NOT LISTED FOR SALE

Estimated Value: $936,000 - $1,141,412

5 Beds
3 Baths
1,936 Sq Ft
$525/Sq Ft Est. Value

Last Sold July 10, 2019

Last sale price $745,000 $385 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $6,483/month

9 Days on Market

About This Home

As of July 2019

GREAT INVESTMENT PROPERTY! This property has a total of 3 units! The front unit has a total of three bedrooms and the two back units are one bedroom plus one bathroom each! The property is currently collecting $4500 in rents!! These are outstanding rents! This is perfect for anyone looking to receive amazing monthly income! Each unit also has their own laundry area!This property is minutes away from major shopping centers, freeways, and public schools! One of El Monte's prime areas! Please submit an offer as soon as possible! This property will not last!!

Last Agent to Sell the Property

Alberto Sanchez

Century 21 A Better Service License #02028262 Listed on: 05/13/2019

Century 21 A Better Service

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,286

Year Built

  • Built in 1954

Lot Details

  • 8,335 Sq Ft Lot
  • No Common Walls

Home Design

  • 1,936 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 13187
  • Assessor Parcel Number 8565014010

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Trash Expense $33
  • Water Sewer Expense $75
  • Operating Expense $108
  • Gross Income $54,000
  • Net Operating Income $52,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,286

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 75.00
  • Zoning: EMR3YY
  • Property Type: Residential Income
  • Parcel Number: 8565014010
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 384.81

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 33.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 8335.00
  • Lot Size Acres: 0.1913

Multi Family

  • Gross Income: 54000.00
  • Gross Scheduled Income: 54000.00
  • Lot Size Area: 8335.0000 Square Feet
  • Net Operating Income: 52700.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 1300.00
  • Rent Control: No
  • Total Expenses: 108.00

Tax Info

  • Tax Census Tract: 4334.03
  • Tax Lot: 9
  • Tax Tract Number: 13187

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2019
Closed on
May 28, 2019
Sold by
Piedrahita Helena and Piedrahita Family Trust
Bought by
Su Wei Zhen and Tan Qing Song
Seller's Agent
Alberto Sanchez
Century 21 A Better Service
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$739,000
Sold Price
$745,000
Premium/Discount to List
$6,000
0.81%
Current Estimated Value
$1,017,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,103
Avg. Annual Appreciation
5.04%
Original Mortgage
$455,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 4, 1999
Sold by
Piedrahita Helena Tr Piedrahita Trust
Bought by
Piedrahita Helena and Piedrahita Family Trust
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
Su Wei Zhen $745,000 Lawyers Title
Piedrahita Helena -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Su Wei Zhen $455,000
Closed Su Wei Zhen $440,000
Closed Su Wei Zhen $455,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2019 07/10/19 Sold $745,000 +0.8% $385 / Sq Ft
05/22/2019 05/22/19 Pending -- -- --
05/13/2019 05/13/19 For Sale $739,000 -- $382 / 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 $11,286 $814,761 $602,596 $212,165
2024 $11,286 $798,786 $590,781 $208,005
2023 $11,103 $783,125 $579,198 $203,927
2022 $10,676 $767,771 $567,842 $199,929
2021 $10,946 $752,717 $556,708 $196,009
2020 $10,619 $745,000 $551,000 $194,000
2019 $2,572 $130,916 $39,161 $91,755
2018 $2,407 $128,350 $38,394 $89,956
2016 $2,231 $123,368 $36,904 $86,464
2015 $2,205 $121,516 $36,350 $85,166
2014 $2,183 $119,136 $35,638 $83,498
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19111533

California Regional Multiple Listing Service (CRMLS)

APN: 8565-014-010