NOT LISTED FOR SALE

2651 Nevada Ave El Monte, CA 91733

Mountain View Neighborhood

Estimated Value: $801,000 - $948,000

4 Beds
3 Baths
1,447 Sq Ft
$615/Sq Ft Est. Value

Last Sold April 08, 2021

Last sale price $703,000 $486 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $5,734/month

12 Days on Market

About This Home

As of April 2021

Excellent investment opportunity with huge upside potential. The possibilities are endless. This wonderful property consists of 3 units on a large 9,448 square foot lot. The beautiful front detached house has 2 bedrooms, 1 bathroom, and basement. The charming rear building consists of 2 units each with 1 bedroom and 1 bathroom. This property is unique in that it features 2 driveways with plenty of parking and spacious yards for each unit . All 3 units have separate electric and gas meters. Don't let this amazing opportunity pass you by. Do not enter premises. Beware of dog.

Last Agent to Sell the Property

Graham Hang

Real Estates Unlimited License #01898916 Listed on: 02/24/2021

Last Buyer's Agent

Gloria Chu

IRN REALTY License #01780122

IRN REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,632

Year Built

  • Built in 1950

Lot Details

  • 9,437 Sq Ft Lot
  • 1 Common Wall

Parking

  • 3 Car Garage
  • 3 Carport Spaces

Home Design

  • 1,447 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Laundry in Kitchen

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 8104003016

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $500
  • Trash Expense $1,200
  • Water Sewer Expense $1,200
  • New Taxes Expense $10,022
  • Operating Expense $12,922
  • Gross Income $42,480
  • Net Operating Income $29,558

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,632

Year Built

Built in 1950

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1200.00
  • Zoning: EMR3YY
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 8104003016
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 485.83

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 3.00
  • Garage Spaces: 3.00
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Kitchen, Outside
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 9437.00
  • Lot Size Acres: 0.2166

Multi Family

  • Gross Income: 42480.00
  • Gross Scheduled Income: 42480.00
  • Insurance Expense: 500.00
  • Lot Size Area: 9437.0000 Square Feet
  • Net Operating Income: 29558.00
  • 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: 12922.00
  • Rent Control: Yes
  • Total Expenses: 12922.00

Tax Info

  • New Taxes Expense: 10022.00
  • Tax Census Tract: 4334.02
  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2021
Closed on
Apr 6, 2021
Sold by
Boyle Jeffrey M
Bought by
Cloverland Investment Inc
Seller's Agent
Graham Hang
Real Estates Unlimited
Buyer's Agent
Gloria Chu
IRN REALTY
List Price
$718,000
Sold Price
$703,000
Premium/Discount to List
-$15,000
-2.09%
Current Estimated Value
$889,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,920
Avg. Annual Appreciation
5.32%

Purchase Details

Closed on
Mar 18, 2008
Sold by
Nguyen Tom H
Bought by
Boyle Jeffrey M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 14, 2008
Sold by
Hang Judy
Bought by
Nguyen Tom H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
6.07%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 27, 2007
Sold by
Us Bank Na
Bought by
Nguyen Tom H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
6.07%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 2, 2007
Sold by
Lopez Hugo
Bought by
Us Bank Na

Purchase Details

Closed on
Aug 7, 2006
Sold by
Rodriguez Dionicio Amaya
Bought by
Lopez Hugo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Interest Rate
8.25%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 30, 2005
Sold by
Tang Kevin Vang and Tang Lakhena
Bought by
Rodriguez Dionicio Amaya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 14, 2003
Sold by
Tang Kevin Vang
Bought by
Tang Kevin Vang and Tang Lakhena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2001
Sold by
Gee Ko Min Shang and Gee Ko Cindy Wing
Bought by
Tang Kevin Vang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
7.1%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cloverland Investment Inc $703,000 Provident Title Company
Boyle Jeffrey M -- Equity Title
Boyle Jeffrey M -- Equity Title Company
Nguyen Tom H -- Equity Title Company
Nguyen Tom H -- Equity Title Company
Us Bank Na $574,692 None Available
Lopez Hugo $670,000 California Title Co
Rodriguez Dionicio Amaya $580,000 California Title Company
Tang Kevin Vang -- Stewart Title Of Ca Inc
Tang Kevin Vang $215,000 Investors Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cloverland Investment Inc $700,000
Previous Owner Boyle Jeffrey M $362,150
Previous Owner Boyle Jeffrey M $516,000
Previous Owner Nguyen Tom H $345,000
Previous Owner Nguyen Tom H $345,000
Previous Owner Lopez Hugo $536,000
Previous Owner Rodriguez Dionicio Amaya $464,000
Previous Owner Tang Kevin Vang $285,000
Previous Owner Tang Kevin Vang $191,000
Previous Owner Tang Kevin Vang $193,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2021 04/08/21 Sold $703,000 -2.1% $486 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
02/24/2021 02/24/21 For Sale $718,000 -- $496 / 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 $10,632 $760,947 $580,183 $180,764
2024 $10,632 $746,027 $568,807 $177,220
2023 $10,460 $731,400 $557,654 $173,746
2022 $10,061 $717,060 $546,720 $170,340
2021 $8,514 $569,000 $352,900 $216,100
2020 $8,738 $651,000 $403,700 $247,300
2019 $9,086 $614,000 $380,800 $233,200
2018 $9,418 $660,000 $409,300 $250,700
2016 $5,697 $398,000 $189,500 $208,500
2015 $7,479 $537,000 $255,700 $281,300
2014 $6,853 $489,000 $232,800 $256,200
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2021

    Graham Hang

    Real Estates Unlimited

    Section Image

  • G

    Buyer's Agent in 2021

    Gloria Chu

    IRN REALTY

    (626) 447-9521

    4 in this area

    35 Total Sales

    Gloria Chu
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR21039017

California Regional Multiple Listing Service (CRMLS)

APN: 8104-003-016

California Los Angeles County El Monte 91733 Mountain View

2651 Nevada Ave, El Monte, CA

This home is located at 2651 Nevada Ave, El Monte, CA 91733 since 24 February 2021 and is currently estimated at $889,920, approximately $615 per square foot. This property was built in 1950. 2651 Nevada Ave is a home located in Los Angeles County with nearby schools including Baker Elementary, El Monte High School, and New Life Christian School.

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

Nearby Homes