NOT LISTED FOR SALE

Estimated Value: $957,000 - $1,106,000

6 Beds
3 Baths
2,506 Sq Ft
$404/Sq Ft Est. Value

Sale Details

Date Sold: June 17, 2021

Last sale price $790,000 $315 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $6,607 / mo

51 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Rectangular Lot
  • Wall Furnace
  • 3 Car Garage

About This Home

As of June 2021

Investor Opportunity! This property is already reasonably priced to reflect the low rents. Do not miss this rare once in a lifetime chance to own this bread and butter income property. Longtime family owned with long time tenants. All 2 bed units with one car attached garages in addition to extra parking spaces.. Good El Monte rental location. This property presents much potential. Units were newly re-roofed in 2018. Potential for rents to be much higher. Nice wide driveway in good condition provides easy access in and out of the property.

Last Agent to Sell the Property

Thomas Georgino

THOMAS GEORGINO REAL ESTATE License #00620392 Listed on: 03/15/2021

Last Buyer's Agent

Thomas Georgino

THOMAS GEORGINO REAL ESTATE License #00620392 Listed on: 03/15/2021

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 8,378 Sq Ft Lot
  • 1 Common Wall
  • Rectangular Lot

Parking

  • 3 Car Garage
  • 3 Open Parking Spaces
  • Parking Available

Home Design

  • 2,506 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 1 / C
  • Tax Tract Number 12359
  • Assessor Parcel Number 8107031013

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Insurance Expense $819
  • Other Expense $1,986
  • Trash Expense $1,115
  • Water Sewer Expense $2,034
  • Operating Expense $5,958
  • Gross Income $31,416
  • Net Operating Income $25,458

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

8,378 Sq Ft Lot

Parking

3

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Sub of the Rancho Potrero De Felipe Lugo
  • Water Sewer Expenses: 2034.00
  • Zoning: EMR3*
  • Property Type: Residential Income
  • Parcel Number: 8107031013
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 315.24
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 1115.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Rectangular Lot
  • Lot Size Sq Ft: 8378.00
  • Lot Size Acres: 0.1923

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 835 Square Feet
  • Gross Income: 31416.00
  • Gross Scheduled Income: 31416.00
  • Insurance Expense: 819.00
  • Lot Size Area: 8378.0000 Square Feet
  • Net Operating Income: 25458.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 5958.00
  • Other Expense: 1986.00
  • Other Expense Description: taxes
  • Rent Control: Yes
  • Total Actual Rent: 2618.00
  • Total Expenses: 5958.00

Tax Info

  • Tax Block: C
  • Tax Census Tract: 4339.02
  • Tax Lot: 1
  • Tax Tract Number: 12359

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

Closed on
Feb 6, 2010
Sold by
Bought by
Current Estimated Value
$1,011,590

Purchase Details

Closed on
Feb 1, 2010
Sold by
Bought by

Purchase Details

Closed on
Jan 27, 2010
Sold by
Bought by

Purchase Details

Closed on
Nov 16, 2003
Sold by
Bought by

Purchase Details

Closed on
Nov 3, 1994
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- None Available
-- None Available
-- None Available
-- None Available
-- --
-- --
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
06/17/2021 06/17/21 Sold $790,000 0.0% $315 / Sq Ft
05/05/2021 05/05/21 Pending -- -- --
04/30/2021 04/30/21 Price Changed $790,000 -3.1% $315 / Sq Ft
03/15/2021 03/15/21 For Sale $815,000 -- $325 / 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 $12,697 $855,118 $583,429 $271,689
2024 $11,857 $838,352 $571,990 $266,362
2023 $11,666 $821,915 $560,775 $261,140
2022 $11,218 $805,800 $549,780 $256,020
2021 $2,006 $83,973 $22,169 $61,804
2020 $1,966 $83,113 $21,942 $61,171
2019 $1,960 $81,484 $21,512 $59,972
2018 $1,800 $79,888 $21,091 $58,797
2016 $1,666 $76,788 $20,273 $56,515
2015 $1,647 $75,636 $19,969 $55,667
2014 $1,639 $74,155 $19,578 $54,577
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS21053503

California Regional Multiple Listing Service (CRMLS)

APN: 8107-031-013

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