NOT LISTED FOR SALE

Estimated Value: $3,215,813

6 Beds
4 Baths
6,996 Sq Ft
$460/Sq Ft Est. Value

Last Sold July 21, 2017

Last sale price $2,080,000 $297 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $19,415/month

63 Days on Market

Highlights

  • Active Adult
  • 31,340 Sq Ft lot
  • 1-Story Property

About This Home

As of July 2017

City of El Monte 9 unit single story Garden style Property. Property has over 30,000 square foot lot and a good unit mix. It consists of four 2 Bedroom 1 bath, two 3 bedroom 1 bath, one Studio, and two 1 Bedroom 1 bath. Units individually metered. The value of the property is in the lot at 31,250 sq ft.

Last Agent to Sell the Property

Christopher Dumayas

MZ BROKERAGE INC. License #01954052 Listed on: 04/24/2017

Last Buyer's Agent

Amy Wang

High Ten Partners, Inc. License #01349731

High Ten Partners, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 0.72 Acre Lot
  • 1 Common Wall
  • Density is 11-15 Units/Acre

Parking

  • 6 Open Parking Spaces
  • 6 Car Garage
  • 2 Carport Spaces

Home Design

  • Apartment
  • Composition Roof

Interior Spaces

  • 6,996 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 9157
  • Assessor Parcel Number 8105013004

Community Details

Overview

  • Active Adult
  • 8 Buildings
  • 9 Units

Building Details

  • 9 Leased Units
  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $1,980
  • Insurance Expense $3,309
  • Maintenance Expense $7,275
  • Pest Control $220
  • Professional Management Expense $6,901
  • Trash Expense $4,238
  • Water Sewer Expense $1,690
  • New Taxes Expense $24,620
  • Operating Expense $50,489
  • Gross Income $900
  • Net Operating Income $82,173

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Parking

6

Listing Details

  • CapRate: 3.73
  • Professional Management Expense: 6901.00
  • Property Attached: Yes
  • Water Sewer Expenses: 1690.00
  • Zoning: EMR3YY
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1980.00
  • Parcel Number: 8105013004
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 297.31

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 6.00
  • Total Parking Spaces: 14.00
  • Uncovered Spaces: 6.00

Utilities

  • Pest Control Expense: 220.00
  • Sewer: Public Sewer
  • Trash Expense: 4238.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: Yes
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 31340.00

Rental Info

  • Garage Rental Rate: 25.00

Multi Family

  • Average1 Bed Area: 512 Square Feet
  • Average2 Bed Area: 850 Square Feet
  • Average3 Bed Area: 1000 Square Feet
  • Average Studio Area: 350 Square Feet
  • Gross Income: 900.00
  • Gross Multiplier: 18.15
  • Gross Scheduled Income: 121200.00
  • Insurance Expense: 3309.00
  • Maintenance Expense: 7275.00
  • Net Operating Income: 82173.00
  • Number Of Rented Garages: 6
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 9
  • Number Of Units Total: 9
  • Operating Expense: 32856.00
  • Rent Control: No
  • Total Actual Rent: 10100.00
  • Total Expenses: 50489.00

Tax Info

  • New Taxes Expense: 24620.00
  • Tax Census Tract: 4334.02
  • Tax Lot: 9
  • Tax Tract Number: 9157

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2022
Sold by
Ruigen Yu And Li Fong Yu Family Trust
Bought by
Ruigen And Li Fong Yu Family Trust and Yu
Current Estimated Value
$3,215,813

Purchase Details

Listed on
Apr 24, 2017
Closed on
Jul 7, 2017
Sold by
Siqueiro Maria H
Bought by
Siqueiros Pedro R
Seller's Agent
Christopher Dumayas
MZ BROKERAGE INC.
Buyer's Agent
Amy Wang
High Ten Partners, Inc.
List Price
$2,198,888
Sold Price
$2,080,000
Premium/Discount to List
-$118,888
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.24%
Original Mortgage
$1,500,000
Interest Rate
3.89%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Apr 24, 2017
Closed on
Jul 5, 2017
Sold by
Lorenzana Pedro
Bought by
Flores Enedine
Seller's Agent
Christopher Dumayas
MZ BROKERAGE INC.
Buyer's Agent
Amy Wang
High Ten Partners, Inc.
List Price
$2,198,888
Sold Price
$2,080,000
Premium/Discount to List
-$118,888
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
3.89%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Apr 24, 2017
Closed on
Jun 30, 2017
Sold by
Siqueiros Pedro R and Flores Enedine
Bought by
Fong Yu Ruigen and Fong Yu Li
Seller's Agent
Christopher Dumayas
MZ BROKERAGE INC.
Buyer's Agent
Amy Wang
High Ten Partners, Inc.
List Price
$2,198,888
Sold Price
$2,080,000
Premium/Discount to List
-$118,888
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
3.89%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 4, 2017
Sold by
Siqueiros Pedro R and Flores Enedine
Bought by
Siqueiros Pedro R and Flores Enedine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
3.89%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Date Buyer Sale Price Title Company
Ruigen And Li Fong Yu Family Trust -- Chicago Title
Siqueiros Pedro R -- Orange Coast Title Company
Flores Enedine -- Orange Coast Title Company
Fong Yu Ruigen $2,080,000 Orange Coast Title Company
Siqueiros Pedro R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fong Yu Ruigen $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2017 07/21/17 Sold $2,080,000 -5.4% $297 / Sq Ft
06/26/2017 06/26/17 Pending -- -- --
04/24/2017 04/24/17 For Sale $2,198,888 -- $314 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $32,584 $2,366,680 $1,420,009 $946,671
2024 $32,584 $2,320,275 $1,392,166 $928,109
2023 $32,077 $2,274,780 $1,364,869 $909,911
2022 $30,857 $2,230,177 $1,338,107 $892,070
2021 $31,666 $2,186,449 $1,311,870 $874,579
2020 $30,716 $2,164,611 $1,298,419 $866,192
2019 $30,694 $2,122,180 $1,272,960 $849,220
2018 $29,288 $2,080,580 $1,248,000 $832,580
2016 $6,592 $391,557 $112,083 $279,474
2015 $6,533 $385,677 $110,400 $275,277
2014 $6,478 $378,123 $108,238 $269,885
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17093771

California Regional Multiple Listing Service (CRMLS)

APN: 8105-013-004