NOT LISTED FOR SALE

Estimated Value: $703,000 - $811,000

4 Beds
2 Baths
1,598 Sq Ft
$475/Sq Ft Est. Value

Last Sold August 01, 2022

Last sale price $600,000 $375 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,672/month

21 Days on Market

Highlights

  • City View
  • 1-minute walk to El Monte
  • Breakfast Room
  • Traditional Architecture
  • No HOA
  • Family Room

About This Home

As of August 2022

A value-add or first-time home-buyer perfect single-family residential house opportunity located at 3641 Center Ave. in the city of El Monte, CA. It is perfect for first-time homebuyers or investors. The property consists of approximately 1,598 square feet of building positioned on 6.974 square feet of land. All the tenants are month to month. Please request a rent-roll. It is currently leased and generating a monthly income. The front building has two bedrooms and one bathroom, the back house has two bedrooms and one bathroom. Each property is separately metered for gas and electricity. The duplex is located on the major retail corridor in west San Gabriel Valley. There are upcoming proposed multi-million dollar development projects in this area like Walmart site (187,782 square-foot supercenters), MagellanGateway (501,000 SF business parks development on TempleCity Blvd), Hilton Garden Inn (a $34million project that is currently under construction on Valley Boulevard), El Monte Gateway Project (development project consisting 485 units of housing and 25,000square feet of retail), and many more. The subject property is in proximity distance from Downtown Los Angeles. El Monte, minutes away from the San Bernardino Line at the Monte Metrolink Station stop, 10 FWY, 605 FWY, and 60 FWY; makes almost every Southland location easily accessible from this location.

Last Agent to Sell the Property

Elizabeth Clark

Douglas Elliman License #01811246 Listed on: 02/28/2022

Douglas Elliman

Co-Listed By

Jay Martinez

License #01954238

Last Buyer's Agent

Eric Chavez

CAREBF INC License #01397806

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 6,974 Sq Ft Lot
  • Lot Dimensions are 50x145
  • Property is zoned EMR3P*

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,598 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Breakfast Room
  • Dining Room
  • City Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Assigned Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 8575-019-013

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

6,974 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 1598
  • Lot Acreage: 0.1601
  • Lot Dimensions: 50x145
  • Planned Urban Dev: 0
  • Stories: 1
  • Year Built: 1910
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Bedrooms: 4
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 406.76

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: City
  • View: Yes

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 3

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Natural Gas

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 8575-019-013
  • Lot Size Area: 6974

Rental Info

  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2022
Closed on
Jul 28, 2022
Sold by
Montoya Revocable Living Trust
Bought by
Crespos Audio Video Tech
Seller's Agent
Elizabeth Clark
Douglas Elliman
Buyer's Agent
Eric Chavez
CAREBF INC
List Price
$650,000
Sold Price
$600,000
Premium/Discount to List
-$50,000
-7.69%
Current Estimated Value
$759,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,132
Avg. Annual Appreciation
6.87%
Original Mortgage
$522,000
Outstanding Balance
$493,117
Interest Rate
4.81%
Mortgage Type
Small Business Administration
Estimated Equity
$266,015

Purchase Details

Closed on
Jul 14, 2010
Sold by
Montoya Sylvia Torres
Bought by
Montoya Sylvia Flores

Purchase Details

Closed on
May 18, 2005
Sold by
Montoya Sylvia Flores
Bought by
Montoya Sylvia Flores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,500
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 1998
Sold by
Montoya Trust and Flores Sylvia Flores
Bought by
Montoya Sylvia Flores
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
Crespos Audio Video Tech $600,000 Ticor Title
Montoya Sylvia Flores -- None Available
Montoya Sylvia Flores -- --
Montoya Sylvia Flores -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crespos Audio Video Tech $522,000
Previous Owner Montoya Sylvia Flores $279,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2022 08/01/22 Sold $600,000 -7.7% $375 / Sq Ft
03/21/2022 03/21/22 Pending -- -- --
02/28/2022 02/28/22 For Sale $650,000 -- $407 / Sq Ft
Source: The MLS

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 $9,130 $624,240 $499,392 $124,848
2024 $9,130 $612,000 $489,600 $122,400
2023 $8,727 $600,000 $480,000 $120,000
2022 $4,451 $299,590 $192,598 $106,992
2021 $4,500 $293,717 $188,822 $104,895
2019 $4,772 $285,007 $183,222 $101,785
2018 $4,398 $279,420 $179,630 $99,790
2016 $4,305 $268,571 $172,655 $95,916
2015 $4,166 $264,538 $170,062 $94,476
2014 $4,010 $259,357 $166,731 $92,626
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-131925

The MLS

APN: 8575-019-013

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