NOT LISTED FOR SALE

Estimated Value: $1,525,000 - $1,738,710

7 Beds
4 Baths
4,016 Sq Ft
$407/Sq Ft Est. Value

Last Sold September 27, 2020

Last sale price $1,338,888 $333 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $10,191/month

13 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Wood Flooring
  • No HOA
  • 0.52 Acre Lot
  • Private Yard
  • Crown Molding

About This Home

As of September 2020

A must-see single family home on an oversized lot of 22,659 sqft in El Monte, with a total of three units, everything is permitted. Main house is 2216 sq and back unit is 900 sq each. The owner can stay in the main house that features 3 bedrooms and 2 baths, hardwood floors, custom-built cabinets, crown molding, large kitchen, beautiful living room, and a spacious dining room while renting out the back lot 2 units of 2 bedrooms and 1 bath in each one. Every unit has its own private entrance and electrical meter. 4 parking spaces that include 2 carport spaces in the back for all residents and guests. This charming property is conveniently located just minutes to supermarkets, restaurants, shops, and so much more. Seller spent over $200,000 to finish this piece of art:Replace the damaged roofing;Prepare and paint garage and the tool shop next to garage,install new high efficiency heating system through complete home;Replace existing fuse panel and disconnects with new 200 Amp utility service main panel, meter, power drop, new main wires from pole to home;Install new carpet in living room with new higher quality pad by flooring contractor;Remove all galvanized water supply piping to 99% of all fixtures and install new copper piping as needed.Install all new landscaping watering systems for house , apartments flower beds, lawns, trees, and drip irrigation systems.......just too many to mention, you must see to appreciated!! Please see the attachment of the repair list in MLS.

Last Agent to Sell the Property

Joyce Luo

RED DRAGON REALTY CORP. License #01862458 Listed on: 07/01/2020

Last Buyer's Agent

Anny Chen

WinMaster Realty Inc License #01969471

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1936

Lot Details

  • 0.52 Acre Lot
  • No Common Walls
  • Private Yard
  • Back and Front Yard

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Parking Available
  • Parking Lot

Home Design

  • Raised Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Tile Roof

Interior Spaces

  • 4,016 Sq Ft Home
  • Crown Molding
  • Living Room with Fireplace
  • Storage
  • Laundry Room
  • Wood Flooring
  • Gas Oven

Bedrooms and Bathrooms

  • 7 Bedrooms
  • All Bedrooms Down
  • Walk-In Closet
  • 4 Bathrooms

Utilities

  • Central Heating

Listing and Financial Details

  • Tenant pays for gas
  • Tax Lot 2
  • Tax Tract Number 10276
  • Assessor Parcel Number 8567005001

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1936

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: EMR3*
  • Property Type: Residential Income
  • Parcel Number: 8567005001
  • Year Built: 1936
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Crown Molding, Storage
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Price Per Square Foot: 333.39
  • Room Type: All Bedrooms Down, Walk-In Closet

Exterior Features

  • Foundation: Raised
  • Pool Private: No
  • Roof: Tile
  • Spa: No
  • Construction Materials: Drywall Walls, Frame

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport, Garage, Parking Space
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Yard
  • Lot Size Sq Ft: 22659.00
  • Lot Size Acres: 0.5202

Rental Info

  • Tenant Pays: Gas

Multi Family

  • Lot Size Area: 22659.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Census Tract: 4333.04
  • Tax Lot: 2
  • Tax Tract Number: 10276

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2023
Sold by
Lee Yu Keung and Lee Yuk Ling
Bought by
Lee Residence Trust and Lee
Current Estimated Value
$1,634,178

Purchase Details

Listed on
Jul 1, 2020
Closed on
Oct 1, 2020
Sold by
Lee Yu K and Lee Yuk L
Bought by
Lee Yu Keung and Chow Yuk Ling
Seller's Agent
Joyce Luo
RED DRAGON REALTY CORP.
Buyer's Agent
Anny Chen
WinMaster Realty Inc
List Price
$1,290,000
Sold Price
$1,338,888
Premium/Discount to List
$48,888
3.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.83%
Original Mortgage
$1,040,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 1, 2020
Closed on
Aug 21, 2020
Sold by
Gallion Linda Sue
Bought by
Gallion Robert Douglas
Seller's Agent
Joyce Luo
RED DRAGON REALTY CORP.
Buyer's Agent
Anny Chen
WinMaster Realty Inc
List Price
$1,290,000
Sold Price
$1,338,888
Premium/Discount to List
$48,888
3.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 1, 2020
Closed on
Aug 20, 2020
Sold by
Freeman Joyce D and The Freeman Living Trust
Bought by
Lee Yu K and Chow Yuk L
Seller's Agent
Joyce Luo
RED DRAGON REALTY CORP.
Buyer's Agent
Anny Chen
WinMaster Realty Inc
List Price
$1,290,000
Sold Price
$1,338,888
Premium/Discount to List
$48,888
3.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2011
Sold by
Freeman Joyce D and The Freeman Living Trust
Bought by
Freeman Joyce D and Freeman Living Trust

Purchase Details

Closed on
Feb 8, 2006
Sold by
Freeman Joyce D and The Freeman Living Trust
Bought by
Freeman Joyce D and The Freeman Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2005
Sold by
Freeman Iva B
Bought by
Freeman Joyce D and Freeman Marjorie E

Purchase Details

Closed on
May 18, 2005
Sold by
Freeman Joyce D
Bought by
Freeman Joyce D and Freeman Living Trust
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
Lee Residence Trust -- None Listed On Document
Lee Yu Keung -- None Listed On Document
Gallion Robert Douglas -- Stewart Title
Lee Yu K $1,339,000 Stewart Title
Freeman Joyce D -- None Available
Freeman Joyce D -- Chicago Title Co
Freeman Joyce D -- --
Freeman Joyce D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Yu K $1,040,000
Previous Owner Freeman Joyce D $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2020 09/27/20 Sold $1,338,888 +3.8% $333 / Sq Ft
07/14/2020 07/14/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $1,290,000 -- $321 / 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 $19,747 $1,449,374 $579,749 $869,625
2024 $19,747 $1,420,956 $568,382 $852,574
2023 $19,430 $1,393,095 $557,238 $835,857
2022 $18,677 $1,365,780 $546,312 $819,468
2021 $19,161 $1,339,000 $535,600 $803,400
2020 $3,229 $165,666 $40,098 $125,568
2019 $3,221 $162,433 $39,312 $123,121
2018 $2,907 $159,264 $38,542 $120,722
2016 $2,672 $152,361 $37,047 $115,314
2015 $2,642 $150,073 $36,491 $113,582
2014 $2,615 $147,135 $35,777 $111,358
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS20127494

California Regional Multiple Listing Service (CRMLS)

APN: 8567-005-001