NOT LISTED FOR SALE

Estimated Value: $1,225,000 - $1,383,135

8 Beds
7 Baths
3,108 Sq Ft
$420/Sq Ft Est. Value

Last Sold November 12, 2024

Last sale price $1,320,000 $425 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $7,443/month

12 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Cooling Available
  • Carport
  • No HOA
  • Laundry Room
  • Heating Available

About This Home

As of November 2024

Four-unit income property nestled in heart of North El Monte conveniently positioned between the 10 Freeway & 605 Freeway. Just remodeled over 2 years ago. Features a main house 2 Bedrooms, 1 bathroom with washer and dryer hook-up, front yard and individual mini - split cooling unit. The 2, 3 and 4 units have 2 bedrooms and 1.5 bathrooms, washer and dryer hook-up, individual mini - split cooling unit. TENANTS PAY ALL UTILITIES
All units seeking a well- maintained. PLEASE DO NOT DISTURB THE TENANTS as THIS IS DRIVE BY ONLY . SUBJECT TO INTERIOR INSPECTION.

Last Agent to Sell the Property

TOM VU

BLUE DIAMOND MORTGAGE & REALTY Brokerage Phone: 626-488-6518 License #00983136 Listed on: 08/28/2024

Last Buyer's Agent

Sabrina Ho

IRN REALTY License #00948032

IRN REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 7,590 Sq Ft Lot
  • Two or More Common Walls
  • Front Yard
  • Density is 2-5 Units/Acre
  • On-Hand Building Permits
  • Land Lease

Home Design

  • Quadruplex
  • Entry on the 1st floor
  • Shingle Roof

Interior Spaces

  • 3,108 Sq Ft Home
  • 2-Story Property

Kitchen

  • Gas Oven
  • Gas Range
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • All Bedrooms Down
  • All Upper Level Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • Carport
  • Parking Available
  • Driveway

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling Available
  • Heating Available
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 2
  • Tax Tract Number 13575
  • Assessor Parcel Number 8549013002

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $2,500
  • Trash Expense $2,000
  • Operating Expense $4,500
  • Gross Income $87,492
  • Net Operating Income $82,492

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Zoning: EMR3YY
  • Property Condition: Building Permit
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 8549013002
  • Year Built: 1963
  • AgentOnly_SellerConsiderConcessionYN: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Entry Level: 1
  • Price Per Square Foot: 424.71
  • Room Type: All Bedrooms Down, All Bedrooms Up

Exterior Features

  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Attached Carport, Detached Carport, Driveway

Utilities

  • Utilities: Electricity Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Oven, Gas Range, Gas Water Heater
  • Electric: Electricity - On Property
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 2000.00
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: 2-5 Units/Acre, Front Yard, Lot 6500-9999
  • Lot Size Sq Ft: 7590.00
  • Lot Size Acres: 0.1742

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 87492.00
  • Gross Scheduled Income: 87492.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 7590.0000 Square Feet
  • Net Operating Income: 82492.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 5000.00
  • Rent Control: No
  • Total Expenses: 4500.00

Tax Info

  • Tax Census Tract: 4333.06
  • Tax Lot: 2
  • Tax Tract Number: 13575

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2024
Closed on
Nov 7, 2024
Sold by
Dan Viet Dinh & Lan Thi Vu Revocable Tru and Dinh Dan
Bought by
Yiu & Ho Family Revocable Living Trust and Yiu
Seller's Agent
TOM VU
BLUE DIAMOND MORTGAGE & REALTY
Buyer's Agent
Sabrina Ho
IRN REALTY
List Price
$1,350,000
Sold Price
$1,320,000
Premium/Discount to List
-$30,000
-2.22%
Views
8
Current Estimated Value
$1,306,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,966
Avg. Annual Appreciation
-0.95%

Purchase Details

Closed on
Apr 18, 2022
Sold by
Thi Vu Lan and Thi Viet Dan
Bought by
Dan Viet Dinh & Lan Thi Vu Revocable Trust

Purchase Details

Closed on
Apr 14, 2015
Sold by
Vu Lan Thi and Vu Lan
Bought by
Vu Lan Thi and Dinh Dan Viet

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
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2002
Sold by
Merlos Juan and Merlos Maria
Bought by
Vu Lan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,800
Interest Rate
7.13%

Purchase Details

Closed on
Jul 10, 2000
Sold by
Barajas Ramon
Bought by
Merlos Juan and Merlos Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,920
Interest Rate
10.45%

Purchase Details

Closed on
Feb 29, 2000
Sold by
Barajas Amelia
Bought by
Barajas Ramon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yiu & Ho Family Revocable Living Trust $1,320,000 Fidelity National Title
Dan Viet Dinh & Lan Thi Vu Revocable Trust -- Accommodation/Courtesy Recordi
Vu Lan Thi -- Old Republic Title
Vu Lan $333,500 Fidelity Title
Vu Lan -- Fidelity Title
Merlos Juan $230,000 Fidelity Title
Barajas Ramon -- Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vu Lan Thi $434,000
Previous Owner Vu Lan $266,800
Previous Owner Merlos Juan $183,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2024 11/12/24 Sold $1,320,000 -2.2% $425 / Sq Ft
09/09/2024 09/09/24 Pending -- -- --
08/28/2024 08/28/24 For Sale $1,350,000 -- $434 / 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 $7,451 $1,320,000 $800,000 $520,000
2024 $7,451 $482,998 $190,446 $292,552
2023 $7,333 $473,528 $186,712 $286,816
2022 $7,067 $464,244 $183,051 $281,193
2021 $7,210 $455,142 $179,462 $275,680
2020 $7,010 $450,476 $177,622 $272,854
2019 $6,999 $441,644 $174,140 $267,504
2018 $6,669 $432,985 $170,726 $262,259
2016 $6,151 $416,174 $164,098 $252,076
2015 $6,084 $409,924 $161,634 $248,290
2014 $5,975 $401,895 $158,468 $243,427
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS24178459

California Regional Multiple Listing Service (CRMLS)

APN: 8549-013-002