$1,013,000
SOLD AUG 6, 2025
6 Beds
3 Baths
2,500 Sq Ft
0.44 Acres

Recently Sold

$405 Per Sq Ft

8% Above List Price

11 Days on Market

Highlights

  • 0.44 Acre Lot
  • Laundry Room
  • 1-Story Property
  • No HOA

About This Home

As of August 2025

Duplex! First time on the market in 40+ years! Discover an exceptional investment opportunity at 2843 Parkway Drive, a spacious duplex nestled in the heart of El Monte! This unique property spans 2,500 sqft, featuring two units: Front one with 3 bedrooms and 1 bath, and back house with 3 bedrooms and 2 baths (permitted as a 1 bed 1 bathroom), both will deliver vacant for immediate customization or occupancy. Sitting on an expansive 19,359 sqft lot, this property is a developer’s dream, offering endless possibilities for expansion and rental income. Perfect for investors or owner-occupants seeking a versatile project, the vast lot provides ample space for creative additions, from extra units to lush outdoor spaces. Ideally located with easy access to the 605, 10, and 60 freeways, this prime El Monte gem combines convenience with unmatched potential. Local schools and parks are also located within walking distance. Public transportation is accessible by Metrolink, Trolly, or City bus allowing for easy commutes. Don’t miss your chance to transform this spacious property into a lucrative masterpiece!

Last Agent to Sell the Property

David Harris

CENTURY 21 MASTERS Brokerage Phone: 323-621-0732 License #02243174 Listed on: 07/06/2025

Co-Listed By

Grace Lee

Century 21 Masters Brokerage Phone: 323-621-0732 License #01999451

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,595

Year Built

  • Built in 1943

Lot Details

  • 0.44 Acre Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 2,500 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 4 / A
  • Tax Tract Number 10934
  • Assessor Parcel Number 8109009006
  • $804 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,595

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Assessments: No
  • Price Per Unit: 469500
  • Property Attached: No
  • View: No
  • Zoning: EMR1BY
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 8109009006
  • Year Built: 1943
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: Driveway
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 405.20
  • Room Type: Primary Bathroom, Primary Bedroom

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, 2-5 Units/Acre, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 19359.00
  • Lot Size Acres: 0.4444
  • Latitude Manual: 34.05362800

Multi Family

  • Lot Size Area: 19359.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Block: A
  • Tax Census Tract: 4340.01
  • Tax Lot: 4
  • Tax Tract Number: 10934
  • TaxOtherAnnualAssessmentAmount: 804.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2025
Closed on
Aug 1, 2025
Sold by
Diaz Family Trust and Diaz Nora B
Bought by
Zhu Hongwei and Feng Yuanbo
Seller's Agent
David Harris
CENTURY 21 MASTERS
List Price
$939,000
Sold Price
$1,013,000
Premium/Discount to List
$74,000
7.88%
Views
88

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-59.75%
Original Mortgage
$450,000
Outstanding Balance
$450,000
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$474,889

Purchase Details

Closed on
Jan 15, 2015
Sold by
Diaz Nora B
Bought by
Diaz Family Trust

Purchase Details

Closed on
Dec 7, 2000
Sold by
Diaz Louis R
Bought by
Diaz Nora B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,000
Interest Rate
7.41%
Mortgage Type
Stand Alone Second
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 Type Sale Price Title Company
Grant Deed $1,013,000 Ticor Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $450,000 New Conventional
Previous Owner $500,000 Negative Amortization
Previous Owner $110,000 Credit Line Revolving
Previous Owner $353,600 Unknown
Previous Owner $45,000 Credit Line Revolving
Previous Owner $249,000 Unknown
Previous Owner $170,000 Unknown
Previous Owner $136,000 Unknown
Previous Owner $33,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2025 08/06/25 Sold $1,013,000 +7.9% $405 / Sq Ft
07/17/2025 07/17/25 Pending -- -- --
07/06/2025 07/06/25 For Sale $939,000 -- $376 / 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 $3,595 $188,633 $84,281 $104,352
2024 $3,595 $184,935 $82,629 $102,306
2023 $3,084 $181,309 $81,009 $100,300
2022 $2,980 $177,755 $79,421 $98,334
2021 $3,025 $174,270 $77,864 $96,406
2020 $3,246 $172,484 $77,066 $95,418
2019 $2,943 $169,103 $75,555 $93,548
2018 $3,615 $165,788 $74,074 $91,714
2016 $3,333 $159,352 $71,199 $88,153
2015 $3,259 $156,959 $70,130 $86,829
2014 $3,252 $153,886 $68,757 $85,129
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB25151122

California Regional Multiple Listing Service (CRMLS)

APN: 8109-009-006