NOT LISTED FOR SALE

3416 Lexington Ave El Monte, CA 91731

Downtown El Monte Neighborhood

Estimated Value: $670,000 - $873,018

3 Beds
2 Baths
1,568 Sq Ft
$480/Sq Ft Est. Value

Last Sold October 14, 2020

Last sale price $520,000 $332 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,928/month

100 Days on Market

Highlights

  • 2 Car Attached Garage
  • Laundry Room
  • Ceiling Fan
  • El Monte High School Rated A-
  • 1-Story Property

About This Home

As of October 2020

ATTENTION INVESTORS!! PRICE REDUCTION on Great fixer opportunity for income property in El Monte. Front unit is 2 bedroom, 1 bath and tenant occupied. Back unit is 1 bedroom, 1 bath. This is a Trust sale.

Last Agent to Sell the Property

Patricia So

Compass License #01916870 Listed on: 01/26/2020

Compass

Co-Listed By

Lori Aronsohn

Compass License #01910398

Last Buyer's Agent

RAE ZHANG

RE/MAX CHAMPIONS License #02011752

RE/MAX CHAMPIONS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,733

Year Built

  • Built in 1938

Lot Details

  • 7,635 Sq Ft Lot
  • Property is zoned EMR3YY

Home Design

  • Major Repairs Completed
  • Fixer Upper

Interior Spaces

  • 1,568 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 8579-008-007
  • $15,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,733

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: Fixer opportunity for income property in El Monte. Front unit is 2 bedroom, 1 bath and tenant occupied. Back unit is 1 bedroom, 1 bath. This is a Trust sale.
  • Living Area: 1568
  • Property Condition: Fixer, Repairs Major
  • Year Built: 1938
  • Number Of Photos: 11
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Bedrooms: 3
  • Common Walls: Detached/No Common Walls
  • Laundry: In Unit, Laundry Area
  • Total Bathrooms: 2.00
  • Equipment: Ceiling Fan, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 357.14

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Driveway, Garage - 1 Car, Garage Is Detached
  • Total Parking: 2

Utilities

  • Cooling: Ceiling Fan
  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Value: 13281
  • Assessed Land Value: 23849
  • Assessor Parcel Number: 8579-008-007
  • Geocode Override: No
  • Lot Size Area: 7635

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: residential
  • Vacancy Rate: 50%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2020
Closed on
Nov 30, 2020
Sold by
Qi Chuanshu and Zhao Xinyan
Bought by
Qi Chuanshu and Zhao Xinyan
Seller's Agent
Patricia So
Compass
Buyer's Agent
RAE ZHANG
RE/MAX CHAMPIONS
List Price
$600,000
Sold Price
$520,000
Premium/Discount to List
-$80,000
-13.33%
Current Estimated Value
$782,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,458
Avg. Annual Appreciation
7.97%
Original Mortgage
$416,000
Outstanding Balance
$371,678
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$381,327

Purchase Details

Listed on
Jan 26, 2020
Closed on
Oct 5, 2020
Sold by
Timmons Curtis
Bought by
Qi Chuanshu and Zhao Xinyan
Seller's Agent
Patricia So
Compass
Buyer's Agent
RAE ZHANG
RE/MAX CHAMPIONS
List Price
$600,000
Sold Price
$520,000
Premium/Discount to List
-$80,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Outstanding Balance
$371,678
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$381,327

Purchase Details

Closed on
Dec 1, 1996
Sold by
Thomason Marie
Bought by
Thomason Marie
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
Qi Chuanshu -- None Available
Qi Chuanshu $520,000 Equity Title Company
Thomason Marie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Qi Chuanshu $416,000
Previous Owner Timmons Curtis $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2020 10/14/20 Sold $520,000 -7.1% $332 / Sq Ft
05/05/2020 05/05/20 Pending -- -- --
03/30/2020 03/30/20 Price Changed $560,000 -6.7% $357 / Sq Ft
01/26/2020 01/26/20 For Sale $600,000 -- $383 / Sq Ft
Source: The MLS

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 $7,733 $562,862 $394,004 $168,858
2024 $7,733 $551,827 $386,279 $165,548
2023 $7,578 $541,007 $378,705 $162,302
2022 $7,295 $530,400 $371,280 $159,120
2021 $7,391 $520,000 $364,000 $156,000
2020 $1,593 $39,399 $25,307 $14,092
2019 $1,578 $38,627 $24,811 $13,816
2018 $1,523 $37,871 $24,325 $13,546
2016 $1,404 $36,403 $23,382 $13,021
2015 $1,152 $35,857 $23,031 $12,826
2014 $963 $35,155 $22,580 $12,575
Source: Public Records

Agents Affiliated with this Home

  • Patricia So

    Seller's Agent in 2020

    Patricia So

    Compass

    (818) 601-5455

    2 in this area

    21 Total Sales

    Section Image
  • Lori Aronsohn

    Seller Co-Listing Agent in 2020

    Lori Aronsohn

    Compass

    (818) 516-9218

    2 in this area

    23 Total Sales

    Section Image
  • RAE ZHANG

    Buyer's Agent in 2020

    RAE ZHANG

    RE/MAX CHAMPIONS

    (626) 864-1688

    1 in this area

    118 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 20-547770

The MLS

APN: 8579-008-007

California Los Angeles County El Monte 91731 Downtown El Monte

3416 Lexington Ave, El Monte, CA

This home is located at 3416 Lexington Ave, El Monte, CA 91731 since 26 January 2020 and is currently estimated at $753,005, approximately $480 per square foot. This property was built in 1938. 3416 Lexington Ave is a home located in Los Angeles County with nearby schools including Columbia School, El Monte High School, and Nativity Catholic School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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