NOT LISTED FOR SALE

2717 Cogswell Rd El Monte, CA 91732

Mountain View Neighborhood

Estimated Value: $1,866,000 - $2,329,701

12 Beds
7 Baths
4,394 Sq Ft
$477/Sq Ft Est. Value

Last Sold March 08, 2016

Last sale price $1,180,000 $269 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $13,571/month

20 Days on Market

Highlights

  • 0.47 Acre Lot
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

About This Home

As of March 2016

Very nice area. Property is in very good condition with lots of parking on a 20,000+ sqoare foot lot. Very close to Garvey and Valley. Some units have their own garages with plenty of parking spaces. Property has 7 units but only 6 show on the profile.(buyer to verify). The back units has a very nice landscaped yard. Security gate in front operated by remote contol.

Last Agent to Sell the Property

GARY KARASAWA

Mark III Properties License #00572414 Listed on: 12/02/2015

Last Buyer's Agent

GARY KARASAWA

Mark III Properties License #00572414 Listed on: 12/02/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 0.47 Acre Lot
  • 1 Common Wall

Parking

  • 4 Car Garage

Home Design

  • 4,394 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 7 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 12509
  • Assessor Parcel Number 8106023003

Community Details

Overview

  • 4 Buildings
  • 7 Units

Building Details

  • 7 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,500
  • Trash Expense $1,740
  • Water Sewer Expense $2,076
  • New Taxes Expense $13,750
  • Gross Income $7,500
  • Net Operating Income $7,182

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2076.00
  • Property Type: Residential Income
  • Parcel Number: 8106023003
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 268.55

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Trash Expense: 1740.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 20334.00
  • Price Per Lot Square Foot: 58.03
  • Lot Size Acres: 0.4670

Multi Family

  • Gross Income: 7500.00
  • Gross Scheduled Income: 70800.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 20334.0000 Square Feet
  • Net Operating Income: 7182.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 7
  • Operating Expense: 318.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 13750.00
  • Tax Lot: 14
  • Tax Tract Number: 12509

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 14, 2020
Sold by
Lam Ken and Chen Tanya Hang
Bought by
Lam Ken and Chen Tanya Hang
Current Estimated Value
$2,163,587

Purchase Details

Listed on
Dec 2, 2015
Closed on
Feb 29, 2016
Sold by
Hoong Mei
Bought by
Hang Jimmy
Seller's Agent
GARY KARASAWA
Mark III Properties
Buyer's Agent
GARY KARASAWA
Mark III Properties
List Price
$1,280,000
Sold Price
$1,180,000
Premium/Discount to List
-$100,000
-7.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.02%
Original Mortgage
$795,000
Outstanding Balance
$630,864
Interest Rate
3.81%
Mortgage Type
Commercial
Estimated Equity
$1,466,987

Purchase Details

Listed on
Dec 2, 2015
Closed on
Feb 24, 2016
Sold by
Lam Ken
Bought by
Chen Tanya Hang
Seller's Agent
GARY KARASAWA
Mark III Properties
Buyer's Agent
GARY KARASAWA
Mark III Properties
List Price
$1,280,000
Sold Price
$1,180,000
Premium/Discount to List
-$100,000
-7.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$795,000
Outstanding Balance
$630,864
Interest Rate
3.81%
Mortgage Type
Commercial
Estimated Equity
$1,466,987

Purchase Details

Closed on
May 29, 1998
Sold by
Volkenburg Trust Van Volkenburg Alicia Tr Ali
Bought by
Ng Sou Wa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
6.9%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Lam Ken -- None Available
Hang Jimmy -- Title365
Chen Tanya Hang $1,180,000 Title 365
Chen Tanya Hang -- Title 365
Ng Sou Wa $288,000 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Tanya Hang $795,000
Previous Owner Ng Sou Wa $178,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2016 03/08/16 Sold $1,180,000 -7.8% $269 / Sq Ft
12/22/2015 12/22/15 Pending -- -- --
12/02/2015 12/02/15 For Sale $1,280,000 -- $291 / 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 $27,223 $1,948,375 $1,330,308 $618,067
2024 $27,223 $1,910,173 $1,304,224 $605,949
2023 $26,794 $1,872,719 $1,278,651 $594,068
2022 $25,780 $1,836,000 $1,253,580 $582,420
2021 $19,593 $1,290,498 $838,824 $451,674
2020 $19,032 $1,277,266 $830,223 $447,043
2019 $19,010 $1,252,223 $813,945 $438,278
2018 $18,046 $1,227,671 $797,986 $429,685
2016 $6,426 $375,017 $132,426 $242,591
2015 $6,358 $369,385 $130,437 $238,948
2014 $6,277 $362,150 $127,882 $234,268
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2016

    GARY KARASAWA

    Mark III Properties

    (626) 287-3348

    65 Total Sales

    GARY KARASAWA
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS15255739

California Regional Multiple Listing Service (CRMLS)

APN: 8106-023-003

California Los Angeles County El Monte 91732 Mountain View

2717 Cogswell Rd, El Monte, CA

Not Listed for Sale

MultiFamily

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