NOT LISTED FOR SALE

2739 Chico Ave South El Monte, CA 91733

Estimated Value: $894,000 - $1,003,319

6 Beds
3 Baths
1,792 Sq Ft
$520/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $750,000 $419 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,871/month

201 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Wall Furnace
  • Double Pane Windows
  • Paved or Partially Paved Lot

About This Home

As of August 2021

Excellent investment opportunity in South El Monte. 3 detached Units featuring 2 bedroom/1bath in each Unit, approximately 1,792 square feet of living space and 7,085 square feet lot size. This property has a large driveway with an iron fence. The property is in a highly desirable area in South El Monte borderline with Rosemead and San Gabriel. Property offers growth and stability for any type of investor. Near 10 Fwy and 605 Fwy, Schools, Rio Hondo College, Shopping Centers, Markets, Restaurants. Title shows duplex. There is an unpermitted addition. Great opportunity for investors, or live in one and rent the other two units. Do not miss this great opportunity! PLEASE DO NOT DISTURB OCCUPANTS!

Last Agent to Sell the Property

Victoria Andocilla

VIP Loans and Real Estate License #01488574 Listed on: 10/13/2020

Co-Listed By

BORIS ANDOCILLA

VIP Loans and Real Estate License #01961963

Last Buyer's Agent

Kenny Lee

Pinnacle Real Estate Group License #02000221

Pinnacle Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,981

Year Built

  • Built in 1940

Lot Details

  • 7,085 Sq Ft Lot
  • No Common Walls
  • Rural Setting
  • Paved or Partially Paved Lot

Home Design

  • Triplex

Interior Spaces

  • 1,792 Sq Ft Home
  • Double Pane Windows

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Parking Available
  • Driveway
  • Paved Parking

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV
  • Legal Lot and Block 1 / A
  • Tax Tract Number 11814
  • Assessor Parcel Number 8102031004

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $135
  • Insurance Expense $100
  • Water Sewer Expense $79
  • New Taxes Expense $500
  • Operating Expense $814
  • Gross Income $3,400
  • Net Operating Income $2,586

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,981

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 79.00
  • Zoning: SEM*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 8102031004
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 418.53
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Paved
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside, Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Paved
  • Lot Size Sq Ft: 7085.00
  • Lot Size Acres: 0.1626

Rental Info

  • Tenant Pays: Cable TV

Multi Family

  • Electric Expense: 135.00
  • Gross Income: 3400.00
  • Gross Scheduled Income: 3400.00
  • Insurance Expense: 100.00
  • Lot Size Area: 7085.0000 Square Feet
  • Net Operating Income: 2586.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 814.00
  • Rent Control: No
  • Total Actual Rent: 3400.00
  • Total Expenses: 814.00

Tax Info

  • New Taxes Expense: 500.00
  • Tax Block: A
  • Tax Census Tract: 4335.01
  • Tax Lot: 1
  • Tax Tract Number: 11814

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2024
Sold by
Yan Chunsheng
Bought by
Yan Guicai and Pan Cuixia
Current Estimated Value
$932,080

Purchase Details

Closed on
May 26, 2021
Sold by
Mayora Angel Garcia
Bought by
Yan Guicai and Pan Cuixia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2007
Sold by
Pacheco Annette
Bought by
Mayoral Angel Garcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 2005
Sold by
Truong Tram Sanh Kien and Truong Tram Hue
Bought by
Pacheco Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Yan Guicai -- None Listed On Document
Yan Guicai $750,000 First American Title Company
Mayoral Angel Garcia $510,000 Chicago Title Co
Pacheco Annette $420,000 Alliance Title Resale
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yan Guicai $562,500
Previous Owner Mayoral Angel Garcia $408,000
Previous Owner Pacheco Annette $336,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2021 08/06/21 Sold $750,000 0.0% $419 / Sq Ft
05/12/2021 05/12/21 Off Market $750,000 -- --
05/02/2021 05/02/21 Pending -- -- --
02/23/2021 02/23/21 For Sale $750,000 0.0% $419 / Sq Ft
02/05/2021 02/05/21 Off Market $750,000 -- --
01/27/2021 01/27/21 Pending -- -- --
12/23/2020 12/23/20 Price Changed $750,000 -2.5% $419 / Sq Ft
11/18/2020 11/18/20 Price Changed $768,888 -1.3% $429 / Sq Ft
10/13/2020 10/13/20 For Sale $778,888 -- $435 / 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 $9,981 $807,470 $558,379 $249,091
2024 $9,981 $780,300 $556,614 $223,686
2023 $9,715 $765,000 $545,700 $219,300
2022 $9,599 $750,000 $535,000 $215,000
2021 $8,844 $688,632 $495,098 $193,534
2020 $8,824 $681,572 $490,022 $191,550
2019 $9,073 $668,209 $480,414 $187,795
2018 $8,416 $620,000 $445,800 $174,200
2016 $6,020 $435,000 $334,600 $100,400
2015 $5,593 $400,000 $307,700 $92,300
2014 $5,465 $400,000 $307,700 $92,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20215571

California Regional Multiple Listing Service (CRMLS)

APN: 8102-031-004