Seller's Agent in 2024
John Algattas
RE/MAX
(626) 262-1015
1 in this area
104 Total Sales
2544 Maxson Rd El Monte, CA 91732
Mountain View NeighborhoodEstimated Value: $971,000 - $1,139,000
6
Beds
3
Baths
2,336
Sq Ft
$459/Sq Ft
Est. Value
Highlights
- Property is near a park
- Double Pane Windows
- Laundry Room
- No HOA
- Cooling System Mounted To A Wall/Window
- 1-minute walk to Mountain View Park
About This Home
As of February 2024PRIME INVESTMENT TRIPLEX with FANTASTIC INCOME!!! This triplex offers an attractive prospect for investors and has already passed and been approved through the City of El Monte pre-sale Inspection Process. Each of the three units within this triplex showcases two generously proportioned bedrooms, a full bathroom, a spacious kitchen with ample cabinet storage, and the convenience of indoor laundry facilities with washing & dryer machine hookups. Each unit has its own address of 2544, 2546, and 2550 Maxson Rd. The property is composed of two distinct structures: the southern building consists of two adjacent single-level units, each featuring two bedrooms and one bathroom, both complemented by expansive hardscaped backyard patio areas. The 3rd unit is a freestanding single-level unit, which serves as the final structure of this triplex, also offering two bedrooms and one bathroom. Unit 2550 has undergone a comprehensive renovation in 2022, while Unit 2546 was updated in 2021, and Unit 2544 received updates within the past five years. 3 Covered Carports (6 parking spaces), each unit has its own exclusive covered carport which allows each unit one covered parking and space for a second parking. This multi-family investor/owner opportunity just received City of El Monte pre-sale inspection approval on 01/17/2024, dont miss out on this fantastic investment to add to your real estate portfolio.
Last Agent to Sell the Property
RE/MAX TOP PRODUCERS License #01276107 Listed on: 10/24/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1960 | Remodeled
Lot Details
- 6,224 Sq Ft Lot
- 1 Common Wall
- Wood Fence
- Block Wall Fence
Home Design
- Triplex
- Entry on the 1st floor
- Turnkey
- Slab Foundation
- Composition Roof
- Stucco
Interior Spaces
- 2,336 Sq Ft Home
- 1-Story Property
- Double Pane Windows
- Family Room
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
Parking
- 3 Parking Spaces
- 3 Carport Spaces
- Parking Available
- Driveway Level
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Standard Electricity
Additional Features
- Exterior Lighting
- Property is near a park
Listing and Financial Details
- Legal Lot and Block 11 / A
- Tax Tract Number 11229
- Assessor Parcel Number 8107020021
- $891 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
Building Details
- 3 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 3 Separate Water Meters
- Insurance Expense $2,069
- Trash Expense $1,440
- Water Sewer Expense $1,560
- Operating Expense $5,069
- Gross Income $70,740
- Net Operating Income $65,176
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 13, 2024
Sold by
Cai Lane Katerine Lineth
Bought by
Kcal Trust and Lane
Current Estimated Value
Purchase Details
Listed on
Oct 24, 2023
Closed on
Jan 31, 2024
Sold by
Dan Dan Liu Family Trust
Bought by
Lane Katerine Lineth Cai
Seller's Agent
John Algattas
RE/MAX TOP PRODUCERS
Buyer's Agent
Andy Yu
Real Brokerage Technologies
List Price
$1,188,000
Sold Price
$1,050,000
Premium/Discount to List
-$138,000
-11.62%
Views
176
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.17%
Original Mortgage
$735,000
Interest Rate
6.66%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 19, 2019
Sold by
Liu Dan Dan
Bought by
Liu Dan Dan and The Dan Dan Liu Family Trust
Purchase Details
Listed on
Jan 24, 2017
Closed on
Apr 14, 2017
Sold by
Leong Lim Jeffrey Young and Leong Hwee Hock
Bought by
Liu Dan Dan
Seller's Agent
Steve Walker
ADAK Pacific Realty
Buyer's Agent
Joanna Cheung
APEX REALTY & MANAGEMENT INC.
List Price
$650,000
Sold Price
$630,000
Premium/Discount to List
-$20,000
-3.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%
Original Mortgage
$472,500
Interest Rate
4.08%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 3, 2004
Sold by
Nelson Hwee Hock Leong and Nelson Hwee
Bought by
Leong Lim Jeffrey Young and Leong Hwee Hock
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kcal Trust | -- | None Listed On Document | |
| Lane Katerine Lineth Cai | $1,050,000 | First American Title | |
| Liu Dan Dan | -- | None Available | |
| Liu Dan Dan | $630,000 | Wfg | |
| Leong Lim Jeffrey Young | -- | Provident Title Company | |
| Leong Lim Jeffrey Young | -- | Provident Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Lane Katerine Lineth Cai | $735,000 | |
| Previous Owner | Liu Dan Dan | $472,500 | |
| Previous Owner | Leong Lim Jeffrey Young | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/27/2024 02/27/24 | Sold | $1,050,000 | -4.5% | $449 / Sq Ft | |
| 01/28/2024 01/28/24 | Pending | -- | -- | -- | |
| 12/05/2023 12/05/23 | Price Changed | $1,099,888 | -7.4% | $471 / Sq Ft | |
| 10/24/2023 10/24/23 | For Sale | $1,188,000 | +88.6% | $509 / Sq Ft | |
| 05/30/2017 05/30/17 | Sold | $630,000 | -3.1% | $270 / Sq Ft | View Prior Sale |
| 04/12/2017 04/12/17 | Pending | -- | -- | -- | |
| 01/24/2017 01/24/17 | For Sale | $650,000 | -- | $278 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $10,168 | $1,071,000 | $695,640 | $375,360 |
| 2024 | $10,168 | $716,825 | $448,301 | $268,524 |
| 2023 | $10,003 | $702,770 | $439,511 | $263,259 |
| 2022 | $9,620 | $688,992 | $430,894 | $258,098 |
| 2021 | $9,853 | $675,484 | $422,446 | $253,038 |
| 2020 | $9,561 | $668,559 | $418,115 | $250,444 |
| 2019 | $9,548 | $655,451 | $409,917 | $245,534 |
| 2018 | $9,122 | $642,600 | $401,880 | $240,720 |
| 2016 | $6,115 | $429,947 | $179,880 | $250,067 |
| 2015 | $6,049 | $423,490 | $177,179 | $246,311 |
| 2014 | $5,931 | $415,196 | $173,709 | $241,487 |
Source: Public Records
Agents Affiliated with this Home
-
John Algattas
-
Jasmine Algattas
Seller Co-Listing Agent in 2024
Jasmine Algattas
RE/MAX
(626) 217-5836
1 in this area
59 Total Sales
-
Andy Yu
Buyer's Agent in 2024
Andy Yu
Real Brokerage Technologies
(626) 789-0159
4 in this area
32 Total Sales
-
Steve Walker
S
Seller's Agent in 2017
Steve Walker
ADAK Pacific Realty
(909) 393-3309
4 Total Sales
-
Joanna Cheung
J
Buyer's Agent in 2017
Joanna Cheung
APEX REALTY & MANAGEMENT INC.
(626) 379-2221
11 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV23197417
APN: 8107-020-021
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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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