NOT LISTED FOR SALE

3704 Baldwin Ave El Monte, CA 91731

Northwest El Monte Neighborhood

Estimated Value: $1,220,000 - $1,408,000

7 Beds
4 Baths
3,739 Sq Ft
$352/Sq Ft Est. Value

Last Sold December 17, 2020

Last sale price $985,000 $263 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $8,215/month

115 Days on Market

Highlights

  • 0.33 Acre Lot
  • Front Yard
  • 1-minute walk to Baldwin Ave Mini Park
  • Rosemead High School Rated A

About This Home

As of December 2020

3704 Baldwin Ave in El Monte is a 4-unit featuring 3,739 SF of living space on a large 14,266 SF lot. Built in 1963, this property features a large driveway and two (2) attached 1-car garages. The unit mix consists of (1) 3-bed/1-bath unit, (2) 2-bed/2-bath units, and a (1) 2-bed/1-bath unit.t. This is an excellent opportunity for a potential investor to obtain 30-year fixed residential financing while rates are at a historical low. Located just 3 Blocks of 10 Freeway entrance, 3704 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.

Last Agent to Sell the Property

Brett Lyon

Lyon Stahl Investment Real Estate, Inc. License #01717818 Listed on: 07/14/2020

Lyon Stahl Investment Real Estate, Inc.

Co-Listed By

Woody Stahl

Lyon Stahl Investment Real Est License #01399621

Last Buyer's Agent

Brett Lyon

Lyon Stahl Investment Real Estate, Inc. License #01717818 Listed on: 07/14/2020

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 0.33 Acre Lot
  • 1 Common Wall
  • Front Yard

Parking

  • 2 Car Garage

Home Design

  • 3,739 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 49
  • Tax Tract Number 7177
  • Assessor Parcel Number 8578007008

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $1,496
  • Maintenance Expense $1,440
  • Other Expense $20,946
  • New Taxes Expense $13,610
  • Operating Expense $20,946
  • Gross Income $45,600
  • Net Operating Income $24,654

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Zoning: EMR3*
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 8578007008
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 263.44

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 14266.00
  • Lot Size Acres: 0.3275

Multi Family

  • Gross Income: 45600.00
  • Gross Scheduled Income: 48000.00
  • Insurance Expense: 1496.00
  • Lot Size Area: 14266.0000 Square Feet
  • Maintenance Expense: 1440.00
  • Net Operating Income: 24654.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 20946.00
  • Other Expense: 20946.00
  • Other Expense Description: Utility
  • Rent Control: No
  • Total Expenses: 20946.00

Tax Info

  • New Taxes Expense: 13610.00
  • Tax Census Tract: 4328.02
  • Tax Lot: 49
  • Tax Tract Number: 7177

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2000
Sold by
Reeves Michael and Reeves Deanna
Bought by
Monasterio Ricardo and Monasterio Maria
Current Estimated Value
$1,316,721
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
Monasterio Ricardo $100,000 Fidelity National Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2020 12/17/20 Sold $985,000 +1.0% $263 / Sq Ft
11/06/2020 11/06/20 Pending -- -- --
10/20/2020 10/20/20 For Sale $975,000 -1.0% $261 / Sq Ft
07/28/2020 07/28/20 Off Market $985,000 -- --
07/14/2020 07/14/20 For Sale $975,000 -- $261 / 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 $15,786 $1,066,192 $586,676 $479,516
2024 $14,945 $1,045,287 $575,173 $470,114
2023 $14,677 $1,024,793 $563,896 $460,897
2022 $14,039 $1,004,700 $552,840 $451,860
2021 $15,212 $985,000 $542,000 $443,000
2020 $4,500 $246,292 $130,313 $115,979
2019 $4,553 $241,463 $127,758 $113,705
2018 $4,339 $236,729 $125,253 $111,476
2016 $4,136 $227,540 $120,391 $107,149
2015 $4,090 $224,123 $118,583 $105,540
2014 $3,976 $219,734 $116,261 $103,473
Source: Public Records

Agents Affiliated with this Home

  • Brett Lyon

    Seller's Agent in 2020

    Brett Lyon

    Lyon Stahl Investment Real Estate, Inc.

    (310) 780-1899

    143 Total Sales

    Brett Lyon
    Section Image
  • Woody Stahl

    Seller Co-Listing Agent in 2020

    Woody Stahl

    Lyon Stahl Investment Real Est

    (310) 710-3829

    152 Total Sales

    Woody Stahl
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20138353

California Regional Multiple Listing Service (CRMLS)

APN: 8578-007-008

California Los Angeles County El Monte 91731 Northwest El Monte

3704 Baldwin Ave, El Monte, CA

Not Listed for Sale

MultiFamily

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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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