NOT LISTED FOR SALE

Estimated Value: $858,000 - $1,070,911

5 Beds
4 Baths
2,170 Sq Ft
$438/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $945,000 $435 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,794/month

44 Days on Market

Highlights

  • Second Garage
  • Laundry Room
  • Shed
  • 0.42 Acre Lot
  • Bungalow
  • 2 Car Garage

About This Home

As of February 2024

PRICED TO SELL FAST – two houses on a large lot! The property will be sold in its AS-IS condition without any repairs. Great opportunity for developers, investors, or as a fixer-upper property! Zoned EMR3* - per City of El Monte's Planning Department, the zoning and the lot size can accommodate a 4 unit new development or the lot can be subdivided into two separate properties. Buyer must verify all zoning specifications and development requirements with the Planning Department. The existing front house has 4 bedrooms and 1 bath according to public records, however, there are two additional ¾ baths which may be un-permitted. A permit on record issued indicates a patio addition to the existing main house, and, later another permit was issued for a conversion of the patio into 2 bedrooms and an entry way. The main house also has its own enclosed backyard area. The original garage structure (roughly 18x20 feet) also has an extended structure (roughly 17x20 feet), which may be un-permitted. The separate house in the rear is 625 square feet as stated on the issued permit which has 1 bedroom, 1 bath, a living area, kitchen, and a laundry room. Broker has not yet had full access to both houses to verify utilities and details about each house. Total building area square footage for both units has not been verified and the building square footage is not accurate on public records. Please contact the broker for more details.

Last Agent to Sell the Property

Berj Beramian

Crownrose Commercial License #01427612 Listed on: 11/13/2023

Last Buyer's Agent

Joe Tseng

Treeline Realty & Investment License #00880213

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1939

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 90x200
  • Chain Link Fence
  • Rectangular Lot
  • Density is 2-5 Units/Acre
  • Value in Land
  • Property is zoned EMR3*

Parking

  • 2 Car Garage
  • Second Garage
  • Parking Available
  • Front Facing Garage
  • Driveway

Home Design

  • Bungalow
  • Entry on the 1st floor
  • Additions or Alterations
  • Major Repairs Completed
  • Fixer Upper
  • Raised Foundation
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,170 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Additional Features

  • Shed
  • Natural Gas Connected

Listing and Financial Details

  • Legal Lot and Block 3 / A
  • Tax Tract Number 11283
  • Assessor Parcel Number 8567009003
  • $1,097 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Home Details

Home Type

Single Family

Year Built

Built in 1939

Lot Details

0.42 Acres

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: EMR3*
  • Architectural Style: Bungalow
  • Property Condition: Additions/Alterations, Fixer, Repairs Major
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 8567009003
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 435.48

Exterior Features

  • Foundation: Raised, Slab
  • Other Structures: Second Garage, Shed(s)
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Paved, Garage, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Lot 10000-19999 Sqft, Rectangular Lot, Value In Land
  • Lot Size: 90x200
  • Lot Size Sq Ft: 18087.00
  • Lot Size Acres: 0.4152
  • Latitude Manual: 34.07142500

Multi Family

  • Gross Income: 16200.00
  • Gross Scheduled Income: 16200.00
  • Lot Size Area: 18087.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Block: A
  • Tax Census Tract: 4333.04
  • Tax Lot: 3
  • Tax Tract Number: 11283
  • TaxOtherAnnualAssessmentAmount: 1097.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2023
Closed on
Jan 24, 2024
Sold by
Ariel Ferralles Trust
Bought by
Yu Xuemeng
Seller's Agent
Berj Beramian
Crownrose Commercial
Buyer's Agent
Joe Tseng
Treeline Realty & Investment
List Price
$975,000
Sold Price
$945,000
Premium/Discount to List
-$30,000
-3.08%
Views
225
Current Estimated Value
$951,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,478
Avg. Annual Appreciation
0.34%
Original Mortgage
$567,000
Outstanding Balance
$558,286
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$393,192

Purchase Details

Closed on
May 3, 2006
Sold by
Ferralles Ariel
Bought by
Ferralles Ariel and The Ariel Ferralles Trust

Purchase Details

Closed on
Aug 2, 2005
Sold by
Ferralles Mark Allen
Bought by
Ferralles Ariel
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yu Xuemeng $945,000 Chicago Title Company
Ferralles Ariel -- None Available
Ferralles Ariel $155,000 Southland Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yu Xuemeng $567,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2024 02/23/24 Sold $945,000 -3.1% $435 / Sq Ft
02/07/2024 02/07/24 For Sale $975,000 0.0% $449 / Sq Ft
12/28/2023 12/28/23 Pending -- -- --
11/13/2023 11/13/23 For Sale $975,000 -- $449 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,883 $963,900 $768,060 $195,840
2024 $10,883 $779,738 $623,797 $155,941
2023 $11,124 $764,450 $611,566 $152,884
2022 $10,690 $749,462 $599,575 $149,887
2021 $11,420 $734,768 $587,819 $146,949
2019 $10,843 $712,977 $570,385 $142,592
2018 $9,015 $620,700 $496,600 $124,100
2016 $7,149 $529,000 $423,200 $105,800
2015 $6,742 $495,000 $396,000 $99,000
2014 $6,432 $472,000 $377,800 $94,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PF23206772

California Regional Multiple Listing Service (CRMLS)

APN: 8567-009-003

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