NOT LISTED FOR SALE

Estimated Value: $1,853,000 - $1,901,903

6 Beds
6 Baths
4,017 Sq Ft
$467/Sq Ft Est. Value

Last Sold August 22, 2014

Last sale price $1,004,000 $250 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $11,684/month

271 Days on Market

Highlights

  • Primary Bedroom Suite
  • 0.44 Acre Lot
  • Wood Flooring
  • El Monte High School Rated A-
  • Contemporary Architecture
  • 3-minute walk to El Monte Heroes Park

About This Home

As of August 2014

BACK ON MARKET!!! Property located in El Monte, centralize to all locations. Supermarket, restaurant, transportation, school and close to Freeway 10, 60 and 605 access. Five units on a huge lot size of 18,988 Sq.Ft. R-3 Zoning. The front unit has 2 bedrooms & 2 baths, (one master bedroom), living room with fireplace, formal dining room, wood floors, granite counter tops, tile floor in the kitchen and bath room, detached 2 car garage, plus a permitted bonus room approx.170 sq.ft, (which is not included in the building square feet). Back units are 2 duplex, each unit has 1 bedroom & 1 bath, in house laundry area, 4 car port parking spaces. Separately metered for electricity and gas. New additional approx. 2 feet height of the brick wall fence on the side yard, renovated cement driveway. The properties are well maintained. Great opportunity to acquire this property with long term tenants on month to month lease.

Last Agent to Sell the Property

Chennei Viengkhou

COLDWELL BANKER DYNASTY/TC License #01187539 Listed on: 06/19/2014

COLDWELL BANKER DYNASTY/TC

Last Buyer's Agent

Guisella Dominguez

West Shores Realty, Inc. License #01074966

West Shores Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,447

Year Built

  • Built in 1959

Lot Details

  • 0.44 Acre Lot
  • No Common Walls
  • Brick Fence
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • 4 Carport Spaces
  • Parking Available
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,017 Sq Ft Home
  • Window Screens
  • Fire and Smoke Detector
  • Gas Cooktop
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Suite
  • 6 Bathrooms

Utilities

  • Central Heating

Listing and Financial Details

  • Tenant pays for gas
  • Tax Lot 9
  • Tax Tract Number 11110
  • Assessor Parcel Number 8581018010

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 5 Units

Amenities

  • Laundry Facilities

Building Details

  • 5 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Trash Expense $1,440
  • Water Sewer Expense $1,560
  • Gross Income $63,480
  • Net Operating Income $58,980

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,447

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Number: 626-228-7823
  • Property Attached: No
  • Security: Smoke Detector(s)
  • Water Sewer Expenses: 1560.00
  • Zoning: EMR3
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 8581018010
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 249.94
  • Room Type: Master Suite
  • Window Features: Screens

Exterior Features

  • Foundation: Slab
  • Fencing: Brick
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Heating Type: Central
  • Laundry Features: Common Area
  • Trash Expense: 1440.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 18988.00
  • Lot Size Acres: 0.4360

Rental Info

  • Tenant Pays: Gas

Multi Family

  • Average1 Bed Area: 685
  • Average2 Bed Area: 1276
  • Gross Income: 63480.00
  • Gross Scheduled Income: 63480.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 18988.0000 Square Feet
  • Net Operating Income: 58980.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 4500.00
  • Rent Control: No
  • Total Actual Rent: 5320.00

Tax Info

  • Tax Lot: 9
  • Tax Tract Number: 11110
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2019
Sold by
Ly Victoria and Chung Serena
Bought by
Chung Serena
Current Estimated Value
$1,877,452

Purchase Details

Closed on
Jul 24, 2017
Sold by
Chan Raymond
Bought by
Ly Victoria and Chung Serena

Purchase Details

Listed on
Jun 19, 2014
Closed on
Aug 18, 2014
Sold by
Lee Kam Wah and Fong Mo Ching
Bought by
Chan Raymond
Seller's Agent
Chennei Viengkhou
COLDWELL BANKER DYNASTY/TC
Buyer's Agent
Guisella Dominguez
West Shores Realty, Inc.
List Price
$999,000
Sold Price
$1,004,000
Premium/Discount to List
$5,000
0.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.83%
Original Mortgage
$489,000
Interest Rate
4.07%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 14, 2006
Sold by
Wong Siu Kwong and Wong Wai Mui Li
Bought by
Lee Kam Wah and Fong Mo Ching

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
6.16%
Mortgage Type
Commercial

Purchase Details

Closed on
May 15, 2002
Sold by
Lo David and Lo Ying Shuan
Bought by
Wong Siu Kwong and Wong Wai Mui Li

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,000
Interest Rate
6.86%
Mortgage Type
Commercial
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
Chung Serena -- Accommodation
Ly Victoria -- Accommodation
Chan Raymond $1,004,000 Fidelity National Title Co
Lee Kam Wah $850,000 Financial Title Company
Wong Siu Kwong $330,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chan Raymond $489,000
Previous Owner Lee Kam Wah $520,000
Previous Owner Wong Siu Kwong $254,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2014 08/22/14 Sold $1,004,000 +0.5% $250 / Sq Ft
07/14/2014 07/14/14 Pending -- -- --
10/16/2013 10/16/13 For Sale $999,000 -- $249 / 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 $17,447 $1,211,782 $848,818 $362,964
2024 $17,447 $1,188,023 $832,175 $355,848
2023 $17,116 $1,164,729 $815,858 $348,871
2022 $16,504 $1,141,892 $799,861 $342,031
2021 $16,713 $1,119,503 $784,178 $335,325
2020 $16,574 $1,108,265 $776,138 $332,127
2019 $16,942 $1,086,540 $760,920 $325,620
2018 $16,667 $1,065,240 $746,000 $319,240
2016 $15,899 $1,019,310 $611,180 $408,130
2015 $15,723 $1,004,000 $602,000 $402,000
2014 $14,446 $934,706 $546,466 $388,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS13211939

California Regional Multiple Listing Service (CRMLS)

APN: 8581-018-010