NOT LISTED FOR SALE

15712 Fairgrove Ave La Puente, CA 91744

Estimated Value: $1,223,000 - $1,311,765

8 Beds
4 Baths
3,524 Sq Ft
$362/Sq Ft Est. Value

Last Sold September 28, 2023

Last sale price $1,150,000 $326 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $8,166/month

28 Days on Market

Highlights

  • Granite Countertops
  • Cooling System Mounted To A Wall/Window
  • Wood Fence
  • Neighborhood Views
  • Laundry Room
  • Carpet

About This Home

As of September 2023

Hard to find 4-plex in La Puente with all 2 bedroom, 1 bath units. Front house has 1 car garage and washer/dryer hookups and recently updated kitchen cabinets, countertops and new sink . Back house has carport for use. 2 middle units have parking spaces. Units have wall A/Cs & all have wall heaters. New roof on back house & trees recently trimmed. Long term tenants are slightly under market rent, but with some upgrades and improvements, these units could rent for much more. Property needs some TLC, and is priced to reflect that. Owner pays Water, trash & Gas on front 3 units, back house pays their own water. Close to large shopping centers & schools makes this a desirable location. Excellent upside potential and opportunity to own units!

Last Agent to Sell the Property

LAUREN DAVIS

MARK ANDERSEN & ASSOCIATES License #01245985 Listed on: 08/15/2023

Last Buyer's Agent

LAUREN DAVIS

MARK ANDERSEN & ASSOCIATES License #01245985 Listed on: 08/15/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,720

Year Built

  • Built in 1964

Lot Details

  • 0.25 Acre Lot
  • Two or More Common Walls
  • Wood Fence
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage
  • Carport
  • Parking Available
  • Driveway

Home Design

  • Quadruplex
  • Fixer Upper
  • Composition Roof
  • Bitumen Roof

Interior Spaces

  • 3,524 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Granite Countertops
  • Formica Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 14871
  • Assessor Parcel Number 8252009002

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 1 Separate Gas Meter
  • 2 Separate Water Meters
  • Fuel Expense $1,500
  • Gardener Expense $780
  • Insurance Expense $2,500
  • Maintenance Expense $2,000
  • Trash Expense $1,186
  • Water Sewer Expense $1,800
  • New Taxes Expense $15,000
  • Operating Expense $24,766
  • Gross Income $72,540
  • Net Operating Income $47,774

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,720

Year Built

Built in 1964

Lot Details

0

Parking

1

Listing Details

  • Price Per Unit: 312500
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 1800.00
  • Zoning: LPR3*
  • Property Condition: Fixer
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 780.00
  • Parcel Number: 8252009002
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Formica Counters, Granite Counters
  • Stories: 1
  • Entry Location: Fdoor
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 326.33

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Bitumen, Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport, Driveway
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Trash Expense: 1186.00
  • 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: 0-1 Unit/Acre
  • Lot Size Sq Ft: 11028.00
  • Lot Size Acres: 0.2532

Multi Family

  • Fuel Expense: 1500.00
  • Gross Income: 72540.00
  • Gross Operating Income: 62100.00
  • Gross Scheduled Income: 72540.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 11028.0000 Square Feet
  • Maintenance Expense: 2000.00
  • Net Operating Income: 47774.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number Wall A C: 4
  • Operating Expense: 24766.00
  • Rent Control: No
  • Total Actual Rent: 6045.00
  • Total Expenses: 24766.00

Tax Info

  • New Taxes Expense: 15000.00
  • Tax Census Tract: 4076.01
  • Tax Lot: 2
  • Tax Tract Number: 14871

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2023
Closed on
Sep 25, 2023
Sold by
Shen Minghsiehn
Bought by
Sun Yaxin
Seller's Agent
LAUREN DAVIS
MARK ANDERSEN & ASSOCIATES
Buyer's Agent
LAUREN DAVIS
MARK ANDERSEN & ASSOCIATES
List Price
$1,250,000
Sold Price
$1,150,000
Premium/Discount to List
-$100,000
-8%
Views
101
Current Estimated Value
$1,275,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,941
Avg. Annual Appreciation
4.01%
Original Mortgage
$690,000
Outstanding Balance
$677,404
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$562,818

Purchase Details

Listed on
Aug 15, 2023
Closed on
Sep 16, 2023
Sold by
Louella Maye Gonzalez Living Trust
Bought by
Sun Yaxin
Seller's Agent
LAUREN DAVIS
MARK ANDERSEN & ASSOCIATES
Buyer's Agent
LAUREN DAVIS
MARK ANDERSEN & ASSOCIATES
List Price
$1,250,000
Sold Price
$1,150,000
Premium/Discount to List
-$100,000
-8%
Views
101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$690,000
Outstanding Balance
$677,404
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$562,818

Purchase Details

Closed on
Feb 8, 2023
Sold by
Gonzalez Louella M
Bought by
Louella Maye Gonzalez Living Trust
Source: Public Records

Range of Values:

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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
Sun Yaxin -- Wfg National Title
Sun Yaxin $1,150,000 Wfg National Title
Louella Maye Gonzalez Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sun Yaxin $690,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2023 09/28/23 Sold $1,150,000 -8.0% $326 / Sq Ft
09/12/2023 09/12/23 Pending -- -- --
08/15/2023 08/15/23 For Sale $1,250,000 -- $355 / 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 $14,720 $1,173,000 $867,000 $306,000
2024 $14,720 $1,150,000 $850,000 $300,000
2023 $3,561 $183,636 $47,986 $135,650
2022 $3,479 $180,037 $47,046 $132,991
2021 $3,406 $176,508 $46,124 $130,384
2020 $3,374 $174,700 $45,652 $129,048
2019 $3,331 $171,275 $44,757 $126,518
2018 $3,093 $167,918 $43,880 $124,038
2016 $2,879 $161,399 $42,177 $119,222
2015 $2,833 $158,976 $41,544 $117,432
2014 $2,820 $155,863 $40,731 $115,132
Source: Public Records

Agents Affiliated with this Home

  • LAUREN DAVIS

    Seller's Agent in 2023

    LAUREN DAVIS

    MARK ANDERSEN & ASSOCIATES

    (626) 255-1576

    1 in this area

    25 Total Sales

    LAUREN DAVIS
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV23151742

California Regional Multiple Listing Service (CRMLS)

APN: 8252-009-002

California Los Angeles County La Puente 91744

15712 Fairgrove Ave, La Puente, CA

This home is located at 15712 Fairgrove Ave, La Puente, CA 91744 since 15 August 2023 and is currently estimated at $1,275,941, approximately $362 per square foot. This property was built in 1964. 15712 Fairgrove Ave is a home located in Los Angeles County with nearby schools including Baldwin Academy, Sierra Vista Middle School, and William Workman High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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