NOT LISTED FOR SALE

12031 Conference St El Monte, CA 91732

Norwood Cherrylee Neighborhood

Estimated Value: $1,165,000 - $1,316,846

6 Beds
4 Baths
2,671 Sq Ft
$462/Sq Ft Est. Value

Last Sold August 15, 2017

Last sale price $880,000 $329 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $7,614/month

8 Days on Market

About This Home

As of August 2017

3 ON A LOT ! LOCATION LOCATION !!! YOUR BACKYARD NEIGHBOOR IS ARACADIA !!! LIVE IN ONE AND COLLECT RENT FROM THE 2 OTHER UNITS, BACK UNIT HAS 3BED/2 BATH WITH ATTACHED 2 CAR GARAGE WASHER AND DRYER HOOK UPS , KITCHEN WAS REMODELED IN 2007 AND STILL LOOKS GOOD, CENTRAL AC & HEAT, TILE THROUGH-OUT AND CARPET IN ALL BEDROOMS THIS HOME HAS ITS SEPERATE DRIVEWAY AND YARD. FRONT UNIT HAS A 2/1 WITH BONUS FAMILY ROOM(261 SF NOT INCLUDED IN LIVING AREA, IS PERMITTED AS ENCLOSED PATIO) AND DINING ROOM KITCHEN WAS ALSO REMODELED IN 2007 AND HOME HAS A BACK AND FRONT YARD. FRONT SIDE UNIT IS A 1/1 BATH SINGLE HOME SEPERATE YARD AND HOME IS REALLY WELL TAKEN CARE OFF WITH 2 CAR CARPORT.

Last Agent to Sell the Property

NICK NHI THONG

N T INVESTMENT License #01352499 Listed on: 06/14/2017

Last Buyer's Agent

NICK NHI THONG

N T INVESTMENT License #01352499 Listed on: 06/14/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 75x200
  • No Common Walls
  • Density is up to 1 Unit/Acre
  • Land Lease

Parking

  • 2 Car Garage

Home Design

  • Triplex

Interior Spaces

  • 2,671 Sq Ft Home
  • Laminate Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tenant pays for cable TV, electricity, exterior maintenance, grounds care
  • Tax Lot 103
  • Tax Tract Number 13286
  • Assessor Parcel Number 8541016026

Community Details

Overview

  • 3 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Trash Expense $100
  • Water Sewer Expense $150
  • New Taxes Expense $9,000
  • Operating Expense $12,500
  • Gross Income $50,400
  • Net Operating Income $48,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 150.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 8541016026
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Levels: One
  • Price Per Square Foot: 329.46

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 100.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: 0-1 Unit/Acre
  • Lot Size: 75X200
  • Lot Size Sq Ft: 15000.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Exterior Maintenance, Grounds Care

Multi Family

  • Average1 Bed Area: 437 Square Feet
  • Average2 Bed Area: 821 Square Feet
  • Average3 Bed Area: 1413 Square Feet
  • Gross Income: 50400.00
  • Gross Scheduled Income: 50400.00
  • Insurance Expense: 1000.00
  • Net Operating Income: 48000.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 200.00
  • Rent Control: No
  • Total Actual Rent: 4200.00
  • Total Expenses: 12500.00

Tax Info

  • New Taxes Expense: 9000.00
  • Tax Lot: 103
  • Tax Tract Number: 13286

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2022
Sold by
Liu Paul H and Liu Pamela H
Bought by
Liu-Ha Family Trust
Current Estimated Value
$1,235,212

Purchase Details

Listed on
Jun 14, 2017
Closed on
Jul 14, 2017
Sold by
Tan Thong Nick and Vantan Tong Van
Bought by
Liu Paul and Ha Pamela Hue
Seller's Agent
NICK NHI THONG
N T INVESTMENT
Buyer's Agent
NICK NHI THONG
N T INVESTMENT
List Price
$899,000
Sold Price
$880,000
Premium/Discount to List
-$19,000
-2.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.11%
Original Mortgage
$528,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 3, 2014
Closed on
Mar 2, 2016
Sold by
Tong Van Tan
Bought by
Tran Thong Nick and Tran Tong
Seller's Agent
Maria Perez
Century 21 Allstars
Buyer's Agent
NICK NHI THONG
N T INVESTMENT
List Price
$789,000
Sold Price
$685,000
Premium/Discount to List
-$104,000
-13.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.58%
Original Mortgage
$513,750
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 3, 2014
Closed on
Feb 2, 2016
Sold by
Bugarin Llc
Bought by
Tong Van Tan
Seller's Agent
Maria Perez
Century 21 Allstars
Buyer's Agent
NICK NHI THONG
N T INVESTMENT
List Price
$789,000
Sold Price
$685,000
Premium/Discount to List
-$104,000
-13.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$513,750
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2014
Sold by
Bugarin Sara
Bought by
Bugarin Llc

Purchase Details

Closed on
Jun 24, 2005
Sold by
Bugarin Lazaro and Bugarin Mario
Bought by
Bugarin Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 1999
Sold by
Thomas Jeffrey T
Bought by
Thomas Lysa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,472
Interest Rate
6.91%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 29, 1999
Sold by
Coyle Ollie
Bought by
Coyle Mauriena K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,472
Interest Rate
6.91%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 16, 1999
Sold by
Thomas Lysa M and Daves Stephen G
Bought by
Bugarin Lazaro and Bugarin Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,472
Interest Rate
6.91%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 4, 1999
Sold by
Daves Stephen Gilbert
Bought by
Thomas Lysa M and Coyle Mauriena K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,472
Interest Rate
6.91%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Liu-Ha Family Trust -- Law Offices Of Bernard Pang
Liu Paul $880,000 Western Resources Title
Tran Thong Nick -- None Available
Tong Van Tan $685,000 Old Republic Title Company
Bugarin Llc -- None Available
Bugarin Sara -- United Title Company-La
Thomas Lysa M -- Equity Title Company
Coyle Mauriena K -- Equity Title Company
Bugarin Lazaro -- Equity Title Company
Daves Stephen Gilbert -- Equity Title Company
Bugarin Lazaro $230,000 Equity Title Company
Thomas Lysa M $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Liu Paul $528,000
Previous Owner Tong Van Tan $513,750
Previous Owner Bugarin Sara $335,000
Previous Owner Bugarin Lazaro $228,472
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/15/2017 08/15/17 Sold $880,000 -2.1% $329 / Sq Ft
06/14/2017 06/14/17 For Sale $899,000 +31.2% $337 / Sq Ft
02/24/2016 02/24/16 Sold $685,000 -13.2% $256 / Sq Ft View Prior Sale
09/25/2015 09/25/15 Pending -- -- --
10/03/2014 10/03/14 For Sale $789,000 -- $295 / 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 $13,856 $1,001,285 $400,514 $600,771
2024 $13,856 $981,653 $392,661 $588,992
2023 $13,584 $962,406 $384,962 $577,444
2022 $13,081 $943,536 $377,414 $566,122
2021 $13,262 $925,036 $370,014 $555,022
2020 $13,225 $915,551 $366,220 $549,331
2019 $13,534 $897,600 $359,040 $538,560
2018 $13,234 $880,000 $352,000 $528,000
2016 $11,079 $730,979 $497,472 $233,507
2015 $4,996 $300,002 $143,477 $156,525
2014 $4,830 $294,126 $140,667 $153,459
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2017

    NICK NHI THONG

    N T INVESTMENT

    (626) 673-8316

    1 in this area

    18 Total Sales

    NICK NHI THONG
    Section Image

  • M

    Seller's Agent in 2016

    Maria Perez

    Century 21 Allstars

    (562) 863-2121

    20 Total Sales

    Maria Perez
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS17135050

California Regional Multiple Listing Service (CRMLS)

APN: 8541-016-026

California Los Angeles County El Monte 91732 Norwood Cherrylee

12031 Conference St, El Monte, CA

Not Listed for Sale

MultiFamily

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