NOT LISTED FOR SALE

3830 Durfee Ave El Monte, CA 91732

River East Neighborhood

Estimated Value: $1,468,000 - $1,720,028

10 Beds
6 Baths
4,546 Sq Ft
$354/Sq Ft Est. Value

Sale Details

Date Sold: July 22, 2016

Last sale price $1,060,000 $233 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $10,228 / mo

6 Days on Market

Highlights

  • 21,870 Sq Ft lot
  • No HOA
  • Front Yard

About This Home

As of July 2016

Multi-Family investment property in El Monte, CA. Offered at a 5% capitalization rate, this fully occupied quadruplex property generates a positive rate of return with rental upside perfect for a 1031 exchange, first time investment property or an owner-user buyer.

Situated on approximately 21,869 sqft (0.5 acre) with major street access from Durfee Avenue between Ramona Blvd and I-10 at Garvey Avenue, this property includes four freestanding single story units with individual laundry hook ups and three two-car garages to total ten bedrooms and 6 bathrooms.

Located in a dense infill suburban market located 0/5 miles north of I-10 freeway, near the 605 freeway interchange, this area in El Monte is an excellent locale for continued rental demand

Last Agent to Sell the Property

Luis Sequeira

RE/MAX MASTERS REALTY License #01206477 Listed on: 03/30/2016

RE/MAX MASTERS REALTY

Last Buyer's Agent

Dennis Wat

HOMEQUEST REAL ESTATE License #01908155

HOMEQUEST REAL ESTATE

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 21,870 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 6 Car Garage

Home Design

  • 4,546 Sq Ft Home

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 1109
  • Tax Tract Number 1
  • Assessor Parcel Number 8549005001

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $2,000
  • Trash Expense $1,200
  • New Taxes Expense $13,483
  • Gross Income $5,625
  • Net Operating Income $48,597

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0.5 Acres

Parking

6

Listing Details

  • CapRate: 5.00
  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 8549005001
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 233.17

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 21870.00
  • Price Per Lot Square Foot: 48.47

Multi Family

  • Gross Income: 5625.00
  • Gross Scheduled Income: 67500.00
  • Insurance Expense: 2000.00
  • Net Operating Income: 48597.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 18903.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 13483.00
  • Tax Lot: 1109
  • Tax Tract Number: 1

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2016
Sold by
Bought by
Current Estimated Value
$1,610,007

Purchase Details

Closed on
Feb 24, 1997
Sold by
Bought by

Purchase Details

Closed on
Sep 23, 1996
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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 Buyer Sale Price Title Company
$1,060,000 Orange Coast Title Co Socal
-- --
-- --
-- --
-- --
-- --
Source: Public Records

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
07/22/2016 07/22/16 Sold $1,060,000 +9.3% $233 / Sq Ft
04/05/2016 04/05/16 Pending -- -- --
03/30/2016 03/30/16 For Sale $970,000 -- $213 / 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 $18,581 $1,230,214 $812,407 $417,807
2024 $17,276 $1,206,093 $796,478 $409,615
2023 $17,003 $1,182,445 $780,861 $401,584
2022 $16,359 $1,159,260 $765,550 $393,710
2021 $16,757 $1,136,531 $750,540 $385,991
2020 $16,262 $1,124,879 $742,845 $382,034
2019 $16,245 $1,102,824 $728,280 $374,544
2018 $15,447 $1,081,200 $714,000 $367,200
2016 $2,217 $97,907 $29,379 $68,528
2015 $2,191 $96,437 $28,938 $67,499
2014 $2,188 $94,549 $28,372 $66,177
Source: Public Records

Agents Affiliated with this Home

  • Luis Sequeira

    Seller's Agent in 2016

    Luis Sequeira

    RE/MAX

    (626) 826-5988

    76 Total Sales

    Luis Sequeira
    Section Image

  • D

    Buyer's Agent in 2016

    Dennis Wat

    HOMEQUEST REAL ESTATE

    (626) 967-1779

    2 Total Sales

    Dennis Wat
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV16065641

California Regional Multiple Listing Service (CRMLS)

APN: 8549-005-001

California Los Angeles County El Monte 91732 River East

3830 Durfee Ave, El Monte, CA

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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