Pedro Torres Jr.
First Class Platinum Brokers
(562) 392-3404
121 Total Sales
1 in South El Monte
$725,000 Price
2402 Merced Ave South El Monte, CA 91733
South El Monte AreaEstimated Value: $752,000 - $882,525
4
Beds
2
Baths
1,380
Sq Ft
$575/Sq Ft
Est. Value
Highlights
- Corner Lot
- Living Room
- 2 Car Garage
- Private Yard
- Ceiling Fan
- Wrought Iron Fence
About This Home
As of November 2023Excellent Investment Opportunity! Rent one and Live in one! Each unit has 2 bedrooms & 1 bathroom, there own driveway and garage and an updated kitchen with granite countertops. Back unit has a bonus room and long standing tenants. Front unit has been updated with new floors and paint. Ready for move in. The spacious, 6570 sq. ft. corner lot is fully gated and offers the front unit ample outdoor space. Outdoor laundry area and so much more. Central to shops, restaurants, 60 and 10 freeways. Don't miss this opportunity!
Last Agent to Sell the Property
Keller Williams Realty License #01827904 Listed on: 08/14/2023
Last Buyer's Agent
JENNIFER BROWN
No Firm Affiliation
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1942
Lot Details
- 6,570 Sq Ft Lot
- 1 Common Wall
- Wrought Iron Fence
- Chain Link Fence
- Corner Lot
- Private Yard
- Front Yard
Parking
- 2 Car Garage
- Parking Available
- Driveway
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 1,380 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Living Room
- Laundry Located Outside
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Exterior Lighting
Utilities
- No Heating
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for all utilities, cable TV, electricity, gas, sewer, trash collection, water
- Tax Lot 20
- Tax Tract Number 11950
- Assessor Parcel Number 8103025020
- $727 per year additional tax assessments
Community Details
Building Details
- 1 Leased Unit
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Insurance Expense $695
- Operating Expense $695
- Gross Income $20,400
- Net Operating Income $19,705
Additional Features
- 2 Units
- Laundry Facilities
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 14, 2023
Closed on
Sep 7, 2023
Sold by
Bought by
Seller's Agent
Leslie Gomez
Keller Williams Realty
Buyer's Agent
JENNIFER BROWN
No Firm Affiliation
List Price
$699,000
Sold Price
$715,000
Premium/Discount to List
$16,000
2.29%
Views
122
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,881
Avg. Annual Appreciation
3.78%
Original Mortgage
$702,049
Interest Rate
7.12%
Mortgage Type
FHA
Purchase Details
Listed on
Feb 17, 2016
Closed on
Nov 22, 2016
Sold by
Bought by
Seller's Agent
David Gomez
The Heights Real Estate Group
Buyer's Agent
Amy Wang
High Ten Partners, Inc.
List Price
$519,000
Sold Price
$495,000
Premium/Discount to List
-$24,000
-4.62%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.47%
Original Mortgage
$371,250
Interest Rate
3.47%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 17, 2016
Closed on
Nov 21, 2016
Sold by
Bought by
Seller's Agent
David Gomez
The Heights Real Estate Group
Buyer's Agent
Amy Wang
High Ten Partners, Inc.
List Price
$519,000
Sold Price
$495,000
Premium/Discount to List
-$24,000
-4.62%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,250
Interest Rate
3.47%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 6, 2011
Sold by
Bought by
Purchase Details
Closed on
Sep 29, 2010
Sold by
Bought by
Purchase Details
Closed on
Feb 6, 2007
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,600
Interest Rate
6.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 23, 2007
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,600
Interest Rate
6.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 16, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.35%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Jun 12, 1997
Sold by
Bought by
Purchase Details
Closed on
Feb 28, 1995
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in South El Monte, CA
-
Pedro Torres Jr.
-
Peggy Lim
Peggy Lim
Real Brokerage Technologies
(626) 889-5586
87 Total Sales
1 in South El Monte
$740,000 Price
-
Liz Gonzalez
Liz Gonzalez
T.N.G. Real Estate Consultants
(562) 352-2867
51 Total Sales
1 in South El Monte
$880,000 Price
-
Eli Strickland
Eli Strickland
Responds QuicklyRE/MAX INNOVATIONS
(833) 400-8714
138 Total Sales
2 in South El Monte
$850,000 Price Range
-
Megan Husri
Megan Husri
Responds QuicklyKeller Williams Studio City
(747) 279-3321
88 Total Sales
1 in South El Monte
$1,050,000 Price
-
Rudy Kusuma
Rudy Kusuma
LPT Realty, Inc
(916) 249-4078
152 Total Sales
1 in South El Monte
$668,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $715,000 | Fidelity National Title | ||
| $495,000 | North American Title Company | ||
| -- | North American Title Company | ||
| $300,000 | Chicago Title Company | ||
| -- | None Available | ||
| -- | Old Republic Title Co O C | ||
| $577,000 | Old Republic Title Co O C | ||
| $500,000 | Old Republic Title Company | ||
| -- | -- | ||
| $170,000 | First American Title Company |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $150,874 | ||
| Previous Owner | $702,049 | ||
| Previous Owner | $371,250 | ||
| Previous Owner | $461,600 | ||
| Previous Owner | $100,000 | ||
| Previous Owner | $400,000 | ||
| Previous Owner | $163,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/01/2023 11/01/23 | Sold | $715,000 | +2.3% | $518 / Sq Ft | |
| 09/05/2023 09/05/23 | Pending | -- | -- | -- | |
| 08/14/2023 08/14/23 | For Sale | $699,000 | +41.2% | $507 / Sq Ft | |
| 12/08/2016 12/08/16 | Sold | $495,000 | -4.6% | $359 / Sq Ft | View Prior Sale |
| 08/22/2016 08/22/16 | Pending | -- | -- | -- | |
| 02/17/2016 02/17/16 | For Sale | $519,000 | -- | $376 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $9,843 | $729,300 | $488,580 | $240,720 |
| 2024 | $9,210 | $715,000 | $479,000 | $236,000 |
| 2023 | $7,200 | $552,176 | $359,195 | $192,981 |
| 2022 | $7,098 | $541,350 | $352,152 | $189,198 |
| 2021 | $6,946 | $530,737 | $345,248 | $185,489 |
| 2019 | $7,121 | $514,997 | $335,008 | $179,989 |
| 2018 | $6,967 | $504,900 | $328,440 | $176,460 |
| 2016 | $4,657 | $324,676 | $216,451 | $108,225 |
| 2015 | $4,606 | $319,800 | $213,200 | $106,600 |
| 2014 | $4,428 | $313,536 | $209,024 | $104,512 |
Source: Public Records
Agents Affiliated with this Home
-
Leslie Gomez
Seller's Agent in 2023
Leslie Gomez
Keller Williams Realty
(310) 920-1439
60 Total Sales
-
Alfredo Gomez
Seller Co-Listing Agent in 2023
Alfredo Gomez
Keller Williams Realty
(310) 425-2747
18 Total Sales
-
J
Buyer's Agent in 2023
JENNIFER BROWN
No Firm Affiliation
-
D
Seller's Agent in 2016
David Gomez
The Heights Real Estate Group
-
Amy Wang
Buyer's Agent in 2016
Amy Wang
High Ten Partners, Inc.
(626) 462-5612
22 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB23143555
APN: 8103-025-020
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.
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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