Seller's Agent in 2018
Rudy Kusuma
LPT Realty, Inc
(626) 899-5120
175 Total Sales
3843 Velma Ave El Monte, CA 91731
Northwest El Monte NeighborhoodEstimated Value: $835,000 - $1,137,000
3
Beds
2
Baths
1,388
Sq Ft
$727/Sq Ft
Est. Value
Highlights
- Lawn
- Rosemead High School Rated A
- Laundry Room
About This Home
As of June 2018Excellent Cash Flowing property! Side by side detached duplex located in a desirable area of El Monte. Each of units has it's own gate, yard, and a 1-car garage which makes it feels like 2 single family homes. One unit is a 2 bedroom and 1 bathroom home and rents $1,500 per month. Other unit is a 1 bedroom and 1 bathroom home and rents for $1,150/mo. 4/3% CAP. Low maintenance. Excellent Location. Near to schools, freeway, transportation, and shopping centers. This one will go fast.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1931
Lot Details
- 8,112 Sq Ft Lot
- No Common Walls
- Lawn
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
Home Design
- 1,388 Sq Ft Home
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
Listing and Financial Details
- Tax Lot 33
- Tax Tract Number 4328
- Assessor Parcel Number 8577020009
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $643
- Other Expense $720
- New Taxes Expense $4,874
- Operating Expense $6,237
- Gross Income $31,800
- Net Operating Income $25,563
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 23, 2019
Sold by
Leeway Jennifer
Bought by
Charming Garden Development Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$458,500
Outstanding Balance
$414,821
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$593,855
Purchase Details
Closed on
Aug 20, 2018
Sold by
Leeway Jennifer
Bought by
3843 Velm Ave Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,000
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Feb 27, 2018
Sold by
Wen Tien Chiang
Bought by
Annie & Coco Investments Llc
Purchase Details
Closed on
Aug 6, 2011
Sold by
Wen Dong Mei
Bought by
Wen Tien Chiang
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
4.46%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 12, 2010
Sold by
Onewest Bank Fsb
Bought by
Wen Tien Chiang
Purchase Details
Closed on
Feb 10, 2010
Sold by
Federal Deposit Insurance Corporation
Bought by
Onewest Bank Fsb
Purchase Details
Closed on
Aug 17, 2009
Sold by
Garcia Sergio
Bought by
First Federal Bank Of California
Purchase Details
Closed on
Dec 6, 2005
Sold by
Garcia Yolanda
Bought by
Garcia Sergio
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 23, 2005
Sold by
Davalos Manuel G and Davalos Maria L
Bought by
Garcia Sergio
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 23, 2002
Sold by
Davalos Manuel G and Davalos Maria L
Bought by
Davalos Manuel G and Davalos Maria L
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Charming Garden Development Llc | -- | Accommodation | |
| Leeway Jennifer | -- | Westminster Title Company | |
| 3843 Velm Ave Llc | -- | Westminster Title Company | |
| Leeway Jennifer | -- | Westminster Title Company | |
| Annie & Coco Investments Llc | $590,000 | First American Title Company | |
| Wen Tien Chiang | -- | Chicago Title Company | |
| Wen Tien Chiang | -- | None Available | |
| Onewest Bank Fsb | -- | None Available | |
| First Federal Bank Of California | $320,000 | Accommodation | |
| Garcia Sergio | -- | Ticor Title San Bernardino | |
| Garcia Sergio | -- | Ticor Title San Bernardino | |
| Davalos Manuel G | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Leeway Jennifer | $458,500 | |
| Previous Owner | Leeway Jennifer | $307,000 | |
| Previous Owner | Wen Tien Chiang | $238,000 | |
| Previous Owner | Garcia Sergio | $360,000 | |
| Previous Owner | Garcia Sergio | $360,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/15/2018 06/15/18 | Sold | $590,000 | -1.7% | $425 / Sq Ft |
| 02/22/2018 02/22/18 | Pending | -- | -- | -- |
| 02/09/2018 02/09/18 | For Sale | $600,000 | -- | $432 / 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 | $12,291 | $894,087 | $625,645 | $268,442 |
| 2024 | $12,291 | $876,557 | $613,378 | $263,179 |
| 2023 | $11,838 | $859,370 | $601,351 | $258,019 |
| 2022 | $11,307 | $842,520 | $589,560 | $252,960 |
| 2021 | $8,768 | $620,194 | $310,097 | $310,097 |
| 2020 | $8,732 | $613,836 | $306,918 | $306,918 |
| 2019 | $8,877 | $601,800 | $300,900 | $300,900 |
| 2018 | $5,085 | $328,988 | $192,856 | $136,132 |
| 2017 | $4,976 | $322,538 | $189,075 | $133,463 |
| 2016 | $4,874 | $316,215 | $185,368 | $130,847 |
| 2015 | $4,821 | $311,466 | $182,584 | $128,882 |
| 2014 | $4,643 | $305,366 | $179,008 | $126,358 |
Source: Public Records
Agents Affiliated with this Home
-
Rudy Kusuma
-
Kyle Ngo
Seller Co-Listing Agent in 2018
Kyle Ngo
eXp Realty of California Inc
(626) 215-2368
1 in this area
46 Total Sales
-
Kerri Mekdara
K
Buyer Co-Listing Agent in 2018
Kerri Mekdara
eXp Realty of California Inc
(818) 357-8447
6 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS18032020
APN: 8577-020-009
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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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