NOT LISTED FOR SALE

3520 Durfee Ave El Monte, CA 91732

River East Neighborhood

Estimated Value: $1,587,044

7 Beds
5 Baths
3,421 Sq Ft
$464/Sq Ft Est. Value

Last Sold December 30, 2016

Last sale price $965,000 $282 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $9,641/month

53 Days on Market

Highlights

  • 23,031 Sq Ft lot
  • Property is near public transit
  • Front Yard

About This Home

As of December 2016

Don't miss this great opportunity! No Rent control ! Conveniently located close to freeway access (commuter friendly), near public transit,
shopping and schools. 4 good sized units all with their own washer and dryer hook ups, all units have their own gas meter. Perfect for investment or live in the front house and rent out the other 3 units. This property sits on half an acre and has a lot of potential.
Unit addresses are 3518/3520/3520 1/4 and 3520 1/2 Durfee Ave.
Unit 1 offers 3 bedroom/2bath with a patio area
Unit 2 1 bedroom/1 bath with 2 car garage/ gated yard
Unit 3 1 bedroom/1 bathroom/ 1 car garage with private yard
Unit 4 2 bedroom/1 bath/ 1 car garage/ private front and back yard
Call today for more information!

Last Agent to Sell the Property

ANDREA ZARAGOZA

STIGLER MORTGAGE License #01780049 Listed on: 10/20/2016

STIGLER MORTGAGE

Last Buyer's Agent

Yan Hong Chen

GRANDMARK REALTY INC. License #01900210

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1936

Lot Details

  • 0.53 Acre Lot
  • No Common Walls
  • Front Yard

Parking

  • 4 Car Garage

Home Design

  • 3,421 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Additional Features

  • Property is near public transit
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 5
  • Tax Tract Number 4334
  • Assessor Parcel Number 8549009047

Community Details

Overview

  • 4 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,400
  • Insurance Expense $805
  • Trash Expense $1,560
  • Water Sewer Expense $2,400
  • Gross Income $63,600
  • Net Operating Income $58,835

Property Details

Home Type

Multi-Family

Year Built

Built in 1936

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 2400.00
  • Zoning: EMR3*
  • Property Type: Residential Income
  • Parcel Number: 8549009047
  • Year Built: 1936
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 282.08

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Sewer: Unknown
  • Trash Expense: 1560.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lot 20000-39999 Sqft, Near Public Transit
  • Lot Size Sq Ft: 23031.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 2400.00
  • Gross Income: 63600.00
  • Gross Scheduled Income: 63600.00
  • Insurance Expense: 805.00
  • Net Operating Income: 58835.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 4765.00
  • Rent Control: No

Tax Info

  • Tax Census Tract: 4333.07
  • Tax Lot: 5
  • Tax Tract Number: 4333.7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2016
Closed on
Dec 14, 2016
Sold by
Hernandez Jose Guadalupe
Bought by
Ma Derek Shu Wirig and Ma Daisy Low
Seller's Agent
ANDREA ZARAGOZA
STIGLER MORTGAGE
Buyer's Agent
Yan Hong Chen
GRANDMARK REALTY INC.
List Price
$965,000
Sold Price
$965,000
Current Estimated Value
$1,587,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$622,044
Avg. Annual Appreciation
5.69%

Purchase Details

Closed on
Sep 17, 2004
Sold by
Hernandez Jose Guadalupe
Bought by
Hernandez Jose Guadalupe and Hernandez Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,000
Interest Rate
7.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 6, 2004
Sold by
Hernandez Oscar
Bought by
Hernandez Jose Guadalupe and Hernandez Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 1999
Sold by
Amortization Techniques Inc
Bought by
Hernandez Jose Guadalupe and Hernandez Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,841
Interest Rate
7.2%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 2, 1998
Sold by
Pinson Irene M
Bought by
Amortization Techniques Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.69%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ma Derek Shu Wirig $965,000 Fidelity National Title Co
Hernandez Jose Guadalupe -- Landsafe Title
Hernandez Jose Guadalupe -- Security Union Title
Hernandez Jose Guadalupe $330,000 Benefit Land Title Company
Amortization Techniques Inc $177,000 Benefit Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hernandez Jose Guadalupe $434,000
Previous Owner Hernandez Jose Guadalupe $380,000
Previous Owner Hernandez Jose Guadalupe $322,841
Previous Owner Amortization Techniques Inc $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2016 12/30/16 Sold $965,000 0.0% $282 / Sq Ft
12/12/2016 12/12/16 Pending -- -- --
10/20/2016 10/20/16 For Sale $965,000 -- $282 / 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 $15,913 $1,119,962 $928,467 $191,495
2024 $15,913 $1,098,003 $910,262 $187,741
2023 $15,666 $1,076,474 $892,414 $184,060
2022 $15,082 $1,055,367 $874,916 $180,451
2021 $15,450 $1,034,674 $857,761 $176,913
2020 $15,000 $1,024,065 $848,966 $175,099
2019 $14,985 $1,003,986 $832,320 $171,666
2018 $14,181 $984,300 $816,000 $168,300
2016 $12,263 $489,609 $293,518 $196,091
2015 $7,227 $482,256 $289,110 $193,146
2014 $7,095 $472,810 $283,447 $189,363
Source: Public Records

Agents Affiliated with this Home

  • ANDREA ZARAGOZA

    Seller's Agent in 2016

    ANDREA ZARAGOZA

    STIGLER MORTGAGE

    (909) 644-5345

    86 Total Sales

    ANDREA ZARAGOZA
    Section Image
  • Yan Hong Chen

    Buyer's Agent in 2016

    Yan Hong Chen

    GRANDMARK REALTY INC.

    (626) 292-7007

    14 Total Sales

    Yan Hong Chen
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV16729891

California Regional Multiple Listing Service (CRMLS)

APN: 8549-009-047

California Los Angeles County El Monte 91732 River East

3520 Durfee Ave, El Monte, CA

Not Listed for Sale

MultiFamily

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