NOT LISTED FOR SALE

3138 Mayfair Ave El Monte, CA 91733

Park El Monte Neighborhood

Estimated Value: $908,856 - $1,350,000

8 Beds
5 Baths
3,130 Sq Ft
$361/Sq Ft Est. Value

Last Sold May 10, 2013

Last sale price $725,000 $232 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $7,300/month

151 Days on Market

About This Home

As of May 2013

Great Investment Property!!! It Features 5 Units and It's All Occupied In a Residential Neighborhood. Ez access to Fwy. High Demand Rental Area, Short Distance To School, Markets, and Shopping Center. All Units are Rented. Seller Will Consider All Reasonable Offers.

Last Agent to Sell the Property

Jackie Law

NOBLE NETWORK & INVESTMENT License #01233008 Listed on: 12/21/2012

Last Buyer's Agent

KAM CHAN

IRN REALTY License #00694905

IRN REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,749

Year Built

  • Built in 1964

Lot Details

  • 10,843 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 5 Car Garage

Home Design

  • 3,130 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Utilities

  • Private Water Source

Listing and Financial Details

  • Assessor Parcel Number 8580011019

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 5 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $720
  • Trash Expense $2,400
  • Water Sewer Expense $3,000
  • Gross Income $4,850
  • Net Operating Income $52,080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,749

Year Built

Built in 1964

Lot Details

0

Parking

5

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3000.00
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 8580011019
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 231.63

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 2400.00
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 10843.00
  • Lot Size Acres: 0.2490

Multi Family

  • Gross Income: 4850.00
  • Gross Scheduled Income: 58200.00
  • Lot Size Area: 10843.0000 Square Feet
  • Net Operating Income: 52080.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 6120.00
  • Rent Control: No

Tax Info

  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2012
Closed on
May 1, 2013
Sold by
Cheung Jeffrey
Bought by
Chu Yuan Chao
Seller's Agent
Jackie Law
NOBLE NETWORK & INVESTMENT
Buyer's Agent
KAM CHAN
IRN REALTY
List Price
$738,000
Sold Price
$725,000
Premium/Discount to List
-$13,000
-1.76%
Current Estimated Value
$1,129,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$404,428
Avg. Annual Appreciation
5.96%

Purchase Details

Closed on
Apr 19, 2006
Sold by
Grace Investment Co
Bought by
Cheung Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.55%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 7, 2005
Sold by
Munoz Carlos G and Munoz Maria
Bought by
Grace Investment Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
4.12%
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
Chu Yuan Chao $725,000 Orange Coast Title Company
Chu Yuan Chao -- Accommodation
Cheung Jeffrey -- Southland Title Corporation
Grace Investment Co $650,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cheung Jeffrey $200,000
Previous Owner Grace Investment Co $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2013 05/10/13 Sold $725,000 -1.8% $232 / Sq Ft
04/26/2013 04/26/13 Pending -- -- --
11/26/2012 11/26/12 For Sale $738,000 -- $236 / 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 $13,749 $892,772 $578,764 $314,008
2024 $13,749 $875,267 $567,416 $307,851
2023 $13,489 $858,106 $556,291 $301,815
2022 $13,022 $841,282 $545,384 $295,898
2021 $13,160 $824,788 $534,691 $290,097
2019 $13,389 $801,527 $518,833 $282,694
2018 $13,069 $785,835 $508,660 $277,175
2016 $12,510 $754,168 $488,909 $265,259
2015 $12,361 $742,841 $481,566 $261,275
2014 $11,912 $728,290 $472,133 $256,157
Source: Public Records

Agents Affiliated with this Home

  • Jackie Law

    Seller's Agent in 2013

    Jackie Law

    NOBLE NETWORK & INVESTMENT

    (626) 353-0811

    2 in this area

    20 Total Sales

    Jackie Law
    Section Image

  • K

    Buyer's Agent in 2013

    KAM CHAN

    IRN REALTY

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS12144457

California Regional Multiple Listing Service (CRMLS)

APN: 8580-011-019

California Los Angeles County El Monte 91733 Park El Monte

3138 Mayfair Ave, El Monte, CA

This home is located at 3138 Mayfair Ave, El Monte, CA 91733 since 21 December 2012 and is currently estimated at $1,129,428, approximately $360 per square foot. This property was built in 1964. 3138 Mayfair Ave 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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