NOT LISTED FOR SALE

Estimated Value: $1,113,000 - $1,247,000

7 Beds
4 Baths
2,570 Sq Ft
$466/Sq Ft Est. Value

Last Sold October 18, 2022

Last sale price $1,035,000 $403 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $7,773/month

87 Days on Market

Highlights

  • 0.47 Acre Lot
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • El Monte High School Rated A-
  • Laundry Room

About This Home

As of October 2022

PRICE REDUCTION!!!!!!!!!Investors dream. Huge parcel (20, 374 square feet). Great opportunity to invest and build new townhomes or multiple dwellings. Located in the heart of El Monte, California and in the hub of Los Angeles County which includes close access to freeways, El Monte Metrolink train station, El Monte Bus Station, hospitals, parks, restaurants, markets, and schools. The property has three individual's units. Two units are being rented and the main unit is available which is the 3 bedroom and 2 bath. Also, included is a detached two car garage and a storage room which has the potential to become an ADU. The backyard has various fruit and avocado trees.

Last Agent to Sell the Property

Gabriel Mendez

Neighborhood Real Estate License #02065815 Listed on: 07/08/2022

Last Buyer's Agent

Victor Garcia

REALTY WORLD 5 STAR BROKERS License #01411776

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,048

Year Built

  • Built in 1956

Lot Details

  • 0.47 Acre Lot
  • Two or More Common Walls

Parking

  • 1 Car Garage

Home Design

  • 2,570 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 1
  • Tax Tract Number 565
  • Assessor Parcel Number 8105011081

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,500
  • Trash Expense $936
  • Water Sewer Expense $1,560
  • Operating Expense $5,000
  • Gross Income $5,200
  • Net Operating Income $65,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,048

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Other Phone Description: 6266656745
  • Price Per Unit: 358333
  • Property Attached: Yes
  • Water Sewer Expenses: 1560.00
  • Zoning: EMR3YY
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 8105011081
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 402.72

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 936.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 20374.00
  • Lot Size Acres: 0.4677

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 5200.00
  • Gross Scheduled Income: 70800.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 20374.0000 Square Feet
  • Net Operating Income: 65800.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 5000.00
  • Rent Control: No
  • Total Actual Rent: 3200.00
  • Total Expenses: 5000.00

Tax Info

  • Tax Census Tract: 4334.03
  • Tax Lot: 1
  • Tax Tract Number: 565

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2022
Closed on
Oct 7, 2022
Sold by
Martinez Family Revocable Living Trust
Bought by
Dinh Thuan Cao
Seller's Agent
Gabriel Mendez
Neighborhood Real Estate
Buyer's Agent
Victor Garcia
REALTY WORLD 5 STAR BROKERS
List Price
$1,500,000
Sold Price
$1,035,000
Premium/Discount to List
-$465,000
-31%
Views
9
Current Estimated Value
$1,198,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,604
Avg. Annual Appreciation
5.27%

Purchase Details

Closed on
Aug 6, 2014
Sold by
Martinez Santiago Mata and Martinez Santiago M
Bought by
Martinez Delia A
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Dinh Thuan Cao $1,035,000 Wfg National Title
Martinez Delia A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez Santiago M $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2022 10/18/22 Sold $1,035,000 -3.7% $403 / Sq Ft
10/03/2022 10/03/22 Pending -- -- --
09/26/2022 09/26/22 Price Changed $1,075,000 -14.0% $418 / Sq Ft
09/16/2022 09/16/22 Price Changed $1,250,000 -13.8% $486 / Sq Ft
08/06/2022 08/06/22 Price Changed $1,450,000 -3.3% $564 / Sq Ft
07/08/2022 07/08/22 For Sale $1,500,000 -- $584 / 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
2025 $15,048 $1,076,813 $646,088 $430,725
2024 $15,048 $1,055,700 $633,420 $422,280
2023 $15,332 $1,035,000 $621,000 $414,000
2022 $2,823 $132,481 $51,189 $81,292
2021 $2,842 $129,885 $50,186 $79,699
2020 $2,784 $128,554 $49,672 $78,882
2019 $2,776 $126,035 $48,699 $77,336
2018 $2,375 $123,565 $47,745 $75,820
2016 $2,199 $118,769 $45,892 $72,877
2015 $2,173 $116,986 $45,203 $71,783
2014 $2,158 $114,695 $44,318 $70,377
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW22149562

California Regional Multiple Listing Service (CRMLS)

APN: 8105-011-081