$590,000
SOLD FEB 24, 2016

3122 Santa Anita Ave Unit A El Monte, CA 91733

Downtown El Monte Neighborhood
6 Beds
4 Baths
2,692 Sq Ft
5,783 Sq Ft Lot

Recently Sold

$219 Per Sq Ft

7% Above List Price

4 Days on Market

About This Home

As of July 2016

Positive net income on this great property located At Santa Anita Ave, City of El Monte. 2 of the units are rented and the other 2 units will be delivered vacant. The units that will remains rented are one 2/1 rented for $900.00 a month and one 1/1 rented for $800.00. Rented units are month to month. It is the understanding of the seller that property is under Los Angeles County rent control ordinance. The units that will be delivered vacant are currently occupied by the seller (one 2/1 and the other 1/1). Don't miss this opportunity, a most see property closed to highways and easy pubic transportation access. Property have commercial washers and dryer machines with separate meter for electric and gas.

Last Agent to Sell the Property

Norman Quintero

Norman A. Quintero, Broker License #01902320 Listed on: 02/06/2016

Last Buyer's Agent

Norman Quintero

Norman A. Quintero, Broker License #01902320 Listed on: 02/06/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,835

Year Built

  • Built in 1953

Lot Details

  • 5,783 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 4 Car Garage

Home Design

  • 2,692 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 98
  • Tax Tract Number 10133
  • Assessor Parcel Number 8580016015

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $100
  • Insurance Expense $100
  • Trash Expense $25
  • Water Sewer Expense $200
  • New Taxes Expense $4,978
  • Operating Expense $10,738
  • Gross Income $6,000
  • Net Operating Income $4,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,835

Year Built

Built in 1953

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Water Sewer Expenses: 200.00
  • Property Type: Residential Income
  • Parcel Number: 8580016015
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 219.17

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 25.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 5783.00
  • Price Per Lot Square Foot: 102.02
  • Lot Size Acres: 0.1330

Multi Family

  • Electric Expense: 100.00
  • Gross Income: 6000.00
  • Gross Scheduled Income: 6000.00
  • Insurance Expense: 100.00
  • Lot Size Area: 5783.0000 Square Feet
  • Net Operating Income: 4100.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 1900.00
  • Rent Control: Yes
  • Total Expenses: 10738.00

Tax Info

  • New Taxes Expense: 4978.00
  • Tax Lot: 98
  • Tax Tract Number: 10133

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2024
Sold by
Quach Chinh Ve and Truong Nga Sieu
Bought by
Quach-Truong Living Trust and Quach
Current Estimated Value
$1,192,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$247,419
Interest Rate
6.89%
Mortgage Type
Credit Line Revolving
Estimated Equity
$944,772

Purchase Details

Listed on
Apr 25, 2016
Closed on
Jun 8, 2016
Sold by
Trac Hung
Bought by
Quach Chinh and Truong Nga S
Seller's Agent
Thon Phan
ADAK Pacific Realty
Buyer's Agent
Thon Phan
ADAK Pacific Realty
List Price
$749,999
Sold Price
$725,000
Premium/Discount to List
-$24,999
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.68%
Original Mortgage
$525,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 6, 2016
Closed on
Feb 18, 2016
Sold by
Moreno Adalberto
Bought by
Trac Hung and Linh Chi Subs Inc
Seller's Agent
Norman Quintero
Norman A. Quintero, Broker
Buyer's Agent
Norman Quintero
Norman A. Quintero, Broker
List Price
$550,000
Sold Price
$590,000
Premium/Discount to List
$40,000
7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
67.38%

Purchase Details

Closed on
Dec 28, 2001
Sold by
Moreno Delmy C and Moreno Maria E
Bought by
Moreno Adalberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
6.87%

Purchase Details

Closed on
Aug 12, 1996
Sold by
Loera Teodoro
Bought by
Moreno Adalberto and Moreno Delmy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,136
Interest Rate
8.23%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 20, 1996
Sold by
Arias Carlos R and Arias Concepcion
Bought by
Loera Teodoro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,136
Interest Rate
8.23%
Mortgage Type
FHA
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 -- Chicago Title
Grant Deed $725,000 Ticor Title
Grant Deed $590,000 None Available
Interfamily Deed Transfer -- Fidelity Title
Grant Deed $263,000 --
Grant Deed $225,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 Credit Line Revolving
Previous Owner $489,000 New Conventional
Previous Owner $525,000 New Conventional
Previous Owner $205,400 New Conventional
Previous Owner $247,500 No Value Available
Previous Owner $13,950 Unknown
Previous Owner $231,136 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2016 07/18/16 Sold $725,000 -3.3% $269 / Sq Ft
05/24/2016 05/24/16 Pending -- -- --
04/25/2016 04/25/16 For Sale $749,999 +27.1% $279 / Sq Ft
02/24/2016 02/24/16 Sold $590,000 +7.3% $219 / Sq Ft
02/10/2016 02/10/16 Pending -- -- --
02/06/2016 02/06/16 For Sale $550,000 -- $204 / 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
2024 $11,835 $824,922 $534,777 $290,145
2023 $11,602 $808,748 $524,292 $284,456
2022 $11,175 $792,891 $514,012 $278,879
2021 $11,320 $777,345 $503,934 $273,411
2019 $11,545 $754,290 $488,988 $265,302
2018 $11,352 $739,500 $479,400 $260,100
2016 $5,039 $303,509 $108,656 $194,853
2015 $4,978 $298,951 $107,024 $191,927
2014 $4,814 $293,096 $104,928 $188,168
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Thon Phan

    ADAK Pacific Realty

    (626) 551-5858

    7 Total Sales

    Thon Phan
    Section Image

  • N

    Seller's Agent in 2016

    Norman Quintero

    Norman A. Quintero, Broker

    (714) 869-0130

    6 Total Sales

    Norman Quintero
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16025809

California Regional Multiple Listing Service (CRMLS)

APN: 8580-016-015

California Los Angeles County El Monte 91731 Downtown El Monte

3122 Santa Anita Ave Unit A, El Monte, CA

This home is located at 3122 Santa Anita Ave Unit A, El Monte, CA 91733 and is currently priced at $590,000, approximately $219 per square foot. This property was built in 1953. 3122 Santa Anita Ave Unit A is a home located in Los Angeles County with nearby schools including New Lexington 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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