NOT LISTED FOR SALE

2463 Adelia Ave South El Monte, CA 91733

Estimated Value: $1,082,000 - $1,430,000

5 Beds
3 Baths
3,503 Sq Ft
$368/Sq Ft Est. Value

Last Sold April 17, 2015

Last sale price $738,000 $211 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $8,114/month

81 Days on Market

Highlights

  • Private Yard
  • Landscaped
  • Paved or Partially Paved Lot

About This Home

As of April 2015

AT THIS NEW PRICE, COMPARE WITH CURRENT INCOME PROPERTY FOR SALE IN S EL MONTE AND EL MONTE. GREAT OPPORTUNITY TO OWN AN Amazing Investment or Owner occupied well maintained 4 units property in a 11,188 sq ft lot. Great Location in close proximity to two major freeways. Walking distance to shopping centers and commerce along Garvey/ Rosemead Blvd. The front house consists of a 2 bedrooms 1 bath single detached family home built in 1959 with double car attached garage. Seller recently installed a central a/c unit at a cost of $8,700. In addition to over $8K spent in sand blasting exterior stucco and new exterior/interior paint in 2013. The middle unit was built in 1946 and completely renovated 2 yrs ago with new walls, hardwood flooring, dual-pane windows, granite kitchen counter top, and new cabinetry. Also new are the wall a/c and heater units plus tank less water heater. The third building houses two units: A 2/1 upstairs and a 2/1 downstairs with a 20X18 carport attached. The bathrooms in these two units were recently remodeled. One unit has granite kitchen counter top and new interior doors. SEE BROKERS REMARKS
Please click on the Realist Tax link under picture for assessor's information regarding living square feet area for each unit.

Last Agent to Sell the Property

Irma Mercado

Dream House Real Estate License #00917788 Listed on: 01/08/2015

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,728

Year Built

  • Built in 1959

Lot Details

  • 0.26 Acre Lot
  • No Common Walls
  • Landscaped
  • Paved or Partially Paved Lot
  • Level Lot
  • Private Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • 4 Carport Spaces
  • Parking Available
  • Assigned Parking

Home Design

  • 3,503 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • Exterior Lighting
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, insurance
  • Tax Lot 21
  • Tax Tract Number 4335
  • Assessor Parcel Number 8102024021

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $1,800
  • Trash Expense $1,600
  • Water Sewer Expense $1,650
  • New Taxes Expense $10,925
  • Gross Income $4,400
  • Net Operating Income $35,625

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,728

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 1650.00
  • Zoning: SER3
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 8102024021
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 210.68

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Sewer: Sewer Paid
  • Trash Expense: 1600.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Storm Drains

Lot Info

  • Lot Features: 0-1 Unit/Acre, Landscaped, Level with Street, Lot 10000-19999 Sqft, Paved, Yard
  • Lot Size Sq Ft: 11188.00
  • Lot Size Acres: 0.2570

Rental Info

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

Multi Family

  • Gross Income: 4400.00
  • Gross Scheduled Income: 52800.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 11188.0000 Square Feet
  • Net Operating Income: 35625.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number Wall A C: 2
  • Operating Expense: 17175.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 10925.00
  • Tax Lot: 21
  • Tax Tract Number: 4335
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2015
Closed on
Apr 1, 2015
Sold by
Revocabl Sullivan Cheryl Susan and Revocabl Cheryl Susan Sullivan
Bought by
Tpn Properties Llc
Seller's Agent
Irma Mercado
Dream House Real Estate
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$874,900
Sold Price
$738,000
Premium/Discount to List
-$136,900
-15.65%
Current Estimated Value
$1,303,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$565,499
Avg. Annual Appreciation
5.74%

Purchase Details

Closed on
Apr 4, 2012
Sold by
Sullivan Cheryl Susan
Bought by
Revocabl Sullivan Cheryl Susan and Revocabl Cheryl Susan Sullivan

Purchase Details

Closed on
Dec 17, 2010
Sold by
Sullivan Cheryl and Haughey Elizabeth
Bought by
Sullivan Cheryl

Purchase Details

Closed on
Oct 29, 2002
Sold by
Sullivan Elsie
Bought by
Sullivan Elsie and Elsie Sullivan Revocable Trust
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
Tpn Properties Llc $738,000 Title 365
Revocabl Sullivan Cheryl Susan -- None Available
Sullivan Cheryl -- None Available
Sullivan Elsie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sullivan Cheryl Susan $65,000
Previous Owner Sullivan Elsie $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2015 04/17/15 Sold $738,000 -15.6% $211 / Sq Ft
03/30/2015 03/30/15 Pending -- -- --
01/08/2015 01/08/15 For Sale $874,900 -- $250 / 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 $11,728 $886,957 $163,448 $723,509
2024 $11,728 $869,567 $160,244 $709,323
2023 $11,365 $852,517 $157,102 $695,415
2022 $11,239 $835,802 $154,022 $681,780
2021 $10,993 $819,414 $151,002 $668,412
2020 $10,969 $811,693 $149,454 $662,239
2019 $11,263 $795,792 $146,524 $649,268
2018 $11,022 $780,202 $143,651 $636,551
2016 $10,568 $749,254 $138,074 $611,180
2015 $1,986 $77,475 $15,481 $61,994
2014 -- $75,958 $15,178 $60,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR15005587

California Regional Multiple Listing Service (CRMLS)

APN: 8102-024-021