NOT LISTED FOR SALE

Estimated Value: $650,000 - $787,000

4 Beds
2 Baths
2 Sq Ft
$353,020/Sq Ft Est. Value

Last Sold October 02, 2023

Last sale price $850,000 $425,000 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $4,156/month

107 Days on Market

Highlights

  • Laundry Room
  • Wall Furnace
  • 1-Story Property
  • Bike Trail

About This Home

As of October 2023

Investors! This 2 single family residence is situated in a bustling neighborhood of La Puente, a city located in the San Gabriel Valley region of Los Angeles County. The area is known for its diverse population, and easy access to major freeways. Overall, this two-bedroom, one-bathroom duplex in La Puente is an excellent choice for anyone looking to build their real estate portfolio. Zoning is LAC16000; Light agriculture -A1 does allow horses and chickens with some exceptions. Please check with the city. It also has the potential of adding ADU.

Last Agent to Sell the Property

Jonathan Mendoza

Monarch Real Estate Services License #01755579 Listed on: 05/09/2023

Co-Listed By

Rosa Romero

Monarch Real Estate Services License #01915925

Last Buyer's Agent

Rosalba Farias

RE/MAX CHAMPIONS License #00987798

RE/MAX CHAMPIONS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 0.27 Acre Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 2 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 2 / 9
  • Tax Tract Number 1343
  • Assessor Parcel Number 8112008040
  • $469 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Recreation

  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $2,500
  • Trash Expense $2,400
  • Water Sewer Expense $3,600
  • Operating Expense $8,500
  • Gross Income $37,560
  • Net Operating Income $29,060

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3600.00
  • Zoning: LCA16000*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 8112008040
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1

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
  • Sewer: Public Sewer
  • Trash Expense: 2400.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 11869.00
  • Lot Size Acres: 0.2725

Rental Info

  • Tenant Pays: Other

Multi Family

  • Gross Income: 37560.00
  • Gross Scheduled Income: 37560.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 11869.0000 Square Feet
  • Net Operating Income: 29060.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 8500.00
  • Rent Control: No
  • Total Expenses: 8500.00

Tax Info

  • Tax Block: 9
  • Tax Census Tract: 4083.01
  • Tax Lot: 2
  • Tax Tract Number: 1343
  • TaxOtherAnnualAssessmentAmount: 469.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2022
Sold by
Bates Doyle
Bought by
Bates Revocable Trust and Bates
Current Estimated Value
$706,779

Purchase Details

Closed on
Apr 9, 2009
Sold by
Bates Stacy
Bought by
Bates Warren Doyle
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
Bates Revocable Trust -- None Listed On Document
Bates Warren Doyle -- Accommodation
Bates Houck Andrea -- Accommodation
Bates Houck Andrea -- Accommodation
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2023 10/02/23 Sold $850,000 0.0% $425,000 / Sq Ft
09/30/2023 09/30/23 Off Market $850,000 -- --
09/30/2023 09/30/23 For Sale $879,000 +3.4% $439,500 / Sq Ft
09/20/2023 09/20/23 Off Market $850,000 -- --
09/13/2023 09/13/23 For Sale $879,000 +3.4% $439,500 / Sq Ft
08/30/2023 08/30/23 Off Market $850,000 -- --
08/30/2023 08/30/23 For Sale $879,000 +3.4% $439,500 / Sq Ft
08/25/2023 08/25/23 Off Market $850,000 -- --
06/15/2023 06/15/23 Price Changed $879,000 -26.7% $439,500 / Sq Ft
05/09/2023 05/09/23 For Sale $1,199,999 -- $600,000 / 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 $5,966 $457,980 $327,420 $130,560
2024 $5,966 $449,000 $321,000 $128,000
2023 $1,765 $109,878 $51,381 $58,497
2022 $1,693 $107,724 $50,374 $57,350
2021 $1,663 $105,613 $49,387 $56,226
2019 $1,623 $102,482 $47,923 $54,559
2018 $1,537 $100,474 $46,984 $53,490
2016 $1,475 $96,574 $45,160 $51,414
2015 $1,440 $95,124 $44,482 $50,642
2014 -- $93,261 $43,611 $49,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR23079318

California Regional Multiple Listing Service (CRMLS)

APN: 8112-008-041