NOT LISTED FOR SALE

2675 Gage Ave El Monte, CA 91733

Mountain View Neighborhood

Estimated Value: $570,000 - $792,000

8 Beds
4 Baths
3,440 Sq Ft
$191/Sq Ft Est. Value

Last Sold March 23, 2012

Last sale price $618,000 $180 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,803/month

41 Days on Market

About This Home

As of March 2012

Wow,4 very well kept separate houses on a lot!!! Each has their own WATER, electric, and gas meters! Ample parking, Great location, near all amenities and freeways! Great for Investors. Tenants love living at the units. Rents are 4400/month or 52,800/annually!!! If you invest 20% (120k) your payment is 2,500 a month (p/i)!

Last Agent to Sell the Property

Mario Espinoza

ReMax College Park Realty License #01169090 Listed on: 01/31/2012

ReMax College Park Realty

Last Buyer's Agent

Philip Phan

KO TAI REALTY License #00929601

KO TAI REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 7,946

Parking

  • 4 Parking Spaces

Home Design

  • 3,440 Sq Ft Home
  • Stucco

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • 7,946 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tax Block A
  • Tax Tract Number 10811
  • Assessor Parcel Number 8104014038

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gardener Expense $45
  • Gross Income $4,400
  • Net Operating Income $5,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 0.82
  • View: No
  • Property Type: Residential Income
  • Gardener Expense: 45.00
  • Parcel Number: 8104014038
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: Yes
  • Price Per Square Foot: 179.65

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 7946.00
  • Lot Size Acres: 0.1820

Multi Family

  • Gross Income: 4400.00
  • Gross Multiplier: 119.23
  • Gross Scheduled Income: 5200.00
  • Lot Size Area: 7946.0000 Square Feet
  • Net Operating Income: 5100.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 100.00

Tax Info

  • Tax Area: 6549
  • Tax Block: A
  • Tax Lot: 0.
  • Tax Tract Number: 10811

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2008
Sold by
Dong Yuan Zhou
Bought by
Dong Yuan Zhou
Current Estimated Value
$657,767

Purchase Details

Closed on
Feb 7, 2007
Sold by
Perez Ligia Guevara
Bought by
Bank Of New York

Purchase Details

Closed on
Nov 22, 2005
Sold by
Perez Jose
Bought by
Perez Ligia Guevara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,220
Interest Rate
6.14%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 16, 2005
Sold by
Rodriguez Michael
Bought by
Perez Ligia Guevara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,220
Interest Rate
6.14%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 25, 2003
Sold by
Pena Jose Luis
Bought by
Rodriguez Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,110
Interest Rate
5.26%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 12, 1999
Sold by
Pena Guillermina
Bought by
Pena Jose Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,339
Interest Rate
7.7%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 18, 1999
Sold by
Daniels Steven L
Bought by
Pena Jose Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,339
Interest Rate
7.7%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
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
Dong Yuan Zhou -- Landsafe Title Company
Bank Of New York $327,365 Landsafe Title
Perez Ligia Guevara -- First American Title
Perez Ligia Guevara $381,500 First American Title
Rodriguez Michael $187,000 Stewart Title Of Ca Inc
Pena Jose Luis -- --
Pena Jose Luis $103,000 Benefit Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perez Ligia Guevara $76,220
Previous Owner Perez Ligia Guevara $304,880
Previous Owner Rodriguez Michael $184,110
Previous Owner Pena Jose Luis $102,339
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2012 03/23/12 Sold $618,000 +3.2% $180 / Sq Ft
03/12/2012 03/12/12 Pending -- -- --
01/31/2012 01/31/12 For Sale $599,000 -- $174 / 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 $4,366 $302,089 $262,693 $39,396
2024 $4,366 $296,167 $257,543 $38,624
2023 $4,295 $290,361 $252,494 $37,867
2022 $4,133 $284,669 $247,544 $37,125
2021 $4,230 $279,089 $242,691 $36,398
2020 $4,108 $276,228 $240,203 $36,025
2019 $4,108 $270,813 $235,494 $35,319
2018 $3,910 $265,504 $230,877 $34,627
2016 $3,610 $255,196 $221,912 $33,284
2015 $3,571 $251,364 $218,579 $32,785
2014 $3,499 $246,441 $214,298 $32,143
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Mario Espinoza

    RE/MAX

    Section Image

  • P

    Buyer's Agent in 2012

    Philip Phan

    KO TAI REALTY

    (626) 864-3690

    7 Total Sales

    Philip Phan
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: Y1200603

California Regional Multiple Listing Service (CRMLS)

APN: 8104-014-036

California Los Angeles County El Monte 91733 Mountain View

2675 Gage Ave, El Monte, CA

Not Listed for Sale

MultiFamily

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