3644 Baldwin Ave El Monte, CA 91731
Northwest El Monte NeighborhoodEstimated Value: $1,136,000 - $1,316,000
4
Beds
2
Baths
3,274
Sq Ft
$372/Sq Ft
Est. Value
Highlights
- 0.32 Acre Lot
- Wooded Lot
- 2-minute walk to Baldwin Ave Mini Park
- Rosemead High School Rated A
About This Home
As of October 20203644 Baldwin Ave in El Monte is a 4-unit apartment building featuring 3,274 SF of living space on a large 14,001 SF lot. Built in 1961, this property features a large driveway and detached 4-car garage. The unit mix consists of (4) 2-bed/1-bath units, each with their own private parking spaces. This is an excellent opportunity for a potential investor to obtain 30-year fixed residential financing while rates are at a historic low. Located just 3 Blocks of 10 Freeway entrance, 3644 Baldwin Ave is an excellent owner-user buy allowing for an owner to live in one unit and enjoy the top of the market rental income from the others. *This property can be sold together with the adjacent 4-unit: 3704 Baldwin Ave, El Monte.
Last Listed By
Lyon Stahl Investment Real Estate, Inc. License #01717818 Listed on: 07/14/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,933
Year Built
- Built in 1961
Lot Details
- 0.32 Acre Lot
- 1 Common Wall
- Wooded Lot
Parking
- 2 Car Garage
Home Design
- 3,274 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Listing and Financial Details
- Tax Lot 48
- Tax Tract Number 7177
- Assessor Parcel Number 8578007007
Community Details
Overview
- 4 Buildings
- 4 Units
Building Details
- Rent Control
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $1,310
- Maintenance Expense $1,363
- Other Expense $3,200
- New Taxes Expense $13,642
- Operating Expense $20,714
- Gross Income $43,149
- Net Operating Income $22,435
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 14, 2020
Closed on
Oct 2, 2020
Sold by
Reeves Geoffrey and Reeves Brandy
Bought by
Vandoan Thanh
Seller's Agent
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
List Price
$975,000
Sold Price
$910,000
Premium/Discount to List
-$65,000
-6.67%
Total Days on Market
43
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
$309,506
Avg. Annual Appreciation
6.13%
Original Mortgage
$412,000
Outstanding Balance
$373,826
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$820,450
Purchase Details
Listed on
Jul 14, 2020
Closed on
Sep 23, 2020
Sold by
Reeves David and Reeves Geoffrey
Bought by
Reeves Geoffrey and Reeves Brandy
Seller's Agent
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
List Price
$975,000
Sold Price
$910,000
Premium/Discount to List
-$65,000
-6.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Outstanding Balance
$373,826
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$820,450
Purchase Details
Closed on
Jan 6, 2003
Sold by
Reeves Brandy
Bought by
Reeves Geoffrey
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 1, 2000
Sold by
Reeves Michael and Reeves Deanna
Bought by
Reeves David and Reeves Geoffrey
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
8.15%
Mortgage Type
Seller Take Back
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
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vandoan Thanh | $910,000 | Chicago Title Company | |
| Reeves Geoffrey | -- | Chicago Title Company | |
| Reeves Geoffrey | -- | New Century Title | |
| Reeves David | -- | New Century Title | |
| Reeves David | $100,000 | Fidelity National Title | |
| Reeves Michael | $66,000 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vandoan Thanh | $412,000 | |
| Previous Owner | Reeves David | $35,000 | |
| Previous Owner | Reeves David | $130,000 | |
| Previous Owner | Reeves David | $95,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/20/2020 10/20/20 | Sold | $910,000 | -4.2% | $278 / Sq Ft |
| 08/26/2020 08/26/20 | Pending | -- | -- | -- |
| 08/24/2020 08/24/20 | Price Changed | $950,000 | -2.6% | $290 / Sq Ft |
| 08/24/2020 08/24/20 | For Sale | $975,000 | 0.0% | $298 / Sq Ft |
| 08/18/2020 08/18/20 | Pending | -- | -- | -- |
| 07/14/2020 07/14/20 | For Sale | $975,000 | -- | $298 / 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 |
|---|---|---|---|---|
| 2024 | $13,933 | $965,698 | $579,419 | $386,279 |
| 2023 | $13,685 | $946,763 | $568,058 | $378,705 |
| 2022 | $13,094 | $928,200 | $556,920 | $371,280 |
| 2021 | $14,179 | $910,000 | $546,000 | $364,000 |
| 2020 | $5,665 | $331,650 | $177,067 | $154,583 |
| 2019 | $5,738 | $325,148 | $173,596 | $151,552 |
| 2018 | $5,456 | $318,774 | $170,193 | $148,581 |
| 2016 | $5,216 | $306,397 | $163,585 | $142,812 |
| 2015 | $5,158 | $301,795 | $161,128 | $140,667 |
| 2014 | $4,997 | $295,884 | $157,972 | $137,912 |
Source: Public Records
Agents Affiliated with this Home
-
Brett Lyon
Seller's Agent in 2020
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
3 in this area
134 Total Sales
-
Woody Stahl
Seller Co-Listing Agent in 2020
Woody Stahl
Lyon Stahl Investment Real Est
(310) 710-3829
2 in this area
147 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB20137474
APN: 8578-007-007
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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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