Seller's Agent in 2021
Kristopher German
RE/MAX
(909) 645-0443
2 in this area
118 Total Sales
3419 Whistler Ave El Monte, CA 91732
River East NeighborhoodEstimated Value: $1,933,128 - $2,005,000
15
Beds
8
Baths
3,919
Sq Ft
$502/Sq Ft
Est. Value
Highlights
- 0.44 Acre Lot
- El Monte High School Rated A-
- 1-Story Property
About This Home
As of March 20215+% CAP Rate in the San Gabriel Valley! We are pleased to exclusively offer for sale this multi-family investment opportunity located in the highly sought after rental community of North El Monte. The current owner initially purchased this 8 unit property 30+ years ago with all units situated as they are today, but title reflects a total of 6 units. (Buyer and buyer's agent to satisfy themselves with respect to the legal # of units and legal square footage). The unit mix is composed of 1(3Bed/1Bath)SFR, 1(2Bed/1Bath) SFR, 3(2Bed/1Bath)s, 1(1Bed/1Bath), & 1(2Bed/1Bath) -NC, 1(1Bed/1Bath) - NC. All 8 units are distributed across 4 separate single story structures situated on a 18,957 SqFt Lot. This investment is being offered at a current 5.06% CAP Rate and 13.2 GRM (all rent collections are current.)
Last Agent to Sell the Property
RE/MAX 2000 REALTY License #01800021 Listed on: 09/01/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $23,040
Year Built
- Built in 1963
Lot Details
- 0.44 Acre Lot
- 1 Common Wall
- Density is 6-10 Units/Acre
Home Design
- Property Attached
Interior Spaces
- 3,919 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 15 Bedrooms
- 8 Bathrooms
Parking
- 5 Open Parking Spaces
- 8 Parking Spaces
- 3 Carport Spaces
- Parking Available
- Assigned Parking
Outdoor Features
- Rain Gutters
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 5 / D
- Tax Tract Number 10712
- Assessor Parcel Number 8567008009
Community Details
Overview
- 4 Buildings
- 8 Units
Building Details
- Rent Control
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Fuel Expense $1,680
- Insurance Expense $1,568
- Maintenance Expense $4,000
- Other Expense $1,200
- Trash Expense $4,044
- Water Sewer Expense $4,200
- New Taxes Expense $17,573
- Operating Expense $34,265
- Gross Income $113,640
- Net Operating Income $75,966
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 1, 2020
Closed on
Feb 2, 2021
Sold by
Lau Miguelina Tong
Bought by
Two Hearts Apparel Inc
Seller's Agent
Kristopher German
RE/MAX 2000 REALTY
Buyer's Agent
LETICIA PEREZ
TRT CAPITAL
List Price
$1,500,000
Sold Price
$1,500,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$457,382
Avg. Annual Appreciation
4.45%
Purchase Details
Closed on
Jul 30, 2008
Sold by
Cheong Lau Miguelina Tong and Cheong Yuk
Bought by
Lau Miguelina Tong and Yuk Cheong Lau Bypass Trust
Purchase Details
Closed on
May 4, 2004
Sold by
Lau Yuk Cheong and Lau Miguelina
Bought by
Lau Yuk Cheong and Lau Miguelina Tong
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Two Hearts Apparel Inc | $1,500,000 | Fidelity National Title | |
| Lau Miguelina Tong | -- | None Available | |
| Lau Yuk Cheong | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/12/2021 03/12/21 | Sold | $1,500,000 | 0.0% | $383 / Sq Ft |
| 01/29/2021 01/29/21 | Pending | -- | -- | -- |
| 12/15/2020 12/15/20 | For Sale | $1,500,000 | 0.0% | $383 / Sq Ft |
| 12/07/2020 12/07/20 | Off Market | $1,500,000 | -- | -- |
| 09/25/2020 09/25/20 | For Sale | $1,500,000 | 0.0% | $383 / Sq Ft |
| 09/14/2020 09/14/20 | Pending | -- | -- | -- |
| 09/01/2020 09/01/20 | For Sale | $1,500,000 | -- | $383 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $23,040 | $1,623,646 | $974,188 | $649,458 |
| 2024 | $23,040 | $1,591,811 | $955,087 | $636,724 |
| 2023 | $22,677 | $1,560,600 | $936,360 | $624,240 |
| 2022 | $21,826 | $1,530,000 | $918,000 | $612,000 |
| 2021 | $9,287 | $526,570 | $272,665 | $253,905 |
| 2020 | $9,055 | $523,247 | $269,870 | $253,377 |
| 2019 | $9,039 | $513,029 | $264,579 | $248,450 |
| 2018 | $8,514 | $503,012 | $259,392 | $243,620 |
| 2016 | $7,854 | $481,486 | $249,320 | $232,166 |
| 2015 | $7,769 | $474,254 | $245,575 | $228,679 |
| 2014 | $7,652 | $464,965 | $240,765 | $224,200 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2021
LETICIA PEREZ
TRT CAPITAL
(626) 271-0352
1 in this area
16 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV20180377
APN: 8567-008-009
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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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