NOT LISTED FOR SALE

2306 Sastre Ave South El Monte, CA 91733

Estimated Value: $882,000 - $1,096,000

8 Beds
3 Baths
2,619 Sq Ft
$389/Sq Ft Est. Value

Last Sold May 25, 2023

Last sale price $900,000 $344 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,576/month

2 Days on Market

Highlights

  • Laundry Room
  • Level Lot
  • 1-Story Property

About This Home

As of May 2023

Investor special! While this property has been re-zoned for light industrial use, it is grandfathered under current use as a three-on-a-lot residential property. With a little TLC, this property could be great for a new investor to live in one unit and rent out the other 2 units, or to rent all 3 for the cash flow. Each unit has their own small yard.

Last Agent to Sell the Property

BENJAMIN KUBO

KUBO REALTY & INVESTMENTS GROU License #01913485 Listed on: 05/03/2023

Last Buyer's Agent

BENJAMIN KUBO

KUBO REALTY & INVESTMENTS GROU License #01913485 Listed on: 05/03/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,369

Year Built

  • Built in 1952

Lot Details

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

Parking

  • 4 Car Garage

Home Design

  • Triplex

Interior Spaces

  • 2,619 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Bathrooms

Utilities

  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 48
  • Tax Tract Number 14239
  • Assessor Parcel Number 8102015005

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $1,019
  • Other Expense $2,425
  • Trash Expense $2,748
  • Operating Expense $6,193
  • Gross Income $66,000
  • Net Operating Income $59,807

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,369

Year Built

Built in 1952

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 300000
  • Property Attached: No
  • Zoning: Industrial
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 8102015005
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: Street
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 343.64

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Sewer: Public Sewer
  • Trash Expense: 2748.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Level with Street, Lot 10000-19999 Sqft
  • Lot Size: 11222
  • Lot Size Sq Ft: 11222.00
  • Lot Size Acres: 0.2576

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 66000.00
  • Gross Scheduled Income: 66000.00
  • Insurance Expense: 1019.00
  • Lot Size Area: 11222.0000 Square Feet
  • Net Operating Income: 59807.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 6193.00
  • Other Expense: 2425.00
  • Other Expense Description: Taxes
  • Rent Control: No
  • Total Expenses: 6193.00

Tax Info

  • Tax Lot: 48
  • Tax Tract Number: 14239
  • Tax Annual Amount: 2369.00
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2023
Closed on
May 15, 2023
Sold by
Foundation For Christian Academic Advanc
Bought by
Advance Care Insurance Inc Retirement Trust
Seller's Agent
BENJAMIN KUBO
KUBO REALTY & INVESTMENTS GROU
Buyer's Agent
BENJAMIN KUBO
KUBO REALTY & INVESTMENTS GROU
List Price
$900,000
Sold Price
$900,000
Views
6
Current Estimated Value
$1,017,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,831
Avg. Annual Appreciation
5.94%

Purchase Details

Closed on
Mar 18, 2016
Sold by
Dedi Tommaso Belkys Norma Quintana
Bought by
Dedi Tommaso Belkys Norma Quintana

Purchase Details

Closed on
Nov 23, 2009
Sold by
Ditommaso Belkys N
Bought by
Ditommaso Belkys Norma and 2009 Belkys Norma Di Tommaso R
Source: Public Records

Range of Values:

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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
Advance Care Insurance Inc Retirement Trust $900,000 First American Title
Dedi Tommaso Belkys Norma Quintana -- None Available
Dedi Tommaso Belkys Norma Quintana -- None Available
Ditommaso Belkys Norma -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2023 05/25/23 Sold $900,000 0.0% $344 / Sq Ft
05/05/2023 05/05/23 Pending -- -- --
05/03/2023 05/03/23 For Sale $900,000 -- $344 / 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 $12,038 $936,360 $468,180 $468,180
2024 $12,038 $918,000 $459,000 $459,000
2023 $14,677 $1,151,580 $805,800 $345,780
2022 $2,425 $108,796 $27,835 $80,961
2021 $2,369 $106,664 $27,290 $79,374
2020 $2,361 $105,572 $27,011 $78,561
2019 $2,393 $103,503 $26,482 $77,021
2018 $2,193 $101,474 $25,963 $75,511
2016 $2,085 $97,535 $24,955 $72,580
2015 $2,063 $96,071 $24,581 $71,490
2014 $2,022 $94,190 $24,100 $70,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB23075932

California Regional Multiple Listing Service (CRMLS)

APN: 8102-015-005