NOT LISTED FOR SALE

Estimated Value: $882,000 - $1,154,486

5 Beds
3 Baths
2,600 Sq Ft
$384/Sq Ft Est. Value

Last Sold August 30, 2013

Last sale price $565,000 $217 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $6,236/month

37 Days on Market

About This Home

As of August 2013

3 detached houses in ideal location near transportation and shopping. One unit owner occupied and others tenant occupied. Owner's unit includes central air conditioning and forced air heat as well as 2 car detached garage. Tenant units have wall heaters. All units upgraded and well maintained in good condition. Each unit is a separate house with yard. Owner owns all stoves, washers, and dryers. Tenants pay their own gas, electric, and trash. No rent control in El Monte.

Last Agent to Sell the Property

Jeffrey Berg

Seven Gables Real Estate License #00995767 Listed on: 06/29/2013

Seven Gables Real Estate

Last Buyer's Agent

Stephen Lampe

Remax Commercial and Investment Realty License #01508014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1943

Lot Details

  • 8,931 Sq Ft Lot
  • No Common Walls
  • South Facing Home
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • 2,600 Sq Ft Home

Kitchen

  • Gas Cooktop

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

  • Private Water Source
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 11229
  • Assessor Parcel Number 8107018006

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $960
  • Insurance Expense $1,100
  • Maintenance Expense $4,000
  • Water Sewer Expense $1,080
  • New Taxes Expense $6,725
  • Gross Income $3,900
  • Net Operating Income $32,935

Property Details

Home Type

Multi-Family

Year Built

Built in 1943

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1080.00
  • Zoning: EMM1
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 8107018006
  • Year Built: 1943
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 217.31

Exterior Features

  • Direction Faces: South
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00

Utilities

  • Appliances: Gas Cooktop
  • Sewer: Unknown
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 8931.00
  • Lot Size Acres: 0.2050

Multi Family

  • Gross Income: 3900.00
  • Gross Multiplier: 11.50
  • Gross Scheduled Income: 46800.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 8931.0000 Square Feet
  • Maintenance Expense: 4000.00
  • Net Operating Income: 32935.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Number With Range: 3
  • Operating Expense: 13865.00
  • Rent Control: No
  • Total Actual Rent: 2400.00

Tax Info

  • New Taxes Expense: 6725.00
  • Tax Lot: 5
  • Tax Tract Number: 11229

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2024
Sold by
Goh Victor Hanshan
Bought by
Victor Hanshan Goh Revocable Living Trust and Goh
Current Estimated Value
$998,122

Purchase Details

Closed on
Jan 21, 2022
Sold by
Chi Lee Mei
Bought by
Goh Victor Hanshan

Purchase Details

Closed on
May 13, 2019
Sold by
Lee Mei Chi
Bought by
Lee Mei Chi and Goh Victor Hanshan

Purchase Details

Listed on
Jun 29, 2013
Closed on
Aug 5, 2013
Sold by
Pearson Scott N
Bought by
Lee Mei Chu
Seller's Agent
Jeffrey Berg
Seven Gables Real Estate
Buyer's Agent
Stephen Lampe
Remax Commercial and Investment Realty
List Price
$538,000
Sold Price
$565,000
Premium/Discount to List
$27,000
5.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.72%

Purchase Details

Closed on
Apr 11, 1997
Sold by
Imperial Credit Industries Inc
Bought by
Pearson Scott N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,950
Interest Rate
8.14%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 9, 1996
Sold by
The Bank Of New York
Bought by
Imperial Credit Industries Inc

Purchase Details

Closed on
May 15, 1996
Sold by
Chang Tony and The Bank Of New York
Bought by
The Bank Of New York and Cwmbs Inc

Purchase Details

Closed on
Jun 1, 1994
Sold by
Chang Joanna Mieu Hoa
Bought by
Chang Johnny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
8.53%

Purchase Details

Closed on
May 31, 1994
Sold by
Chan Frances
Bought by
Chang Johnny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
8.53%

Purchase Details

Closed on
May 24, 1994
Sold by
Chang Johnny
Bought by
Chang Tony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
8.53%
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

Date Buyer Sale Price Title Company
Victor Hanshan Goh Revocable Living Trust -- None Listed On Document
Goh Victor Hanshan -- None Listed On Document
Lee Mei Chi -- None Available
Lee Mei Chu $565,000 Western Resources Inc
Pearson Scott N $140,000 American Title Ins Co
Imperial Credit Industries Inc -- American Title Ins Co
The Bank Of New York $215,470 Landsafe Title
Chang Johnny -- First American Title Company
Chang Johnny -- First American Title Company
Chang Tony $220,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pearson Scott N $173,950
Previous Owner Chang Tony $198,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2013 08/30/13 Sold $565,000 +5.0% $217 / Sq Ft
08/05/2013 08/05/13 Pending -- -- --
06/29/2013 06/29/13 For Sale $538,000 -- $207 / 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 $12,258 $877,617 $578,358 $299,259
2024 $12,258 $860,410 $567,018 $293,392
2023 $12,529 $843,540 $555,900 $287,640
2022 $9,896 $652,658 $254,131 $398,527
2021 $9,907 $639,862 $249,149 $390,713
2020 $9,201 $633,802 $246,595 $387,207
2019 $9,560 $621,385 $241,760 $379,625
2018 $9,156 $609,212 $237,020 $372,192
2016 $8,822 $585,076 $227,817 $357,259
2015 $8,393 $576,288 $224,395 $351,893
2014 $7,923 $565,000 $220,000 $345,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR13126705

California Regional Multiple Listing Service (CRMLS)

APN: 8107-018-006