$769,000

3827 Pine Ave El Monte, CA 91731

Norwood Cherrylee Neighborhood

Estimated payment $4,723/month

Total Views 13,905
5 Beds
3 Baths
1,932 Sq Ft
$398 Price per Sq Ft

Highlights

  • Corner Lot
  • Two Homes on a Lot
  • 1 Car Garage
  • Arroyo High School Rated A-
  • Laundry Room
  • 1-Story Property

About This Home

Here is an exceptional investment opportunity comprising two tenant-occupied units in El Monte, California. One unit has 3 beds/1.5 baths with an attached garage and the other unit has 2 beds/1 bath and a gated driveway. This property offers immediate cash flow with established tenants in place, providing a stable income stream from day one. You can also live in one and rent out the other. Strategically located within a high-demand rental market, the units benefit from proximity to major freeways, El Monte Transit Center, San Gabriel Valley Airport, commercial centers, local amenities and just a few minutes drive to DTLA. With ongoing rental income and strong market fundamentals, these units represent a solid addition to any real estate portfolio.

Listing Agent

Henry Suarez

KW Covina Brokerage Phone: 626-664-3679 License #01387979 Listed on: 05/27/2025

KW Covina

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,566

Year Built

  • Built in 1941

Lot Details

  • 4,223 Sq Ft Lot
  • No Common Walls
  • Corner Lot
  • Rectangular Lot
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,932 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Utilities

  • Natural Gas Connected
  • Water Heater

Additional Features

  • Exterior Lighting
  • Two Homes on a Lot

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 11579
  • Assessor Parcel Number 8568023015
  • $618 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,500
  • Other Expense $5,566
  • Operating Expense $7,066
  • Gross Income $36,000
  • Net Operating Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,566

Year Built

Built in 1941

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Price Per Unit: 384500
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Zoning: EMR3YY
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 8568023015
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 398.03
  • Room Type: Laundry, Living Room

Exterior Features

  • Other Structures: Two On A Lot
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Appliances: Water Heater
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Rectangular Lot
  • Lot Size Sq Ft: 4223.00
  • Lot Size Acres: 0.0969

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 36000.00
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 4223.0000 Square Feet
  • Net Operating Income: 36000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 5566.00
  • Other Expense: 5566.00
  • Other Expense Description: Taxes
  • Rent Control: No
  • Total Actual Rent: 300009.00
  • Total Expenses: 7066.00

Tax Info

  • Tax Census Tract: 4327.00
  • Tax Lot: 20
  • Tax Tract Number: 11579
  • Tax Annual Amount: 5566.00
  • TaxOtherAnnualAssessmentAmount: 618.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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
2024 $7,884 $556,647 $352,929 $203,718
2023 $7,728 $545,733 $346,009 $199,724
2022 $7,017 $493,734 $324,274 $169,460
2021 $7,002 $484,054 $317,916 $166,138
2020 $6,982 $479,092 $314,657 $164,435
2019 $7,143 $469,699 $308,488 $161,211
2018 $7,017 $460,490 $302,440 $158,050
2016 $6,728 $442,610 $290,697 $151,913
2015 $6,652 $435,963 $286,331 $149,632
2014 $6,393 $427,424 $280,723 $146,701
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2025 05/27/25 For Sale $769,000 -- $398 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Gift Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- None Available
Corporate Deed $93,500 First American Title Co
Trustee Deed $113,054 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $450,000 New Conventional
Previous Owner $235,800 New Conventional
Previous Owner $261,990 Unknown
Previous Owner $175,000 Unknown
Previous Owner $0 Credit Line Revolving
Previous Owner $84,150 Seller Take Back
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR25114552

California Regional Multiple Listing Service (CRMLS)

APN: 8568-023-015

California Los Angeles County El Monte 91731 Norwood Cherrylee

3827 Pine Ave, El Monte, CA

This home is located at 3827 Pine Ave, El Monte, CA 91731 and is currently priced at $769,000, approximately $398 per square foot. This property was built in 1941. 3827 Pine Ave is a home located in Los Angeles County with nearby schools including Legore Elementary School, Wright Elementary School, and Arroyo High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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Henry Suarez
Listing Agent
Henry Suarez
Section Image
KW Covina
(626) 628-2473