NOT LISTED FOR SALE

11702 Lower Azusa Rd El Monte, CA 91732

Norwood Cherrylee Neighborhood

Estimated Value: $1,386,000 - $1,658,000

0.69 Acre
$2,154,619 Price per Acre
30,000 Sq Ft Lot

Last Sold November 17, 2023

Last sale price $1,320,000 $347 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $9,966/month

1 Day on Market

About This Lot

As of November 2023

Investors/Builders Opportunity!! Seller prefers to sell 2-Lots and close at the same time, 543 S. 3rd Ave La Puente CA 91746 and 11702 Lower
Azusa Rd. El Monte CA 91732 Both properties are vacant land, seller has the plans submitted to City for Approval, Buyer shall continue working to
complete or modify the plans for there on use.

Last Listed By

Arthur Boghossian

Exclusive Estate Properties Inc License #01019631 Listed on: 07/19/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $19,919

Year Built

  • 1936

Lot Details

  • 0.69 Acre Lot
  • Property is zoned EMR1BY

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 9360
  • Assessor Parcel Number 8547014004
  • $2,321 per year additional tax assessments

Property Details

Property Type

Land

Est. Annual Taxes

$19,919

Year Built

1936

Lot Details

0

Listing Details

  • View: No
  • Zoning: EMR1BY
  • Property Type: Land
  • Parcel Number: 8547014004
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1936

Interior Features

  • Price Per Square Foot: 44.00

Utilities

  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 30000.00
  • Lot Size Acres: 0.6887

Multi Family

  • Lot Size Area: 30000.0000 Square Feet

Tax Info

  • Tax Census Tract: 4326.01
  • Tax Lot: 17
  • Tax Tract Number: 9360
  • TaxOtherAnnualAssessmentAmount: 2321.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2023
Closed on
Nov 15, 2023
Sold by
El Monte House Llc
Bought by
11700 El Monte Llc
Seller's Agent
Arthur Boghossian
Exclusive Estate Properties Inc
Buyer's Agent
Arthur Boghossian
Exclusive Estate Properties Inc
List Price
$1,399,000
Sold Price
$1,320,000
Premium/Discount to List
-$79,000
-5.65%
Total Days on Market
1
Views
8
Current Estimated Value
$1,483,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,886
Avg. Annual Appreciation
7.95%
Original Mortgage
$1,200,000
Outstanding Balance
$1,184,048
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$299,838

Purchase Details

Closed on
Mar 30, 2023
Sold by
Mikitarian Rob
Bought by
El Monte House Llc

Purchase Details

Listed on
Sep 22, 2022
Closed on
Oct 3, 2022
Sold by
Davtyan Arman
Bought by
Mikitarian Rob
Seller's Agent
Jeffrey DeLancy
Livel Real Estate
Buyer's Agent
Non-Member Default
Default Non-Member Office
List Price
$1,388,000
Sold Price
$1,335,000
Premium/Discount to List
-$53,000
-3.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.13%
Original Mortgage
$1,200,000
Interest Rate
5.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2021
Sold by
Luong Van Manh
Bought by
Davtyan Arman

Purchase Details

Closed on
Jul 15, 1998
Sold by
Yang Max Mai Chia and Yang Nai Chang
Bought by
Luong Van Manh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.91%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 20, 1997
Sold by
Trust Raley Kathryn A Tr Kathryn A Raley
Bought by
Yang Max Nai Chia and Yang Nai Cheng

Purchase Details

Closed on
Nov 23, 1993
Sold by
Raley Kathryn Ann
Bought by
Raley Kathryn A and The Kathryn A Raley Living Tru

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Similar Property in El Monte, CA

  • 2720 2724 Durfee Ave, El Monte, CA 91732

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    • Land
    • 0.56 Acre
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    • 2720 2724 Durfee Ave
    • El Monte, CA

    LAND VALUE ONLY. 2720 Durfee Ave El Monte is a vacant land and 2724 Durfee Ave El Monte with a small industry building. Two properties must be sold together and both lands in total of 24630sqft, located in the MIX/MULTIUSE ZONING DISTRICT, offering numerous possibilities to develop for residential and/or other multi non-residential uses. Buyer is advised to independently conduct their due

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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
11700 El Monte Llc $1,320,000 Chicago Title Company
El Monte House Llc -- None Listed On Document
Mikitarian Rob $1,335,000 Chicago Title Company
Davtyan Arman $971,000 Accommodation
Luong Van Manh $275,000 Fidelity Title
Yang Max Nai Chia $193,000 Guardian Title
Raley Kathryn A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 11700 El Monte Llc $1,200,000
Previous Owner Mikitarian Rob $1,200,000
Previous Owner Luong Van Manh $625,000
Previous Owner Luong Van Manh $500,000
Previous Owner Luong Van Manh $300,000
Previous Owner Luong Van Manh $179,000
Previous Owner Luong Van Manh $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2023 11/17/23 Sold $1,320,000 -5.6% $347 / Sq Ft
09/13/2023 09/13/23 Price Changed $1,399,000 0.0% $367 / Sq Ft
07/20/2023 07/20/23 Pending -- -- --
07/19/2023 07/19/23 For Sale $1,399,000 +4.8% $367 / Sq Ft
10/21/2022 10/21/22 Sold $1,335,000 -3.8% $351 / Sq Ft
09/28/2022 09/28/22 Pending -- -- --
09/22/2022 09/22/22 For Sale $1,388,000 -- $365 / 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 $19,919 $1,320,000 $1,320,000 --
2023 $18,744 $1,335,000 $939,000 $396,000
2022 $19,906 $1,377,000 $969,000 $408,000
2021 $7,926 $426,843 $275,173 $151,670
2020 $8,384 $422,467 $272,352 $150,115
2019 $8,479 $414,184 $267,012 $147,172
2018 $8,169 $406,064 $261,777 $144,287
2016 $7,761 $390,298 $251,613 $138,685
2015 $6,768 $384,436 $247,834 $136,602
2014 $7,376 $376,907 $242,980 $133,927
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Arthur Boghossian

    Exclusive Estate Properties Inc

    (818) 259-6767

    1 in this area

    7 Total Sales

    Section Image
  • Jeffrey DeLancy

    Seller's Agent in 2022

    Jeffrey DeLancy

    Livel Real Estate

    (949) 510-4350

    1 in this area

    7 Total Sales

    Section Image

  • N

    Buyer's Agent in 2022

    Non-Member Default

    Default Non-Member Office

  • O

    Buyer's Agent in 2022

    Out of Area Agent

    Out of Area Office

  • K

    Buyer's Agent in 2022

    Kathryn Frost

    RETS IDX TCAR VENDORS

    (785) 841-2400

    1 in this area

    711 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23132948

California Regional Multiple Listing Service (CRMLS)

APN: 8547-014-004

California Los Angeles County El Monte 91732 Norwood Cherrylee

11702 Lower Azusa Rd, El Monte, CA

Homes for Sale in El Monte, CA

This home is located at 11702 Lower Azusa Rd, El Monte, CA 91732 since 19 July 2023 and is currently estimated at $1,483,886, approximately $389 per square foot. This property was built in 1936. 11702 Lower Azusa Rd is a home located in Los Angeles County with nearby schools including Durfee School, Arroyo High School, and Shield of Faith Christian School.

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.

California Regional Multiple Listing Service (CRMLS) 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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