Seller's Agent in 2024
Carlos Ascencio
Real Brokerage Technologies
(619) 947-1939
1 in this area
70 Total Sales
11333 Ranchito St El Monte, CA 91732
Norwood Cherrylee NeighborhoodEstimated Value: $1,048,000 - $1,115,000
6
Beds
3
Baths
2,560
Sq Ft
$423/Sq Ft
Est. Value
Highlights
- 0.44 Acre Lot
- Private Yard
- Laundry Room
- Arroyo High School Rated A-
- No HOA
- 1-Story Property
About This Home
As of February 2024Welcome to a prime investment opportunity in the heart of North El Monte, California next to Arcadia ! This exceptional triplex presents a lucrative prospect for both seasoned investors and those looking to live in one unit while enjoying rental income from the other two.
Situated on an expansive lot spanning over 19,000 square feet, this multi-unit property boasts versatility and potential. The front unit is a spacious 3-bedroom haven with the added convenience of an attached garage. The middle unit features 2 bedrooms, providing a comfortable and desirable living space. Lastly, the rear unit offers a cozy 1-bedroom layout, also accompanied by an attached garage.
Beyond the existing charm of these units, the property opens up possibilities for expansion with ample space for additional living areas or the potential to add an Accessory Dwelling Unit (ADU). Imagine the potential for increased value and rental income!
Convenience is key, and this property is surrounded by an array of amenities, including shopping centers, nearby transit services, schools, and parks. Whether you're a commuter, a student, or a family, the location caters to diverse needs.
Parking is never a concern with plenty of dedicated spaces for each unit, ensuring hassle-free living for tenants and an added perk for potential buyers.
Don't miss out on this golden opportunity to invest in a triplex with endless possibilities. Whether you're a savvy investor or someone seeking a strategic and comfortable living arrangement, this property in South El Monte is your gateway to a prosperous real estate venture!
Last Agent to Sell the Property
Real Brokerage Technologies License #01324790 Listed on: 11/09/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,030
Year Built
- Built in 1943
Lot Details
- 0.44 Acre Lot
- No Common Walls
- Private Yard
- Back and Front Yard
Parking
- 1 Car Garage
- Parking Available
- Combination Of Materials Used In The Driveway
Home Design
- Triplex
Interior Spaces
- 2,560 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Gas And Electric Dryer Hookup
Listing and Financial Details
- Legal Lot and Block 12 / B
- Tax Tract Number 11053
- Assessor Parcel Number 8570025014
- $985 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 3 Units
Building Details
- 2 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $72,000
- Net Operating Income $72,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 9, 2023
Closed on
Jan 25, 2024
Sold by
Quintero Vicente M
Bought by
Zhang Junlian and Lu Cuiping
Seller's Agent
Carlos Ascencio
Real Brokerage Technologies
Buyer's Agent
Jasmine Wu
IRN REALTY
List Price
$1,250,000
Sold Price
$1,000,000
Premium/Discount to List
-$250,000
-20%
Views
103
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,947
Avg. Annual Appreciation
5.52%
Purchase Details
Closed on
Sep 1, 2017
Sold by
Quintero Vicente
Bought by
Quintero Vicente M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
3.83%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Jan 13, 2012
Sold by
Quintero Ernestina
Bought by
Quintero Vicente
Purchase Details
Closed on
Jul 8, 2003
Sold by
Quintero Vicente M and Quintero Manuel
Bought by
Quintero Ernestina
Purchase Details
Closed on
Apr 8, 2003
Sold by
Quintero Linda S
Bought by
Quintero Vicente M
Purchase Details
Closed on
Aug 12, 1998
Sold by
Quintero Manuel
Bought by
Quintero Ernestina
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
6.91%
Purchase Details
Closed on
Mar 23, 1996
Sold by
Quintero Manuel
Bought by
Quintero Ernestina
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zhang Junlian | $1,000,000 | Provident Title Company | |
| Quintero Vicente M | -- | Stewart Title Guaranty Co | |
| Quintero Vicente | -- | None Available | |
| Quintero Ernestina | -- | -- | |
| Quintero Vicente M | -- | First American Title Co | |
| Quintero Manuel | -- | First American Title Co | |
| Quintero Ernestina | -- | Northern Counties Title Ins | |
| Quintero Ernestina | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Quintero Vicente M | $160,000 | |
| Previous Owner | Quintero Vicente M | $497,000 | |
| Previous Owner | Quintero Vincente M | $468,000 | |
| Previous Owner | Quintero Vicente M | $360,000 | |
| Previous Owner | Quintero Ernestina | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/15/2024 02/15/24 | Sold | $1,000,000 | -20.0% | $391 / Sq Ft |
| 01/22/2024 01/22/24 | Pending | -- | -- | -- |
| 01/12/2024 01/12/24 | For Sale | $1,250,000 | 0.0% | $488 / Sq Ft |
| 12/07/2023 12/07/23 | Pending | -- | -- | -- |
| 11/09/2023 11/09/23 | For Sale | $1,250,000 | -- | $488 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $5,030 | $1,020,000 | $612,000 | $408,000 |
| 2024 | $5,030 | $308,368 | $140,778 | $167,590 |
| 2023 | $4,937 | $302,322 | $138,018 | $164,304 |
| 2022 | $4,770 | $296,395 | $135,312 | $161,083 |
| 2021 | $4,808 | $290,584 | $132,659 | $157,925 |
| 2020 | $4,794 | $287,605 | $131,299 | $156,306 |
| 2019 | $4,888 | $281,967 | $128,725 | $153,242 |
| 2018 | $4,733 | $276,439 | $126,201 | $150,238 |
| 2016 | $4,532 | $265,706 | $121,301 | $144,405 |
| 2015 | $4,480 | $261,715 | $119,479 | $142,236 |
| 2014 | $4,340 | $256,589 | $117,139 | $139,450 |
Source: Public Records
Agents Affiliated with this Home
-
-
J
Buyer's Agent in 2024
Jasmine Wu
IRN REALTY
2 in this area
10 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW23208412
APN: 8570-025-014
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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