Ramon Sanchez
Century 21 Allstars
(562) 684-6070
171 Total Sales
2 in River East
$1,050,000 Price Range
3829 Penn Mar Ave El Monte, CA 91732
River East Neighborhood
7
Beds
5
Baths
4,420
Sq Ft
0.54
Acre Lot
Highlights
- 0.54 Acre Lot
- No HOA
- Park
About This Home
As of December 2021This is a Great investment property! 5 single story houses sitting on a huge 23,335 Sq. Ft. flat lot in the very desirable neighborhood of El Monte. Located across Zamora Park. Each house has its own front and back yard and is individually metered for electricity and gas. Unit # 3829 (2 Bed/2 Bath), Unit # 3829 1/2 ( 2 Bed/1 Bath, has its own garage), Unit # 3831 ( 3Bed/2 Bath, has its own attached garage), Unit # 3833 (3 Bed/2 Bath) and Unit # 3835 ( 2 Bed/1 Bath, has its own garage). There is also a storage building on the property. Plenty of open parking spaces. Current Zoning is R3 with a use code for Apartment. A great future redevelopment opportunity, including ADUs. Easy access to the 60, 10, and 605 freeways. Very low maintenance, along with excellent long-term paying tenants. Always at a 100% Occupancy Rate. Low GRM of 16.54. Please do not disturb the tenants.
Last Agent to Sell the Property
Century 21 Masters License #01229094 Listed on: 08/06/2021
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1956
Lot Details
- 23,335 Sq Ft Lot
- No Common Walls
- Density is 2-5 Units/Acre
Parking
- 6 Open Parking Spaces
- 6 Car Garage
Home Design
- 4,420 Sq Ft Home
Bedrooms and Bathrooms
- 7 Bedrooms
- 5 Bathrooms
Utilities
- Private Water Source
Listing and Financial Details
- Legal Lot and Block 10 / A
- Tax Tract Number 10911
- Assessor Parcel Number 8549035011
Community Details
Overview
- No Home Owners Association
- 5 Buildings
- 5 Units
Recreation
- Park
Building Details
- 5 Leased Units
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,188
- Trash Expense $2,521
- Water Sewer Expense $2,495
- New Taxes Expense $27,972
- Operating Expense $35,354
- Gross Income $108,840
- Net Operating Income $73,486
Home Values in the Area
Average Home Value in this Area
Agents Specializing in River East, CA
-
Ramon Sanchez
-
Mario Mariscal
Mario Mariscal
Better Homes and Gardens RE
(562) 471-4695
106 Total Sales
1 in River East
$640,000 Price
-
Grace Lin
Grace Lin
Century 21 Realty Masters
(424) 296-1651
17 Total Sales
1 in River East
$505,000 Price
-
Helen Wong
Helen Wong
Imax Realty & Mortgage Inc.
(626) 600-0370
26 Total Sales
1 in River East
$770,000 Price
-
Jared Nuñez
Jared Nuñez
Ambiance Realty
(562) 568-7742
145 Total Sales
1 in River East
$555,000 Price
-
Andro Chavez
Andro Chavez
Re/Pro Realty
(657) 366-5303
120 Total Sales
2 in River East
$500,000 Price Range
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/07/2021 12/07/21 | Sold | $1,800,000 | 0.0% | $407 / Sq Ft |
| 09/22/2021 09/22/21 | Pending | -- | -- | -- |
| 09/13/2021 09/13/21 | Price Changed | $1,800,000 | -2.7% | $407 / Sq Ft |
| 09/12/2021 09/12/21 | Price Changed | $1,850,000 | +2.8% | $419 / Sq Ft |
| 08/06/2021 08/06/21 | For Sale | $1,800,000 | -- | $407 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $28,110 | $1,910,174 | $1,337,122 | $573,052 |
| 2024 | $26,436 | $1,872,720 | $1,310,904 | $561,816 |
| 2023 | $26,020 | $1,836,000 | $1,285,200 | $550,800 |
| 2022 | $25,030 | $1,800,000 | $1,260,000 | $540,000 |
| 2021 | $13,021 | $822,878 | $374,642 | $448,236 |
| 2020 | $12,661 | $814,441 | $370,801 | $443,640 |
| 2019 | $12,647 | $798,473 | $363,531 | $434,942 |
| 2018 | $11,936 | $782,817 | $356,403 | $426,414 |
| 2016 | $10,984 | $752,420 | $342,564 | $409,856 |
| 2015 | $10,872 | $741,119 | $337,419 | $403,700 |
| 2014 | $10,676 | $726,603 | $330,810 | $395,793 |
Source: Public Records
Agents Affiliated with this Home
-
August Wen
Seller's Agent in 2021
August Wen
Century 21 Masters
(626) 688-7763
1 in this area
22 Total Sales
-
Alan Tran
Buyer's Agent in 2021
Alan Tran
KW Executive
(626) 255-7833
1 in this area
25 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV21173663
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.
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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