NOT LISTED FOR SALE

2735 Central Ave El Monte, CA 91733

Park El Monte Neighborhood

Estimated Value: $739,000 - $842,000

0.3 Acre
$2,627,450 Price per Acre
12,981 Sq Ft Lot

Last Sold December 27, 2019

Last sale price $545,000 $768 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,977/month

101 Days on Market

Highlights

  • No HOA
  • El Monte High School Rated A-
  • Level Lot

About This Lot

As of December 2019

Rare to find great commercial property develop opportunity of Garvey Ave in San Gabriel Valley*****Located on a convenient shopping area, in the center of Asian community cities*****Easy access to highway I-10, 60 and 605*****ONE HOUSE ON THE LOT HAS 3 Bedrooms & 1 Bath (APPROX. 1,300 SF,TITLE RECORD 710 SF), plus a patio converted as 4th bedroom.*****POTENTIAL DEVELOPMENT on a flat rectangular LOT SIZE 65'X200', total 13,000 square feet****House to be sold mainly on land lot value***** Zoning has been changed by city to be Mixed-Multiuse, preferred C0, C1, C2 such as office building, medical building, stores with limited storage space; Automobile parking lots, surface; bakery shops, care facilities, restaurants, etc, please verify with city for future development**** link to details of city use permitted will be provided upon request.*****City won't allow any addition to this property for residential use for this land lot only unless the neighbor property acquired and to be used together.***** Land lot located at the southwestern corner of Garvey Ave and Central Ave. The 3rd lot south of Garvey Ave, on Central Ave.

Last Agent to Sell the Property

Frank Chen

ReMax 2000 Realty License #01408328 Listed on: 09/01/2019

Last Buyer's Agent

Frank Chen

ReMax 2000 Realty License #01408328 Listed on: 09/01/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,534

Lot Details

  • 0.3 Acre Lot
  • Level Lot
  • Value in Land
  • Property is zoned MMU

Utilities

  • Private Sewer

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 621
  • Assessor Parcel Number 8103031017

Community Details

Overview

  • No Home Owners Association

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Est. Annual Taxes

$8,534

Lot Details

0

Listing Details

  • Road Frontage Type: City Street
  • View: No
  • Zoning: MMU
  • Property Type: Land
  • Parcel Number: 8103031017
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 41.98

Utilities

  • Sewer: Private Sewer
  • 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: Level with Street, Lot 10000-19999 Sqft, Value In Land
  • Lot Size Sq Ft: 12983.00
  • Lot Size Acres: 0.2980

Multi Family

  • Lot Size Area: 12983.0000 Square Feet

Tax Info

  • Tax Census Tract: 4335.04
  • Tax Lot: 3
  • Tax Tract Number: 621

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2019
Closed on
Nov 20, 2019
Sold by
Lai Brian and Lai Tammy Huynh
Bought by
Thai David and Tran Lynn
Seller's Agent
Frank Chen
ReMax 2000 Realty
Buyer's Agent
Frank Chen
ReMax 2000 Realty
List Price
$560,000
Sold Price
$545,000
Premium/Discount to List
-$15,000
-2.68%
Current Estimated Value
$782,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,980
Avg. Annual Appreciation
6.71%
Original Mortgage
$272,500
Outstanding Balance
$241,228
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$546,483

Purchase Details

Closed on
Nov 6, 2008
Sold by
Lai Brian
Bought by
Lai Brian and Lai Tammy Huynh

Purchase Details

Closed on
Sep 1, 2005
Sold by
Xie Jing Lin
Bought by
Lai Brian and Lai Tammy Huynh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.76%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 9, 2001
Sold by
Peng Vincent J
Bought by
Xie Jing Lin and Xie Ping Li

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
6.91%

Purchase Details

Closed on
Apr 11, 2000
Sold by
Peng Cindy Wu
Bought by
Peng Vincent J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,600
Interest Rate
8.24%

Purchase Details

Closed on
Mar 16, 2000
Sold by
Campos Trinidad
Bought by
Peng Vincent J and Hsieh Yu Che

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,600
Interest Rate
8.24%
Source: Public Records

Range of Values:

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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
Thai David $545,000 First American Title Company
Lai Brian -- None Available
Lai Brian $510,000 Southland Title Company
Xie Jing Lin $142,000 Stewart Title
Peng Vincent J -- --
Peng Vincent J $142,000 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thai David $272,500
Previous Owner Lai Brian $233,375
Previous Owner Lai Brian $350,000
Previous Owner Xie Jing Lin $160,000
Previous Owner Xie Jing Lin $113,000
Previous Owner Peng Vincent J $113,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2019 12/27/19 Sold $545,000 0.0% $768 / Sq Ft
12/27/2019 12/27/19 Sold $545,000 -0.9% $419 / Sq Ft
12/11/2019 12/11/19 Pending -- -- --
11/18/2019 11/18/19 Pending -- -- --
11/07/2019 11/07/19 Price Changed $550,000 0.0% $775 / Sq Ft
11/07/2019 11/07/19 Price Changed $550,000 -1.8% $423 / Sq Ft
09/01/2019 09/01/19 For Sale $560,000 0.0% $789 / Sq Ft
05/03/2019 05/03/19 For Sale $560,000 0.0% $431 / Sq Ft
12/07/2018 12/07/18 Pending -- -- --
11/07/2018 11/07/18 For Sale $560,000 -- $431 / 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 $8,534 $620,928 $476,827 $144,101
2024 $8,534 $608,754 $467,478 $141,276
2023 $8,365 $596,818 $458,312 $138,506
2022 $7,754 $561,657 $449,326 $112,331
2021 $7,844 $550,645 $440,516 $110,129
2019 $7,514 $499,000 $399,000 $100,000
2018 $6,218 $410,000 $328,000 $82,000
2016 $5,834 $384,000 $306,200 $77,800
2015 $4,956 $321,000 $256,000 $65,000
2014 $4,606 $303,000 $242,000 $61,000
Source: Public Records

Agents Affiliated with this Home

  • Frank Chen

    Seller's Agent in 2019

    Frank Chen

    RE/MAX

    (626) 826-9280

    17 Total Sales

    Frank Chen
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR19209896

California Regional Multiple Listing Service (CRMLS)

APN: 8103-031-017

California Los Angeles County El Monte 91733 Park El Monte

2735 Central Ave, El Monte, CA

This home is located at 2735 Central Ave, El Monte, CA 91733 since 01 September 2019 and is currently estimated at $782,980, approximately $1,102 per square foot. 2735 Central Ave is a home located in Los Angeles County with nearby schools including Wilkerson Elementary School, Columbia School, and El Monte High 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

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