NOT LISTED FOR SALE

Estimated Value: $867,635 - $957,000

4 Beds
4 Baths
2,112 Sq Ft
$429/Sq Ft Est. Value

Last Sold May 14, 2024

Last sale price $860,000 $407 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,536/month

20 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Neighborhood Views
  • Arroyo High School Rated A-
  • No HOA
  • 1 Car Direct Access Garage

About This Home

As of May 2024

Great opportunity for a savvy investor. This 1972 beautiful duplex is located in the vivid NORTH El Monte area. Close to famous shopping centers, the 210 and 10 freeways. Each property offers two spacious bedrooms & one and a half bathroom. Each unit: linen closet, storage area, inside laundry area, one car garage, covered patio, grassy area, and of course, lots of parking to accommodate several cars. Located in a cul-des-ac.

Last Listed By

Angie Torres

CENTURY 21 PRIMETIME REALTORS Brokerage Phone: 626-367-4937 License #01839888 Listed on: 02/09/2024

CENTURY 21 PRIMETIME REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,835

Year Built

  • Built in 1972

Lot Details

  • 5,134 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence
  • Block Wall Fence
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Direct Access Garage
  • Public Parking
  • Parking Available
  • Rear-Facing Garage
  • Driveway

Home Design

  • Duplex
  • Colonial Architecture
  • Turnkey
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,112 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Sliding Doors
  • Neighborhood Views
  • Disposal
  • Laundry Room

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 16
  • Tax Tract Number 24950
  • Assessor Parcel Number 8538015032
  • $1,142 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,500
  • Water Sewer Expense $2,200
  • Operating Expense $4,600
  • Gross Income $38,400
  • Net Operating Income $33,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,835

Year Built

Built in 1972

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Other Phone Description: 6263674937
  • Price Per Unit: 444450
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: 24950
  • View: Yes
  • Water Sewer Expenses: 2200.00
  • Zoning: EMR4*
  • Architectural Style: Colonial
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 8538015032
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Open Floorplan
  • Stories: 2
  • Entry Location: Front
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Accessibility Features: Parking
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 407.20
  • Room Type: All Bedrooms Up

Exterior Features

  • Foundation: Concrete Perimeter
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block, Wood
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Unknown

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Concrete, Garage Faces Rear, Public
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5134.00
  • Lot Size Acres: 0.1179

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 38400.00
  • Gross Scheduled Income: 38400.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 5134.0000 Square Feet
  • Net Operating Income: 33800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Disposal: 2
  • Number With Patio: 2
  • Operating Expense: 4600.00
  • Rent Control: No
  • Total Expenses: 4600.00

Tax Info

  • Tax Census Tract: 4325.01
  • Tax Lot: 16
  • Tax Tract Number: 24950
  • TaxOtherAnnualAssessmentAmount: 1142.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2024
Closed on
May 7, 2024
Sold by
Orozco Salvador and Orozco Patricia
Bought by
Yang He
Seller's Agent
Angie Torres
CENTURY 21 PRIMETIME REALTORS
Buyer's Agent
Angie Torres
CENTURY 21 PRIMETIME REALTORS
List Price
$949,900
Sold Price
$860,000
Premium/Discount to List
-$89,900
-9.46%
Total Days on Market
20
Views
44
Current Estimated Value
$906,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,659
Avg. Annual Appreciation
5.32%

Purchase Details

Closed on
Nov 25, 2019
Sold by
Orozco Salvador and Orozco Patricia
Bought by
Orozco Salvador and Orozco Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
3.6%
Mortgage Type
New Conventional

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
Yang He $860,000 Fidelity National Title
Orozco Salvador -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Orozco Salvador $290,000
Previous Owner Orozco Abel $25,000
Previous Owner Orozco Salvador $212,000
Previous Owner Orozco Salvador $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2024 05/14/24 Sold $860,000 -3.3% $407 / Sq Ft
02/29/2024 02/29/24 Pending -- -- --
02/15/2024 02/15/24 Price Changed $888,900 -6.4% $421 / Sq Ft
02/09/2024 02/09/24 For Sale $949,900 -- $450 / 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 $5,835 $356,902 $135,956 $220,946
2023 $5,732 $349,905 $133,291 $216,614
2022 $5,523 $343,045 $130,678 $212,367
2021 $5,552 $336,319 $128,116 $208,203
2019 $5,613 $326,346 $124,317 $202,029
2018 $5,528 $319,948 $121,880 $198,068
2016 $5,271 $307,527 $117,149 $190,378
2015 $5,188 $302,909 $115,390 $187,519
2014 $5,000 $296,976 $113,130 $183,846
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV24028896

California Regional Multiple Listing Service (CRMLS)

APN: 8538-015-032