$2,100,000
SOLD NOV 7, 2024
10 Beds
4 Baths
3,605 Sq Ft
0.72 Acres

Recently Sold

$583 Per Sq Ft

5% Above List Price

49 Days on Market

Highlights

  • 0.72 Acre Lot
  • Arroyo High School Rated A-
  • 1-Story Property

About This Home

As of November 2024

Beautifully 4 individuals income property located in North part of El Monte , Excellent opportunity for owner users , investors and developers.
Lot size : 31,225 Sqft. (100 x 310 ). Property features front unit : 4 bedrooms ,1 bathroom with oversize 2 car detached garage can be easy convert into ADU, 2nd ,3rd ,4th units each have 2 bedrooms ,1 bathroom with 1 car attached garage each. Total living area : 4,000 Sqft. Close to supermarket , shopping center, restaurants , bus lines , Freeway 10 /605. Easy to rent, No vacancy.

Last Agent to Sell the Property

Andy Huynh

Pinnacle Real Estate Group Brokerage Phone: 626-318-3269 License #01126954 Listed on: 06/22/2024

Pinnacle Real Estate Group

Last Buyer's Agent

Andy Huynh

Pinnacle Real Estate Group Brokerage Phone: 626-318-3269 License #01126954 Listed on: 06/22/2024

Pinnacle Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,699

Year Built

  • Built in 1935

Lot Details

  • 0.72 Acre Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 5 Car Garage

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 3,605 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Bathrooms

Utilities

  • Private Water Source

Listing and Financial Details

  • Tax Lot 38
  • Tax Tract Number 432
  • Assessor Parcel Number 8547003006

Community Details

Overview

  • 4 Buildings
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $5,600
  • Trash Expense $2,160
  • Water Sewer Expense $2,350
  • Operating Expense $7,760
  • Gross Income $89,160
  • Net Operating Income $81,404

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,699

Year Built

Built in 1935

Lot Details

0

Parking

5

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 2350.00
  • Zoning: EMR1BY
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 8547003006
  • Year Built: 1935
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 582.52

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 2160.00
  • Water Source: Private, Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 31234.00
  • Lot Size Acres: 0.7170

Multi Family

  • Gross Income: 89160.00
  • Gross Scheduled Income: 89160.00
  • Insurance Expense: 5600.00
  • Lot Size Area: 31234.0000 Square Feet
  • Net Operating Income: 81404.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 7760.00
  • Rent Control: Yes
  • Total Expenses: 7760.00

Tax Info

  • Tax Census Tract: 4325.01
  • Tax Lot: 38
  • Tax Tract Number: 432...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2024
Closed on
Oct 17, 2024
Sold by
Huynh Crystal
Bought by
Adapt Property Llc
Seller's Agent
Andy Huynh
Pinnacle Real Estate Group
Buyer's Agent
Andy Huynh
Pinnacle Real Estate Group
List Price
$1,998,000
Sold Price
$2,100,000
Premium/Discount to List
$102,000
5.11%
Views
39
Current Estimated Value
$1,971,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$128,132
Avg. Annual Appreciation
-6.28%
Original Mortgage
$840,000
Outstanding Balance
$829,838
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$1,142,030

Purchase Details

Listed on
Feb 4, 2021
Closed on
Apr 22, 2021
Sold by
Lin Michael J and Luong Genny Gian
Bought by
Lin Michael J and Luong Genny Gian
Seller's Agent
Ivory Zhang
Keller Williams Realty
Buyer's Agent
Ivory Zhang
Keller Williams Realty
List Price
$1,800,000
Sold Price
$1,790,000
Premium/Discount to List
-$10,000
-0.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.63%

Purchase Details

Closed on
Dec 16, 2006
Sold by
Vanly Minh
Bought by
Vanly Minh and Minh Van Ly Family Trust

Purchase Details

Closed on
Jul 21, 2006
Sold by
Hang Mai T
Bought by
Vanly Minh Van

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$794,500
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 2004
Sold by
Vantran Toan Van and Tran Leanh Thi Le
Bought by
Hang Mai T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2004
Sold by
Lam Tuan Anh
Bought by
Hang Mai T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 2002
Sold by
Lee Tom Y and Lee Chang Hwa
Bought by
Vantran Toan Van and Tran Leanh Thi Le

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.94%
Source: Public Records

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 Type Sale Price Title Company
Grant Deed $2,100,000 Lawyers Title Company
Grant Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Grant Deed $1,135,000 Chicago
Interfamily Deed Transfer -- Chicago Title
Grant Deed $890,000 Investors Title Company
Interfamily Deed Transfer -- Investors Title Company
Grant Deed $472,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $840,000 New Conventional
Previous Owner $794,500 Purchase Money Mortgage
Previous Owner $425,000 Purchase Money Mortgage
Previous Owner $300,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/07/2024 11/07/24 Sold $2,100,000 +5.1% $583 / Sq Ft
06/22/2024 06/22/24 For Sale $1,998,000 +23.0% $554 / Sq Ft
08/16/2023 08/16/23 Sold $1,625,000 -18.8% $406 / Sq Ft View Prior Sale
07/13/2023 07/13/23 Pending -- -- --
05/08/2023 05/08/23 For Sale $2,000,000 +11.7% $500 / Sq Ft
04/30/2021 04/30/21 Sold $1,790,000 -0.6% $497 / Sq Ft View Prior Sale
02/04/2021 02/04/21 For Sale $1,800,000 -- $499 / 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 $22,699 $2,100,000 $1,470,000 $630,000
2024 $22,699 $1,590,000 $1,113,000 $477,000
2023 $26,087 $1,852,282 $1,296,769 $555,513
2022 $25,153 $1,817,930 $1,272,685 $545,245
2021 $20,517 $1,404,845 $990,202 $414,643
2020 $20,463 $1,390,441 $980,049 $410,392
2019 $20,933 $1,363,179 $960,833 $402,346
2018 $16,678 $1,072,000 $755,600 $316,400
2016 $14,771 $945,000 $666,100 $278,900
2015 $14,810 $945,000 $666,100 $278,900
2014 $14,515 $945,000 $666,100 $278,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS24128001

California Regional Multiple Listing Service (CRMLS)

APN: 8547-003-006