
Bought by
Phung Norman Hien Dat and Phung Ying Chia
Seller's Agent
Wendy Gruber
Seven Gables Real Estate
Buyer's Agent
Phuong Tran
List Price
$658,000
Sold Price
$692,000
Premium/Discount to List
$34,000
5.17%
Total Days on Market
21
Current Estimated Value
$1,032,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$340,358
Avg. Annual Appreciation
4.86%
Original Mortgage
$415,000
Outstanding Balance
$356,486
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$628,665
Source: Public Records

Similar Homes in the area

  • 2843 Parkway Dr, El Monte, CA 91732

    $1,199,000

    • 6 Beds
    • 3 Baths
    • 2,500 Sq Ft
    • 2843 Parkway Dr
    • El Monte, CA

    Exceptional Duplex with Massive Development Potential in El Monte!Seize this rare investment opportunity! This spacious duplex sits on an enormous 21,000 sqft lot, offering endless possibilities for expansion. The first unit features 3 bedrooms and 1 bath, while the second unit boasts 3 bedrooms and 2 baths—ready for your personal touch and delivered vacant for immediate use or renovation.With

    Richard Carlos ROA California Inc

    Section Image
  • 3827 Pine Ave, El Monte, CA 91731

    $769,000

    • 5 Beds
    • 3 Baths
    • 1,932 Sq Ft
    • 3827 Pine Ave
    • El Monte, CA

    Here is an exceptional investment opportunity comprising two tenant-occupied units in El Monte, California. One unit has 3 beds/1.5 baths with an attached garage and the other unit has 2 beds/1 bath and a gated driveway. This property offers immediate cash flow with established tenants in place, providing a stable income stream from day one. You can also live in one and rent out the other.

    Henry Suarez KW Covina

    Section Image
  • 3908 Velma Ave, El Monte, CA 91731

    $1,190,000

    • 5 Beds
    • 3 Baths
    • 2,120 Sq Ft
    • 3908 Velma Ave
    • El Monte, CA

    LOCATION! LOCATION! LOCATION!!! BREAD AND BUTTER 3 UNITS: LIVE IN ONE RENT OTHERS. 3906A: 2 BEDROOMS 1 BATH WITH ATTACHED 2 CAR GARAGE; 3906B: 2 BEDROOMS 1 BATH WITH ATTACHED 1 CAR GARAGE, 3908: 1BEDROOM 1BATH....

    Winnie Tran AMG REAL ESTATE

    Section Image
  • 11408 Garvey Ave, El Monte, CA 91732

    $780,000

    • 4 Beds
    • 3 Baths
    • 2,575 Sq Ft
    • 11408 Garvey Ave
    • El Monte, CA

    This mixed-use property presents a unique investment opportunity, offering a versatile combination of commercial and residential spaces in a highly sought-after location. The property includes three units: the front unit, previously operated as a barber shop, is designated for commercial use, while the two rear units are residential—one featuring two bedrooms and one bathroom, and the other a

    Crystal Zheng KW Executive

    Section Image
  • 2145 Cogswell Rd, El Monte, CA 91733

    $980,000

    • 4 Beds
    • 4 Baths
    • 2,137 Sq Ft
    • 2145 Cogswell Rd
    • El Monte, CA

    Great investment opportunity in the heart of El Monte! This well-maintained 4-unit property sits on a generous 8,077 sq ft lot and offers strong rental potential in a high-demand area. Each unit provides comfortable living space with great upside for future income growth. Conveniently located near schools, shopping centers, and major freeways, this property is ideal for both investors and

    Tommy Kim Lifetime Realty Inc

    Section Image
  • 3123 Heglis Ave, Rosemead, CA 91770

    $1,250,000

    • 6 Beds
    • 5 Baths
    • 2,280 Sq Ft
    • 3123 Heglis Ave
    • Rosemead, CA

    This exceptional duplex presents a unique opportunity, featuring a newly remodeled front home and a brand-new back home, both completed in 2023. The property offers a total of 6 generously sized bedrooms and 5 well-appointed bathrooms, spanning 2,280 square feet of meticulously designed living space. The front home has been updated to reflect modern living standards, while the back home is a

    Jessica Liu Itoren Corporation

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Phung Norman Hien Dat $692,000 North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phung Norman Hien Dat $415,000
Previous Owner Belen Marta N $73,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2018 01/04/18 Sold $692,000 +5.2% $339 / Sq Ft
12/05/2017 12/05/17 Pending -- -- --
11/14/2017 11/14/17 For Sale $658,000 -- $323 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2024 $10,625 $771,936 $334,654 $437,282
2023 $10,503 $756,801 $328,093 $428,708
2022 $10,108 $741,962 $321,660 $420,302
2021 $10,251 $727,414 $315,353 $412,061
2019 $10,465 $705,840 $306,000 $399,840
2018 $2,357 $129,903 $36,927 $92,976
2016 $2,148 $124,860 $35,494 $89,366
2015 $2,121 $122,985 $34,961 $88,024
2014 $2,058 $120,577 $34,277 $86,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR17257338

California Regional Multiple Listing Service (CRMLS)

APN: 8570-003-032