NOT LISTED FOR SALE

Estimated Value: $1,057,000 - $1,193,000

4 Beds
3 Baths
1,982 Sq Ft
$562/Sq Ft Est. Value

Last Sold September 02, 2015

Last sale price $590,000 $298 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $6,963/month

37 Days on Market

Highlights

  • 0.37 Acre Lot
  • No HOA
  • Front Yard

About This Home

As of September 2015

NOT A SHORT SALE, HUGE $50K PRICE REDUCTION, MOTIVATED SELLER of a Multi-Family 3-building units located in the Northern section of El Monte. Property is situated on a spacious 80 by 200 lot, with a double driveway that offers plenty of parking spaces. Homes are secured by a iron security gate. Property also features numerous fruit trees and plants. All units are occupied, but will be delivered vacant at the close of escrow. Sold as-is. Submit All Offers. Buyer to perform their own due diligence and verify all information to their satisfaction. Buyer to pay and perform all local city requirements. 3 units (per assessor) may be 2 units + guest house (buyer to verify with City of the El Monte).

Last Agent to Sell the Property

Travis Chow

MATTHEW & ANDERSON License #01945938 Listed on: 07/13/2015

Co-Listed By

PHUONG SAM TRAN

Pinnacle Real Estate Group License #00924964

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 0.37 Acre Lot
  • No Common Walls
  • Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Automatic Gate

Home Design

  • 1,982 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 11268
  • Assessor Parcel Number 8547017096

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $960
  • Insurance Expense $1,600
  • Trash Expense $480
  • Water Sewer Expense $480
  • New Taxes Expense $8,000
  • Gross Income $3,050
  • Net Operating Income $26,520

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Security: Automatic Gate
  • Water Sewer Expenses: 480.00
  • Property Type: Residential Income
  • Parcel Number: 8547017096
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 297.68

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Sewer: Unknown
  • Trash Expense: 480.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 2-5 Units/Acre, Front Yard, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 15893.00
  • Price Per Lot Square Foot: 37.12
  • Lot Size Acres: 0.3650

Multi Family

  • Electric Expense: 960.00
  • Gross Income: 3050.00
  • Gross Scheduled Income: 38400.00
  • Insurance Expense: 1600.00
  • Lot Size Area: 15893.0000 Square Feet
  • Net Operating Income: 26520.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 11880.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 8000.00
  • Tax Lot: 19
  • Tax Tract Number: 11268

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2022
Sold by
Chen Wenhui
Bought by
Chen Wenhui and Chen Zhangzhong
Current Estimated Value
$1,113,609

Purchase Details

Closed on
Sep 16, 2022
Sold by
Lau Chuen and Hing Ling
Bought by
Chen Wenhui

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 13, 2015
Closed on
Aug 28, 2015
Sold by
Sam Brian Phu
Bought by
Lau Chuen and Chu Hing Ling
Seller's Agent
Travis Chow
MATTHEW & ANDERSON
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$695,000
Sold Price
$590,000
Premium/Discount to List
-$105,000
-15.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.31%

Purchase Details

Closed on
Dec 18, 2001
Sold by
Nguyen Vincent Q
Bought by
Sam Brian Phu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,250
Interest Rate
7.17%

Purchase Details

Closed on
Jan 16, 1997
Sold by
Nguyen Trung Q
Bought by
Nguyen Vincent Q

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
7.74%

Purchase Details

Closed on
Jan 20, 1994
Sold by
Tran Loi Huu
Bought by
Nguyen Trung Q
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Chen Wenhui -- Accommodation/Courtesy Recordi
Chen Wenhui $1,000,000 Wfg National Title
Lau Chuen $590,000 First American Title
Sam Brian Phu $295,000 First American Title Co
Nguyen Vincent Q -- Southland Title Corporation
Nguyen Trung Q -- United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen Wenhui $600,000
Previous Owner Sam Brian Phu $221,250
Previous Owner Nguyen Vincent Q $196,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2015 09/02/15 Sold $590,000 -15.1% $298 / Sq Ft
08/08/2015 08/08/15 Pending -- -- --
07/02/2015 07/02/15 For Sale $695,000 -- $351 / 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 $14,360 $1,040,400 $785,502 $254,898
2024 $14,360 $1,020,000 $770,100 $249,900
2023 $14,078 $1,000,000 $755,000 $245,000
2022 $9,531 $665,151 $501,981 $163,170
2021 $9,655 $652,110 $492,139 $159,971
2020 $9,629 $645,944 $487,093 $158,851
2019 $9,845 $633,290 $477,543 $155,747
2018 $9,541 $620,884 $468,180 $152,704
2016 $10,089 $590,000 $450,000 $140,000
2015 $5,770 $362,598 $196,663 $165,935
2014 $5,568 $355,496 $192,811 $162,685
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS15144560

California Regional Multiple Listing Service (CRMLS)

APN: 8547-017-096