NOT LISTED FOR SALE

2034 Mountain Ave Duarte, CA 91010

Estimated Value: $981,000 - $1,170,000

6 Beds
3 Baths
2,700 Sq Ft
$396/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $875,000 $324 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $6,640/month

11 Days on Market

Highlights

  • No Units Above
  • Lawn
  • Cooling System Mounted To A Wall/Window
  • Mountain View
  • No HOA
  • Laundry Room

About This Home

As of April 2021

Rare Duarte one story gated triplex with stable, long-term tenants. The recent remodel includes Section 1 termite clearance, new exterior paint, new roof, new kitchen/kitchen cabinet paint, new wall heaters and professional landscaping as well as some new windows for Unit A. Laundry hookups are conveniently located inside the kitchen in Units A/B - hookups are outside in a shed in Unit C. The floor plan is very spacious with a large living room and larger bedrooms. Interior photos available upon request. Units A and B have small fenced backyards; Unit C has a larger fenced backyard. Newer gate on street and alley sides of the property. This complex has 4 one car garages plus one off-street parking space - one garage has been converted into the landlord's storage space (landlords, save on your storage fees by using this space instead of renting one!). Newer block wall along north side of the property. Excellent location for tenants: close to Maxwell Academy (a K-8 public school), as well as parks, businesses on Huntington Drive and Mountain Avenue, such as Walmart and Home Depot. Convenient access to 210/605 freeways and the large Santa Fe Dam Recreation area. 1.5 miles to the Monrovia Metro station. This listing won't last, submit an offer soon!

Last Agent to Sell the Property

Amy Lam

RE/MAX MASTERS REALTY License #01495301 Listed on: 03/22/2021

RE/MAX MASTERS REALTY

Last Buyer's Agent

David Tsai

SGVAPARTMENTS.COM INC License #01403172

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 7,562 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Wrought Iron Fence
  • Block Wall Fence
  • Redwood Fence
  • Landscaped
  • Level Lot
  • Lawn
  • Front Yard

Parking

  • 4 Car Garage
  • 1 Open Parking Space
  • Parking Available
  • Rear-Facing Garage
  • Driveway Level
  • Parking Lot
  • Off-Street Parking

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 2,700 Sq Ft Home
  • 1-Story Property
  • Mountain Views
  • Gas Range

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Laundry in Kitchen
  • Washer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Sewer Paid

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 5
  • Tax Tract Number 14089
  • Assessor Parcel Number 8531023006

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Foothills

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,133
  • Trash Expense $800
  • Water Sewer Expense $2,206
  • New Taxes Expense $4,997
  • Gross Income $44,638
  • Net Operating Income $27,052

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 2206.00
  • Zoning: DUR39000*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 8531023006
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 324.07
  • Room Type: All Bedrooms Down, Laundry, Main Floor Bedroom

Exterior Features

  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Block, Redwood, Wrought Iron
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway Level, Garage, Garage Faces Rear, Off Street, Parking Space
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Refrigerator
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: In Kitchen, Outside, Washer Hookup
  • Sewer: Sewer Paid
  • Trash Expense: 800.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Foothills, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Lawn, Level with Street
  • Lot Size Sq Ft: 7562.00
  • Lot Size Acres: 0.1736

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Gross Income: 44638.00
  • Gross Scheduled Income: 41808.00
  • Insurance Expense: 1133.00
  • Lot Size Area: 7562.0000 Square Feet
  • Net Operating Income: 27052.00
  • Number Of Rented Garages: 3
  • 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
  • Number With Patio: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 14756.00
  • Rent Control: No
  • Total Actual Rent: 3485.52

Tax Info

  • New Taxes Expense: 4997.00
  • Tax Census Tract: 4301.02
  • Tax Lot: 5
  • Tax Tract Number: 14089

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2021
Closed on
Apr 13, 2021
Sold by
Rmrd Llc
Bought by
Chen Chaeloe Y
Seller's Agent
Amy Lam
RE/MAX MASTERS REALTY
Buyer's Agent
David Tsai
SGVAPARTMENTS.COM INC
List Price
$810,000
Sold Price
$875,000
Premium/Discount to List
$65,000
8.02%
Current Estimated Value
$1,069,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,490
Avg. Annual Appreciation
4.28%

Purchase Details

Closed on
May 25, 2005
Sold by
Lam Richard Y and Lam Helen Y C
Bought by
Lam Richard Y

Purchase Details

Closed on
Nov 18, 1993
Sold by
Lam Richard Y and Lam Helen Y C
Bought by
Lam Richard Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,861
Interest Rate
7.09%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chen Chaeloe Y $875,000 Chicago Title
Lam Richard Y -- None Available
Lam Richard Y -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lam Richard Y $121,861
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2021 04/16/21 Sold $875,000 +8.0% $324 / Sq Ft
04/02/2021 04/02/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $810,000 -- $300 / 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 $12,908 $947,126 $514,154 $432,972
2024 $12,908 $928,556 $504,073 $424,483
2023 $12,543 $910,350 $494,190 $416,160
2022 $12,239 $892,500 $484,500 $408,000
2021 $4,585 $279,180 $60,944 $218,236
2020 $4,346 $276,319 $60,320 $215,999
2019 $4,254 $270,902 $59,138 $211,764
2018 $4,082 $265,591 $57,979 $207,612
2016 $3,885 $255,280 $55,729 $199,551
2015 $3,809 $251,446 $54,892 $196,554
2014 -- $246,521 $53,817 $192,704
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21058899

California Regional Multiple Listing Service (CRMLS)

APN: 8531-023-006