NOT LISTED FOR SALE

2540 Durfee Ave El Monte, CA 91732

Mountain View Neighborhood

Estimated Value: $978,511 - $1,220,000

5 Beds
3 Baths
2,231 Sq Ft
$473/Sq Ft Est. Value

Last Sold October 16, 2019

Last sale price $652,000 $292 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $6,695/month

6 Days on Market

Highlights

  • No Units Above
  • No HOA
  • Laundry Room
  • 0.39 Acre Lot
  • Neighborhood Views
  • 4-minute walk to Mountain View Park

About This Home

As of October 2019

Investor’s and business owner’s great opportunity to purchase these 3 units one story triplex (1 units front house and 2 units back house) with great cap rate. Total living area 2,231 sqft situated on 16,874 sqft lot zone for EMM1 (Mixed/Multiuse Zone with 1.0 FAR). Building can be converted to many other uses. Front detached house with 3 bedroom, 1 bathroom, Back house has 2 units with 1 bedroom and 1 bathroom inside . Owner pays water and garbage fees. Tenants pays for other expense else. Buyer to perform their own due diligence and verify all information to their satisfaction. Huge lot has a lot of potential. Please do not walk on property and Drive by only. Offer subject to inspection.

Last Agent to Sell the Property

Anderson Kuo

Wetrust Realty License #01921661 Listed on: 09/04/2019

Last Buyer's Agent

Anderson Kuo

Wetrust Realty License #01921661 Listed on: 09/04/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,123

Year Built

  • Built in 1944

Lot Details

  • 0.39 Acre Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 3 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Triplex
  • Shingle Roof

Interior Spaces

  • 2,231 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Exterior Lighting
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 3 / B
  • Tax Tract Number 11240
  • Assessor Parcel Number 8108008003

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Maintenance Expense $3,000
  • Trash Expense $3,240
  • Water Sewer Expense $1,800
  • New Taxes Expense $9,900
  • Operating Expense $18,940
  • Gross Income $36,000
  • Net Operating Income $29,120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,123

Year Built

Built in 1944

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 1800.00
  • Zoning: EMM1*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 8108008003
  • Year Built: 1944
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Levels: One
  • Price Per Square Foot: 292.25

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Electricity Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 3240.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 16874.00
  • Lot Size Acres: 0.3874

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 36000.00
  • Gross Scheduled Income: 36000.00
  • Lot Size Area: 16874.0000 Square Feet
  • Maintenance Expense: 3000.00
  • Net Operating Income: 29120.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 5880.00
  • Rent Control: No
  • Total Expenses: 18940.00

Tax Info

  • New Taxes Expense: 9900.00
  • Tax Block: B
  • Tax Census Tract: 4340.03
  • Tax Lot: 3
  • Tax Tract Number: 11240

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2019
Closed on
Oct 8, 2019
Sold by
Wang Jia Sen and Tseng Ming Yueh
Bought by
Chan David Kin and Chan Kathy Keang
Seller's Agent
Anderson Kuo
Wetrust Realty
Buyer's Agent
Anderson Kuo
Wetrust Realty
List Price
$739,000
Sold Price
$652,000
Premium/Discount to List
-$87,000
-11.77%
Current Estimated Value
$1,056,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$404,378
Avg. Annual Appreciation
7.37%
Source: Public Records

Range of Values:

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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
Chan David Kin $652,000 Chicago Title Company
Wang Jia Sen -- Chicago Title Company
Wang Mao Tsung -- Chicago Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2019 10/16/19 Sold $652,000 0.0% $292 / Sq Ft
09/13/2019 09/13/19 Off Market $652,000 -- --
09/10/2019 09/10/19 Pending -- -- --
09/09/2019 09/09/19 For Sale $739,000 +13.3% $331 / Sq Ft
09/08/2019 09/08/19 Off Market $652,000 -- --
09/04/2019 09/04/19 For Sale $739,000 -- $331 / 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
2024 $10,123 $699,073 $429,952 $269,121
2023 $9,962 $685,367 $421,522 $263,845
2022 $9,586 $671,929 $413,257 $258,672
2021 $9,816 $658,754 $405,154 $253,600
2020 $10,092 $652,320 $401,000 $251,320
2019 $7,391 $482,145 $355,717 $126,428
2018 $7,041 $472,699 $348,743 $123,956
2016 $6,498 $454,037 $335,201 $118,836
2015 $6,429 $447,217 $330,166 $117,051
2014 $6,309 $438,458 $323,699 $114,759
Source: Public Records

Agents Affiliated with this Home

  • Anderson Kuo

    Seller's Agent in 2019

    Anderson Kuo

    Wetrust Realty

    (626) 758-8775

    1 in this area

    23 Total Sales

    Anderson Kuo
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS19211618

California Regional Multiple Listing Service (CRMLS)

APN: 8108-008-003

California Los Angeles County El Monte 91732 Mountain View

2540 Durfee Ave, El Monte, CA

This home is located at 2540 Durfee Ave, El Monte, CA 91732 since 04 September 2019 and is currently estimated at $1,056,378, approximately $473 per square foot. This property was built in 1944. 2540 Durfee Ave is a home located in Los Angeles County with nearby schools including Maxson Elementary and Mountain View High.

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.

California Regional Multiple Listing Service (CRMLS) 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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