NOT LISTED FOR SALE

Estimated Value: $863,219 - $959,000

4 Beds
2 Baths
1,366 Sq Ft
$668/Sq Ft Est. Value

Last Sold February 15, 2018

Last sale price $550,000 $403 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $5,743/month

24 Days on Market

About This Home

As of February 2018

We are pleased to exclusively offer for sale this 2 unit investment property located in the highly sought after rental community of El Monte. The property is comprised of two detached single story cottages which are situated on 14,288 SqFt lot. The units are comprised of 2(2Bedroom/1Bathroom) of which each have their own driveway and private front and back yards. All units are separately metered for electricity and gas. All units are tenant occupied and the rental rates listed are actual and current.

Last Agent to Sell the Property

Kristopher German

RE/MAX 2000 REALTY License #01800021 Listed on: 01/08/2018

RE/MAX 2000 REALTY

Last Buyer's Agent

Kristopher German

RE/MAX 2000 REALTY License #01800021 Listed on: 01/08/2018

RE/MAX 2000 REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,261

Year Built

  • Built in 1930

Lot Details

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

Parking

  • 3 Open Parking Spaces
  • 1 Car Garage

Home Design

  • 1,366 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Rain Gutters

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 003
  • Tax Tract Number 3
  • Assessor Parcel Number 8106024003

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $51
  • Insurance Expense $850
  • Maintenance Expense $1,000
  • Other Expense $300
  • Trash Expense $772
  • Water Sewer Expense $961
  • New Taxes Expense $7,211
  • Operating Expense $11,145
  • Gross Income $28,680
  • Net Operating Income $16,674

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,261

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 961.00
  • Zoning: EMR3YY
  • Property Type: Residential Income
  • Parcel Number: 8106024003
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 402.64

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 3.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 772.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 14288.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 51.00
  • Gross Income: 28680.00
  • Gross Operating Income: 27820.00
  • Gross Scheduled Income: 28680.00
  • Insurance Expense: 850.00
  • Maintenance Expense: 1000.00
  • Net Operating Income: 16674.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 11145.00
  • Other Expense: 300.00
  • Other Expense Description: Reserves
  • Rent Control: No
  • Total Expenses: 11145.00
  • Vacancy Allowance: 860

Tax Info

  • New Taxes Expense: 7211.00
  • Tax Census Tract: 4339.01
  • Tax Lot: 003
  • Tax Tract Number: 003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2018
Closed on
Feb 5, 2018
Sold by
C C Bar Llc
Bought by
Vandoan Thanh Van
Seller's Agent
Kristopher German
RE/MAX 2000 REALTY
Buyer's Agent
Kristopher German
RE/MAX 2000 REALTY
List Price
$550,000
Sold Price
$550,000
Current Estimated Value
$912,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$362,305
Avg. Annual Appreciation
6.62%
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 Buyer Sale Price Title Company
Vandoan Thanh Van $550,000 Fidelity Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2018 02/15/18 Sold $550,000 0.0% $403 / Sq Ft
02/01/2018 02/01/18 Pending -- -- --
01/23/2018 01/23/18 Off Market $550,000 -- --
01/08/2018 01/08/18 For Sale $550,000 -- $403 / 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 $9,261 $625,799 $465,368 $160,431
2024 $9,261 $613,530 $456,244 $157,286
2023 $9,040 $601,501 $447,299 $154,202
2022 $8,264 $589,708 $438,529 $151,179
2021 $8,473 $578,146 $429,931 $148,215
2020 $8,221 $572,219 $425,523 $146,696
2019 $8,213 $561,000 $417,180 $143,820
2018 $4,874 $328,986 $175,837 $153,149
2016 $4,499 $316,213 $169,010 $147,203
2015 $4,451 $311,464 $166,472 $144,992
2014 $4,368 $305,364 $163,212 $142,152
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18005265

California Regional Multiple Listing Service (CRMLS)

APN: 8106-024-003