$955,000
SOLD DEC 17, 2024
8 Beds
5 Baths
2,994 Sq Ft
7,307 Sq Ft Lot

Recently Sold

$319 Per Sq Ft

6% Above List Price

59 Days on Market

Highlights

  • Laundry Room
  • El Monte High School Rated A-
  • Back and Front Yard

About This Home

As of December 2024

Duplex! Front unit is 6 beds 3 baths. Rear unit 2 beds and 2 baths. Each unit has thier gas and electral meter, one water meter for both houses.

Last Agent to Sell the Property

Gustavo Mendoza

Gustavo Mendoza, Broker Brokerage Phone: 626-592-4088 License #01764376 Listed on: 10/04/2024

Last Buyer's Agent

Christine Nguyen

MILLENNIUM REALTY License #01068877

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,937

Year Built

  • Built in 1939

Lot Details

  • 7,307 Sq Ft Lot
  • No Common Walls
  • Back and Front Yard

Parking

  • 1 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2,994 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Utilities

  • Sewer Paid

Listing and Financial Details

  • Tax Lot 57
  • Tax Tract Number 2896
  • Assessor Parcel Number 8579011019
  • $1,829 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $200
  • Insurance Expense $200
  • Trash Expense $200
  • Water Sewer Expense $200
  • Operating Expense $800
  • Gross Income $87,600
  • Net Operating Income $77,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,937

Year Built

Built in 1939

Lot Details

0

Parking

1

Listing Details

  • Price Per Unit: 449950
  • Property Attached: No
  • Water Sewer Expenses: 200.00
  • Zoning: EMR3*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 8579011019
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 318.97

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Sewer Paid
  • Trash Expense: 200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 7307.00
  • Lot Size Acres: 0.1677

Multi Family

  • Electric Expense: 200.00
  • Gross Income: 87600.00
  • Gross Scheduled Income: 87600.00
  • Insurance Expense: 200.00
  • Lot Size Area: 7307.0000 Square Feet
  • Net Operating Income: 77600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 10000.00
  • Rent Control: No
  • Total Expenses: 800.00

Tax Info

  • Tax Census Tract: 4332.00
  • Tax Lot: 57
  • Tax Tract Number: 2896
  • TaxOtherAnnualAssessmentAmount: 1829.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2024
Closed on
Dec 17, 2024
Sold by
Mendoza Gustavo A
Bought by
Tran Kendrick Phuoc Khoi
Seller's Agent
Gustavo Mendoza
Gustavo Mendoza, Broker
Buyer's Agent
Christine Nguyen
MILLENNIUM REALTY
List Price
$899,899
Sold Price
$955,000
Premium/Discount to List
$55,101
6.12%
Views
145
Current Estimated Value
$980,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,735
Avg. Annual Appreciation
-0.28%
Original Mortgage
$668,000
Outstanding Balance
$666,278
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$287,153

Purchase Details

Closed on
Oct 14, 2004
Sold by
Sanchez Elena
Bought by
Mendoza Gustavo A

Purchase Details

Closed on
Aug 25, 2003
Sold by
Mendoza Gustavo A and Sanchez Elena
Bought by
Sanchez Elena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,500
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 2000
Sold by
Sanchez Elena
Bought by
Mendoza Gustavo A and Sanchez Elena

Purchase Details

Closed on
Jun 27, 2000
Sold by
Ramirez Ernesto J and Ramirez Adela L
Bought by
Sanchez Elena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,790
Interest Rate
9.08%
Source: Public Records

Similar Homes in El Monte, CA

  • 3827 Pine Ave, El Monte, CA 91731

    $769,000

    • 5 Beds
    • 3 Baths
    • 1,932 Sq Ft
    • 3827 Pine Ave
    • El Monte, CA

    Here is an exceptional investment opportunity comprising two tenant-occupied units in El Monte, California. One unit has 3 beds/1.5 baths with an attached garage and the other unit has 2 beds/1 bath and a gated driveway. This property offers immediate cash flow with established tenants in place, providing a stable income stream from day one. You can also live in one and rent out the other.

    Henry Suarez KW Covina

    Section Image
  • 11132 Bonwood Rd, El Monte, CA 91733

    $995,000

    • 8 Beds
    • 4 Baths
    • 3,352 Sq Ft
    • 11132 Bonwood Rd
    • El Monte, CA

    INVESTMENT GEM IN PRIME EL MONTE. Unlock exceptional potential with this diamond in the rough—a rare opportunity to acquire a 4-unit income property situated on a corner lot in the heart of El Monte. This multifamily complex has long-term tenants, many of whom have called it home for decades—offering stable cash flow and massive upside for value-driven investors. Each unit features spacious

    Suong Vu Dang Mortgage Team Inc.

    Section Image
  • 2145 Cogswell Rd, El Monte, CA 91733

    $1,100,000

    • 6 Beds
    • 5 Baths
    • 2,137 Sq Ft
    • 2145 Cogswell Rd
    • El Monte, CA

    Great investment opportunity in the heart of El Monte! This well-maintained 4-unit property sits on a generous 8,077 sq ft lot and offers strong rental potential in a high-demand area. Each unit provides comfortable living space with great upside for future income growth. Conveniently located near schools, shopping centers, and major freeways, this property is ideal for both investors and

    Tommy Kim Lifetime Realty Inc

    Section Image
  • 2843 Parkway Dr, El Monte, CA 91732

    $939,000

    • 6 Beds
    • 3 Baths
    • 2,500 Sq Ft
    • 2843 Parkway Dr
    • El Monte, CA

    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

    David Harris CENTURY 21 MASTERS

    Section Image
  • 4574 La Madera Ave, El Monte, CA 91732

    $1,160,000

    • 7 Beds
    • 3 Baths
    • 2,856 Sq Ft
    • 4574 La Madera Ave
    • El Monte, CA

    Prime Location, 3 Unit rental property in El Monte. For sale there are three units including 3 separate detached garage. On a large 19,015 square foot lot in the heart of a very popular rental market. All three units are currently rented to long-term tenants at below market rates. Take advantage of the opportunity to add value with rent increases and make some renovations. 3 Garages, allowing

    Elizabeth Montes UPTOWN REALTORS

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $955,000 Stewart Title Of California In
Grant Deed $955,000 Stewart Title Of California In
Grant Deed -- None Available
Interfamily Deed Transfer -- --
Gift Deed -- --
Grant Deed $210,000 South Coast Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $668,000 New Conventional
Closed $668,000 New Conventional
Previous Owner $170,000 New Conventional
Previous Owner $367,300 New Conventional
Previous Owner $367,500 Unknown
Previous Owner $241,500 Purchase Money Mortgage
Previous Owner $188,790 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2024 12/17/24 Sold $955,000 +6.1% $319 / Sq Ft
12/02/2024 12/02/24 Pending -- -- --
10/04/2024 10/04/24 For Sale $899,899 -- $301 / 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 $12,937 $846,731 $507,771 $338,960
2023 $12,649 $830,129 $497,815 $332,314
2022 $12,160 $813,853 $488,054 $325,799
2021 $12,176 $797,896 $478,485 $319,411
2020 $11,561 $790,055 $473,579 $316,476
2019 $11,511 $774,572 $464,294 $310,278
2018 $11,799 $759,392 $455,191 $304,201
2016 $10,020 $640,000 $380,000 $260,000
2015 $9,537 $608,000 $364,800 $243,200
2014 $9,050 $608,000 $364,800 $243,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24206634

California Regional Multiple Listing Service (CRMLS)

APN: 8579-011-019