NOT LISTED FOR SALE

Estimated Value: $895,268 - $1,064,000

4 Beds
3 Baths
1,938 Sq Ft
$500/Sq Ft Est. Value

Last Sold January 22, 2016

Last sale price $550,000 $284 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $5,812/month

41 Days on Market

Highlights

  • Mountain View
  • Living Room
  • Tile Flooring
  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Wall Furnace

About This Home

As of January 2016

Investment & Development Opportunity: R3 Zoned Corner Lot 42’ x 196’ Lot (appx), centrally located in El Monte, 3 separate houses (2 units are 1 bedroom, 1 unit is a 2 bedroom) each unit has laundry hook ups with 2 driveways total, completely fenced lot, Mature Trees and a Yard for each home

Last Agent to Sell the Property

Arthur Alderete

RE/MAX TerraSol License #01281647 Listed on: 11/02/2015

RE/MAX TerraSol

Last Buyer's Agent

Arthur Alderete

RE/MAX TerraSol License #01281647 Listed on: 11/02/2015

RE/MAX TerraSol

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 7,929 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Raised Foundation

Interior Spaces

  • 1,938 Sq Ft Home
  • Living Room
  • Tile Flooring
  • Mountain Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Washer Hookup

Parking

  • 3 Parking Spaces
  • 3 Carport Spaces
  • Parking Available
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 11579
  • Assessor Parcel Number 8568023007

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $500
  • Insurance Expense $2,000
  • Trash Expense $700
  • Water Sewer Expense $1,000
  • New Taxes Expense $6,000
  • Operating Expense $11,000
  • Gross Income $2,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Attached: No
  • View: Yes
  • Water Sewer Expenses: 1000.00
  • Property Type: Residential Income
  • Parcel Number: 8568023007
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: No
  • Price Per Square Foot: 283.80
  • Room Type: Living Room

Exterior Features

  • Foundation: Raised
  • View: Mountain(s)
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts in Laundry
  • Heating Type: Wall Furnace
  • Laundry Features: Washer Hookup
  • Trash Expense: 700.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7929.00
  • Price Per Lot Square Foot: 69.37
  • Lot Size Acres: 0.1820

Multi Family

  • Average1 Bed Area: 600
  • Average2 Bed Area: 738
  • Electric Expense: 500.00
  • Gross Income: 2600.00
  • Gross Scheduled Income: 31200.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 7929.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Rent Control: No
  • Total Actual Rent: 2600.00
  • Total Expenses: 11000.00

Tax Info

  • New Taxes Expense: 6000.00
  • Tax Lot: 16
  • Tax Tract Number: 11579

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2024
Sold by
Ng Eddie Wa Ping and Luu Becky Binh
Bought by
Ng Family Revocable Trust and Ng
Current Estimated Value
$969,817

Purchase Details

Listed on
Nov 2, 2015
Closed on
Dec 16, 2015
Sold by
Lara Concepcion
Bought by
Ng Eddie Wa Ping and Luu Becky Binh Nguyet
Seller's Agent
Arthur Alderete
RE/MAX TerraSol
Buyer's Agent
Arthur Alderete
RE/MAX TerraSol
List Price
$508,888
Sold Price
$550,000
Premium/Discount to List
$41,112
8.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.83%

Purchase Details

Closed on
Nov 21, 2012
Sold by
Lara Concepcion
Bought by
Lara Concepcion
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
Ng Family Revocable Trust -- None Listed On Document
Ng Eddie Wa Ping $550,000 Provident Title Company
Lara Concepcion -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2016 01/22/16 Sold $550,000 +8.1% $284 / Sq Ft
12/13/2015 12/13/15 Pending -- -- --
11/02/2015 11/02/15 For Sale $508,888 -- $263 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,193 $651,082 $473,516 $177,566
2024 $9,193 $638,317 $464,232 $174,085
2023 $9,012 $625,802 $455,130 $170,672
2022 $8,682 $613,532 $446,206 $167,326
2021 $8,795 $601,503 $437,457 $164,046
2020 $8,770 $595,336 $432,972 $162,364
2019 $8,969 $583,664 $424,483 $159,181
2018 $8,794 $572,220 $416,160 $156,060
2016 $4,725 $294,069 $154,114 $139,955
2015 $4,668 $289,653 $151,800 $137,853
2014 $4,508 $283,980 $148,827 $135,153
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15238568

California Regional Multiple Listing Service (CRMLS)

APN: 8568-023-007