NOT LISTED FOR SALE

Estimated Value: $977,000 - $1,189,000

6 Beds
3 Baths
2,479 Sq Ft
$432/Sq Ft Est. Value

Last Sold December 14, 2020

Last sale price $830,000 $335 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $6,596/month

50 Days on Market

Highlights

  • RV Access or Parking
  • 0.36 Acre Lot
  • Cooling System Mounted To A Wall/Window
  • All Bedrooms Downstairs
  • Attic
  • Library

About This Home

As of December 2020

Great Duplex located in the City of El Monte. Both units have a total of 2479 square feet of living space on a 15,832 square feet lot!!
The first unit has 4 bedrooms and 2 bathrooms, a good size living room, dining room and well distributed kitchen with a dining area. Inside laundry room and a newer central AC/Heating unit installed in December of 2019. The second unit is a large size 2 bedroom, 1 bathroom home in need of some TLC.
Large living room and dining room area with a great size kitchen with enough space for an inside laundry. Good size attic.
Long driveways in both sides of the property and a 2 car garage with a empty lot on the back. This property has so much potential and it is a Must See.

Last Agent to Sell the Property

Luchi Balcazar

Coldwell Banker Envision License #01475084 Listed on: 08/14/2020

Coldwell Banker Envision

Last Buyer's Agent

Cindy Loi

GRANDMARK REALTY INC. License #01837011

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

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

Parking

  • 2 Car Garage
  • Parking Available
  • Single Garage Door
  • Driveway
  • RV Access or Parking

Interior Spaces

  • 2,479 Sq Ft Home
  • Living Room
  • Library
  • Laundry Room
  • Attic

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace
  • Private Water Source

Listing and Financial Details

  • Tenant pays for electricity, insurance
  • Legal Lot and Block 2 / P
  • Tax Tract Number 4340
  • Assessor Parcel Number 8108016008

Community Details

Overview

  • 2 Buildings
  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $930
  • Insurance Expense $1,158
  • Trash Expense $558
  • Water Sewer Expense $720
  • New Taxes Expense $9,987
  • Operating Expense $13,353
  • Net Operating Income $46,647

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 720.00
  • Zoning: EMR1B*
  • Property Type: Residential Income
  • Parcel Number: 8108016008
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 334.81
  • Room Type: All Bedrooms Down, Attic, Kitchen, Library, Living Room, Main Floor Bedroom, Main Floor Master Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage - Single Door, RV Access/Parking
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 558.00
  • Water Source: Private
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 15832.00
  • Lot Size Acres: 0.3635

Rental Info

  • Tenant Pays: Electricity, Insurance

Multi Family

  • Electric Expense: 930.00
  • Gross Scheduled Income: 60000.00
  • Insurance Expense: 1158.00
  • Lot Size Area: 15832.0000 Square Feet
  • Net Operating Income: 46647.00
  • 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: 13353.00
  • Rent Control: No
  • Total Expenses: 13353.00

Tax Info

  • New Taxes Expense: 9987.00
  • Tax Block: P
  • Tax Census Tract: 4340.03
  • Tax Lot: 2
  • Tax Tract Number: 4340.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 13, 2020
Sold by
Benesnilian Carmen
Bought by
Wang Dong and Bai Yubo
Current Estimated Value
$1,071,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 18, 2003
Sold by
Romo Avelina C
Bought by
Romo Avelina C and The Avelina C Romo Separate Pr
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
Wang Dong $830,000 Orange Coast Ttl Co Of Socal
Romo Avelina C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wang Dong $495,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2020 12/14/20 Sold $830,000 +3.9% $335 / Sq Ft
10/03/2020 10/03/20 Pending -- -- --
09/12/2020 09/12/20 For Sale $799,000 -3.7% $322 / Sq Ft
08/14/2020 08/14/20 Off Market $830,000 -- --
08/14/2020 08/14/20 For Sale $799,000 -- $322 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $12,366 $898,416 $629,974 $268,442
2024 $12,366 $880,801 $617,622 $263,179
2023 $12,168 $863,531 $605,512 $258,019
2022 $12,590 $846,600 $593,640 $252,960
2021 $11,999 $830,000 $582,000 $248,000
2020 $2,824 $158,220 $70,321 $87,899
2019 $2,818 $155,119 $68,943 $86,176
2018 $2,512 $152,079 $67,592 $84,487
2016 $2,310 $146,175 $64,968 $81,207
2015 $2,284 $143,981 $63,993 $79,988
2014 $2,255 $141,162 $62,740 $78,422
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20163523

California Regional Multiple Listing Service (CRMLS)

APN: 8108-016-008