NOT LISTED FOR SALE
4 Beds
3 Baths
7,902 Sq Ft
0.43 Acre Lot

Sale Details

Date Sold: July 19, 2013

Last sale price $1,320,000 $167 Per Sq Ft

Highlights

  • 0.44 Acre Lot
  • End Unit
  • Landscaped

About This Home

As of July 2013

We are pleased to exclusively offer for sale this 8 unit multi-family property in North El Monte. The subject property consists of a newly remodeled single family residence offering two bedrooms, a large separate dining room and family room and two bathrooms. In addition this unit comes with its own dedicated two-car garage. The second structure consists of seven LARGE two-bedroom units of which utilize onsite carport parking. All tenants have access to an onsite laundry room and large grass area at the back of the property for entertaining.

Last Agent to Sell the Property

Kristopher German

RE/MAX 2000 REALTY License #01800021 Listed on: 06/27/2013

RE/MAX 2000 REALTY

Last Buyer's Agent

Kristopher German

RE/MAX 2000 REALTY License #01800021 Listed on: 06/27/2013

RE/MAX 2000 REALTY
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 18,936 Sq Ft Lot
  • End Unit
  • Landscaped

Parking

  • 2 Car Garage

Home Design

  • 7,902 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tax Lot 8569
  • Tax Tract Number 1
  • Assessor Parcel Number 8569007001

Community Details

Overview

  • 2 Buildings
  • 8 Units

Building Details

  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $912
  • Insurance Expense $2,766
  • Maintenance Expense $6,984
  • Trash Expense $4,014
  • Water Sewer Expense $4,660
  • New Taxes Expense $16,563
  • Gross Income $9,800
  • Net Operating Income $77,625

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0.43 Acres

Parking

2

Listing Details

  • CapRate: 5.86
  • Property Attached: Yes
  • Water Sewer Expenses: 4660.00
  • Property Type: Residential Income
  • Parcel Number: 8569007001
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: End Unit
  • Price Per Square Foot: 167.05

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 4014.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Landscaped
  • Lot Size Sq Ft: 18936.00
  • Lot Size Acres: 0.4350

Multi Family

  • Electric Expense: 912.00
  • Gross Income: 9800.00
  • Gross Multiplier: 11.04
  • Gross Scheduled Income: 117600.00
  • Gross Spendable Income: 117600.00
  • Insurance Expense: 2766.00
  • Lot Size Area: 18936.0000 Square Feet
  • Maintenance Expense: 6984.00
  • Net Operating Income: 77625.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 38775.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 16563.00
  • Tax Lot: 8569
  • Tax Tract Number: 001
  • Tax Year: 2012

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
Jun 27, 2013
Closed on
Jun 14, 2013
Sold by
Chang Alice Yueh
Bought by
Seller's Agent
Kristopher German
RE/MAX 2000 REALTY
Buyer's Agent
Kristopher German
RE/MAX 2000 REALTY
List Price
$1,325,000
Sold Price
$1,320,000
Premium/Discount to List
-$5,000
-0.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$855,000
Outstanding Balance
$600,200
Interest Rate
3.88%
Mortgage Type
Commercial

Purchase Details

Closed on
May 5, 2009
Sold by
Cems Investment Llc
Bought by
Chang Alice Yueh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$790,000
Interest Rate
6.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 16, 2005
Sold by
Mooc Joe and San Jennifer
Bought by
Cems Investment Llc

Purchase Details

Closed on
Dec 27, 2004
Sold by
Stable Enterprises Llc
Bought by
Mooc Joe and San Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$722,800
Interest Rate
5.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 12, 2001
Sold by
Huang Dave and Huang Mary
Bought by
Stable Enterprises Llc

Purchase Details

Closed on
Jun 4, 2001
Sold by
Mitchell Mary Ann and Mitchell Wallace P
Bought by
Huang Dave and Huang Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,250
Interest Rate
6.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 27, 1997
Sold by
Mitchell Gary L and Mitchell Nedda L
Bought by
Mitchell Gary L and Mitchell Nedda
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$1,320,000 Fidelity Title Company
Chang Alice Yueh $1,250,000 Fidelity National Title Co
Cems Investment Llc -- --
Mooc Joe $1,112,000 Ticor Title Company
Stable Enterprises Llc -- --
Huang Dave $455,000 First American Title Co
Mitchell Gary L -- --
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 $855,000
Previous Owner Chang Alice Yueh $790,000
Previous Owner Cems Investments Llc $900,000
Previous Owner Mooc Joe $722,800
Previous Owner Huang Dave $341,250
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
07/19/2013 07/19/13 Sold $1,320,000 -0.4% $167 / Sq Ft
06/27/2013 06/27/13 For Sale $1,325,000 -- $168 / Sq Ft
05/29/2013 05/29/13 Pending -- -- --
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 $25,495 $1,650,496 $825,248 $825,248
2025 $25,495 $1,618,134 $809,067 $809,067
2024 $23,476 $1,586,406 $793,203 $793,203
2023 $23,032 $1,555,300 $777,650 $777,650
2022 $22,209 $1,524,804 $762,402 $762,402
2021 $22,467 $1,494,906 $747,453 $747,453
2020 $22,404 $1,479,578 $739,789 $739,789
2019 $22,898 $1,450,568 $725,284 $725,284
2018 $22,408 $1,422,126 $711,063 $711,063
2016 $21,437 $1,366,904 $683,452 $683,452
2015 $21,196 $1,346,372 $673,186 $673,186
2014 $20,408 $1,320,000 $660,000 $660,000
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV13124605

California Regional Multiple Listing Service (CRMLS)
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