NOT LISTED FOR SALE

Estimated Value: $977,000 - $1,103,000

6 Beds
5 Baths
2,224 Sq Ft
$477/Sq Ft Est. Value

Sale Details

Date Sold: January 15, 2019

Last sale price $728,800 $328 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $6,797 / mo

61 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • Level Lot
  • Laundry Room
  • Ceiling Fan
  • Wall Furnace

About This Home

As of January 2019

Incredible opportunity to own TWO DETACHED 3 BEDROOMS HOUSE on a lot in North El Monte near Arcadia. Both houses have been recently updated with newer roof, water heater, kitchen cabinet, granite counter top, bathroom sinks, toilets, kitchen & bathrooms tile floor, ceiling fans and wood blinds. First house has 3 Bedroom, 2.5 Baths, 2 cars attached garage with automatic garage door opener and laundry hookup. The house has also been updated with newer copper plumbing. Currently occupied by a long term tenant on a month to month lease. Rent is well below market with room for increase. Second house is 3 Bedrooms, 1.75 Baths and has just finished remodeling with fresh new interior paint, brand new kitchen vent hood, kitchen and bathrooms sink faucets. The house has laminated wood floor in the living area and in all 3 bedrooms. It also has a separate store room in the back with utility sink and gas hookup. The house is ready for immediately move-in for Buyer with the intention to live in one and rent out the other. Both houses have master bedroom and master bath. Each house has separate Water, Gas and Electric Meter. Easy to maintain desert decor front yard. Excellent North El Monte location in nice and quiet neighborhood. Come see today. This property will not last!

Last Agent to Sell the Property

Lap Man Leung

ADTECH REALTY License #00871018 Listed on: 11/01/2018

Last Buyer's Agent

Nhi Tran

Meridox Real Estate License #02015021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948 | Remodeled

Lot Details

  • 7,055 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 2,224 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for all utilities, electricity, gas, telephone, water
  • Tax Lot 57
  • Tax Tract Number 13286
  • Assessor Parcel Number 8541020002

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $650
  • Trash Expense $744
  • New Taxes Expense $9,225
  • Operating Expense $10,619
  • Gross Income $52,800
  • Net Operating Income $42,181

Property Details

Home Type

Multi-Family

Year Built

Built in 1948 | Remodeled

Lot Details

7,055 Sq Ft Lot

Parking

2

Listing Details

  • CapRate: 5.71
  • Property Attached: No
  • Zoning: EMRIB*
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 8541020002
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile, Vinyl
  • Levels: One
  • Price Per Square Foot: 327.70
  • Room Type: Laundry, Master Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage, Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 744.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 7055.00
  • Lot Size Acres: 0.1620

Rental Info

  • Tenant Pays: All Utilities, Electricity, Gas, Telephone, Water

Multi Family

  • Gross Income: 52800.00
  • Gross Scheduled Income: 52800.00
  • Insurance Expense: 650.00
  • Lot Size Area: 7055.0000 Square Feet
  • Net Operating Income: 42181.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 10619.00
  • Rent Control: No
  • Total Expenses: 10619.00

Tax Info

  • New Taxes Expense: 9225.00
  • Tax Census Tract: 4325.00
  • Tax Lot: 57
  • Tax Tract Number: 13286

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2020
Sold by
Bought by
Current Estimated Value
$1,060,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
0.036%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 1, 2018
Closed on
Jan 15, 2019
Sold by
Bought by
Seller's Agent
Lap Man Leung
ADTECH REALTY
Buyer's Agent
Nhi Tran
Meridox Real Estate
List Price
$738,000
Sold Price
$728,800
Premium/Discount to List
-$9,200
-1.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.10%
Original Mortgage
$546,600
Interest Rate
0.048%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 1, 2018
Closed on
Jan 4, 2019
Sold by
Bought by
Seller's Agent
Lap Man Leung
ADTECH REALTY
Buyer's Agent
Nhi Tran
Meridox Real Estate
List Price
$738,000
Sold Price
$728,800
Premium/Discount to List
-$9,200
-1.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$546,600
Interest Rate
0.048%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2008
Sold by
Bought by

Purchase Details

Closed on
Jan 18, 1994
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- First American Title Company
-- None Available
$729,000 First American Title Company
-- None Available
$204,000 Title Land Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $550,000
Closed $546,600
Previous Owner $218,000
Previous Owner $185,000
Previous Owner $185,000
Previous Owner $175,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/15/2019 01/15/19 Sold $728,800 -1.2% $328 / Sq Ft
11/01/2018 11/01/18 For Sale $738,000 -- $332 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,225 $829,731 $580,945 $248,786
2024 $11,340 $813,462 $569,554 $243,908
2023 $11,116 $797,513 $558,387 $239,126
2022 $10,700 $781,877 $547,439 $234,438
2021 $10,850 $766,547 $536,705 $229,842
2019 $5,023 $310,503 $154,949 $155,554
2018 $4,842 $304,415 $151,911 $152,504
2016 $4,634 $292,596 $146,013 $146,583
2015 $4,581 $288,202 $143,820 $144,382
2014 $4,414 $282,557 $141,003 $141,554
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS18264511

California Regional Multiple Listing Service (CRMLS)

APN: 8541-020-002

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