NOT LISTED FOR SALE

Estimated Value: $767,000 - $914,000

4 Beds
2 Baths
1,456 Sq Ft
$576/Sq Ft Est. Value

Last Sold February 24, 2021

Last sale price $614,000 $422 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $5,458/month

31 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property
  • Arroyo High School Rated A-
  • Back Yard

About This Home

As of February 2021

Great Income Property Duplex nicely located in central and convenient neighborhood in the City of El Monte. Two separate detached homes on same lot. Each home with own separate private backyard. Each unit features 2 bedrooms and 1 bath with bonus room. Currently both units are tenant occupied on a month to month basis. Property has an easement driveway. 11515 -11517 two separate address and utility meters. Property sold in "AS-IS" condition. Drive by only. Do not disturb tenants.

Last Agent to Sell the Property

Andy Phu

COLDWELL BANKER DYNASTY/TC License #01917805 Listed on: 12/22/2020

COLDWELL BANKER DYNASTY/TC

Last Buyer's Agent

Pok hoo

RE EBROKER GROUP License #01984337

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,133

Year Built

  • Built in 1933

Lot Details

  • 6,995 Sq Ft Lot
  • No Common Walls
  • Back Yard

Parking

  • 1 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,456 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Tax Lot 14
  • Tax Tract Number 8329
  • Assessor Parcel Number 8569002026

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $736
  • Trash Expense $1,329
  • Water Sewer Expense $615
  • New Taxes Expense $5,123
  • Operating Expense $7,803
  • Gross Income $33,600
  • Net Operating Income $26,032

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,133

Year Built

Built in 1933

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 615.00
  • Zoning: EMR1B*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 8569002026
  • Year Built: 1933
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Price Per Square Foot: 421.70

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1329.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Lot 6500-9999
  • Lot Size Sq Ft: 6995.00
  • Lot Size Acres: 0.1606

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 33600.00
  • Gross Scheduled Income: 33600.00
  • Insurance Expense: 736.00
  • Lot Size Area: 6995.0000 Square Feet
  • Net Operating Income: 26032.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 7568.00
  • Rent Control: No
  • Total Actual Rent: 2800.00
  • Total Expenses: 7803.30

Tax Info

  • New Taxes Expense: 5123.30
  • Tax Census Tract: 4324.02
  • Tax Lot: 14
  • Tax Tract Number: 8329

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2024
Sold by
Ngo Lam Huu and Ngo Mandy
Bought by
Ngo Family Trust and Ngo
Total Days on Market
31
Current Estimated Value
$839,149

Purchase Details

Listed on
Dec 22, 2020
Closed on
Feb 18, 2021
Sold by
Wen Tien Chiang
Bought by
Ngo Lam H and Ngo Mandy
Seller's Agent
Andy Phu
COLDWELL BANKER DYNASTY/TC
Buyer's Agent
Pok hoo
RE EBROKER GROUP
List Price
$607,666
Sold Price
$614,000
Premium/Discount to List
$6,334
1.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.61%
Original Mortgage
$460,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2020
Sold by
Wen Fei Lyn
Bought by
Wen Tien Chiang

Purchase Details

Closed on
Jul 13, 2009
Sold by
Wen Dong Mei
Bought by
Wen Tien Chiang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,300
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2009
Sold by
Aurora Loan Services Llc
Bought by
Wen Tien Chiang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,300
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 17, 2009
Sold by
Blakeley Keith
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Oct 6, 2006
Sold by
Blakeley Keith
Bought by
Blakeley Keith Alan and Blakeley Maria B

Purchase Details

Closed on
Nov 2, 2004
Sold by
Blakeley Maria Blanca
Bought by
Blakeley Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 7, 2004
Sold by
Rodriguez Pedro and Rodriguez Caritina
Bought by
Blakeley Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 2003
Sold by
Rodriguez Arturo and Rodriguez Catalina
Bought by
Rodriguez Pedro and Rodriguez Caritina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
5.79%
Source: Public Records

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Range of Values:

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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
Ngo Family Trust -- None Listed On Document
Ngo Lam H $614,000 Fidelity Natl Ttl Co Long Be
Wen Tien Chiang -- Fidelity National Title
Wen Tien Chiang -- Western Resources Title Co
Wen Tien Chiang $223,500 Western Resources Title Co
Aurora Loan Services Llc $312,400 Accommodation
Blakeley Keith Alan -- None Available
Blakeley Keith -- Ticor Title Co
Blakeley Keith $430,000 Ticor Title Co Glendale
Rodriguez Pedro $38,181 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ngo Lam H $460,500
Previous Owner Wen Tien Chiang $245,000
Previous Owner Wen Tien Chiang $123,300
Previous Owner Blakeley Keith $488,000
Previous Owner Blakeley Keith $61,000
Previous Owner Blakeley Keith $344,000
Previous Owner Rodriguez Pedro $216,000
Previous Owner Rodriguez Arturo $172,579
Closed Blakeley Keith $86,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2021 02/24/21 Sold $614,000 +1.0% $422 / Sq Ft
01/22/2021 01/22/21 Pending -- -- --
12/22/2020 12/22/20 For Sale $607,666 -- $417 / 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 $9,133 $651,580 $501,951 $149,629
2023 $8,952 $638,805 $492,109 $146,696
2022 $8,617 $626,280 $482,460 $143,820
2021 $5,138 $342,244 $262,349 $79,895
2020 $5,123 $338,735 $259,659 $79,076
2019 $5,236 $332,094 $254,568 $77,526
2018 $5,095 $325,583 $249,577 $76,006
2016 $4,887 $312,942 $239,887 $73,055
2015 $4,831 $308,242 $236,284 $71,958
2014 $4,651 $302,205 $231,656 $70,549
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS20261201

California Regional Multiple Listing Service (CRMLS)

APN: 8569-002-026