NOT LISTED FOR SALE

3848 Maxson Rd El Monte, CA 91732

River East Neighborhood

Estimated Value: $2,992,000 - $3,100,563

22 Beds
11 Baths
10,054 Sq Ft
$303/Sq Ft Est. Value

Last Sold June 01, 2017

Last sale price $2,000,000 $199 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $18,732/month

1 Day on Market

Highlights

  • 22,377 Sq Ft lot
  • Level Lot
  • 2-minute walk to Zamora Park

About This Home

As of June 2017

This property consists of 11 units in 5 separate buildings totaling 10,054 living square feet. Each unit consists of 2 bedrooms and bathroom. All tenants are on month-to-month lease. There are 14 parking spaces. It is surrounded by many newer PUD's. Strictly drive-by only. Please do NOT walk on the property. Do NOT disturb tenants. Offer is subject to inspection.

Last Agent to Sell the Property

Kea Luu

Keystar Realty License #01170210 Listed on: 04/19/2017

Last Buyer's Agent

Connie Lee

Keystar Realty License #01064953

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 0.51 Acre Lot
  • No Common Walls
  • Level Lot

Home Design

  • 10,054 Sq Ft Home

Bedrooms and Bathrooms

  • 22 Bedrooms
  • 11 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 8549018005

Community Details

Overview

  • 5 Buildings
  • 11 Units

Building Details

  • 12 Separate Electric Meters
  • 12 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: EMR3YY
  • Property Type: Residential Income
  • Parcel Number: 8549018005
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 198.93

Exterior Features

  • Pool Private: No

Utilities

  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 22377.00

Multi Family

  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 11
  • Rent Control: No

Tax Info

  • Tax Census Tract: 4333.06
  • Tax Lot: 0000
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2018
Sold by
Lam Wai Pan
Bought by
3848 Maxson Rd Holdings Llc
Current Estimated Value
$3,046,282

Purchase Details

Listed on
Apr 19, 2017
Closed on
May 22, 2017
Sold by
Ho Yue Cheung Chun and Ho Yue Sui Har
Bought by
Lam Wai Pan
Seller's Agent
Kea Luu
Keystar Realty
Buyer's Agent
Connie Lee
Keystar Realty
List Price
$2,090,000
Sold Price
$2,000,000
Premium/Discount to List
-$90,000
-4.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.03%
Original Mortgage
$1,000,000
Interest Rate
3.97%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 19, 2017
Closed on
May 9, 2017
Sold by
Huang Xue Fang
Bought by
Lam Wal Pan
Seller's Agent
Kea Luu
Keystar Realty
Buyer's Agent
Connie Lee
Keystar Realty
List Price
$2,090,000
Sold Price
$2,000,000
Premium/Discount to List
-$90,000
-4.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.97%
Mortgage Type
Commercial
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

Date Buyer Sale Price Title Company
3848 Maxson Rd Holdings Llc -- None Available
Lam Wai Pan $2,000,000 Wfg National Title Co Of Ca
Lam Wal Pan -- Wfg National Title Co Of Ca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lam Wai Pan $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2017 06/01/17 Sold $2,000,000 -4.3% $199 / Sq Ft
04/20/2017 04/20/17 Pending -- -- --
04/20/2017 04/20/17 For Sale $2,090,000 +4.5% $208 / Sq Ft
04/20/2017 04/20/17 Off Market $2,000,000 -- --
04/19/2017 04/19/17 For Sale $2,090,000 -- $208 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

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
2025 $33,266 $2,321,166 $928,467 $1,392,699
2024 $33,266 $2,275,654 $910,262 $1,365,392
2023 $32,746 $2,231,034 $892,414 $1,338,620
2022 $31,524 $2,187,289 $874,916 $1,312,373
2021 $32,256 $2,144,402 $857,761 $1,286,641
2020 $31,320 $2,288,880 $915,552 $1,373,328
2019 $31,282 $2,080,800 $832,320 $1,248,480
2018 $29,925 $2,040,000 $816,000 $1,224,000
2016 $17,669 $1,181,150 $621,659 $559,491
2015 $17,479 $1,163,409 $612,322 $551,087
2014 $17,172 $1,140,620 $600,328 $540,292
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Kea Luu

    Keystar Realty

    (626) 642-1800

    1 in this area

    10 Total Sales

    Kea Luu
    Section Image

  • C

    Buyer's Agent in 2017

    Connie Lee

    Keystar Realty

    (626) 674-5670

    3 Total Sales

    Connie Lee
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR17084310

California Regional Multiple Listing Service (CRMLS)

APN: 8549-018-005

California Los Angeles County El Monte 91732 River East

3848 Maxson Rd, El Monte, CA

Not Listed for Sale

MultiFamily

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