NOT LISTED FOR SALE

Estimated Value: $1,775,000 - $2,031,000

13 Beds
9 Baths
4,915 Sq Ft
$385/Sq Ft Est. Value

Last Sold April 17, 2020

Last sale price $1,930,000 $393 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $12,100/month

56 Days on Market

Highlights

  • 0.52 Acre Lot
  • No HOA
  • Laundry Room

About This Home

As of April 2020

Back on market!!! This beautiful four separate home sits on 22,703 square feet a big lot. The house on 3908 and 3914 are addition and remodeled with permits in 2008. The house on 3910 and 3912 are built-in 2013. The house number 3908, 3910 and 3912 all with 3 bedrooms 2 baths and 2 car garage on each house. House number 3914 with 4 bedrooms 3 baths and 2 car garage. All four homes have own address and utilities and are in well maintenance excellent condition. Long term tenants. Fully occupy no vacancy. Tenants pay water, electricity, gas, and phone. The landlord pays trash and gardener. The buyer shall verify with the city of El Monte regards permits and satisfy all the information prior to submit the offer.
The current rent is low due to long term tenants. Good potential. Great investment with easy management.

Last Agent to Sell the Property

Steven Shih

KO TAI REALTY License #00905902 Listed on: 02/12/2020

KO TAI REALTY

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2013

Lot Details

  • 0.52 Acre Lot
  • No Common Walls

Parking

  • 8 Car Garage

Home Design

  • 4,915 Sq Ft Home

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 9 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas, telephone, water
  • Legal Lot and Block 5 / A
  • Tax Tract Number 10911
  • Assessor Parcel Number 8549035006

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gardener Expense $720
  • Insurance Expense $3,500
  • Trash Expense $1,240
  • New Taxes Expense $20,000
  • Operating Expense $25,460
  • Gross Income $93,000
  • Net Operating Income $67,540

Property Details

Home Type

Multi-Family

Year Built

Built in 2013

Lot Details

0.52 Acres

Parking

8

Listing Details

  • Property Attached: No
  • Zoning: EMR3YY
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 8549035006
  • Year Built: 2013
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 392.68

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 1240.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 22703.00
  • Lot Size Acres: 0.5212

Rental Info

  • Tenant Pays: Electricity, Gas, Telephone, Water

Multi Family

  • Gross Income: 93000.00
  • Gross Scheduled Income: 93000.00
  • Insurance Expense: 3500.00
  • Lot Size Area: 22703.0000 Square Feet
  • Net Operating Income: 67540.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 25460.00
  • Rent Control: Yes
  • Total Actual Rent: 7750.00
  • Total Expenses: 25460.00

Tax Info

  • New Taxes Expense: 20000.00
  • Tax Block: A
  • Tax Census Tract: 4333.05
  • Tax Lot: 5
  • Tax Tract Number: 10911

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2020
Sold by
Huynh Louisa
Bought by
Chong Ha A
Current Estimated Value
$1,891,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$710,000
Outstanding Balance
$652,009
Interest Rate
5.12%
Mortgage Type
New Conventional
Estimated Equity
$1,238,991

Purchase Details

Closed on
Sep 10, 2020
Sold by
Grand Central Investment Llc
Bought by
Chong Ha A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$710,000
Outstanding Balance
$652,009
Interest Rate
5.12%
Mortgage Type
New Conventional
Estimated Equity
$1,238,991

Purchase Details

Listed on
Feb 12, 2020
Closed on
Apr 10, 2020
Sold by
La Bae Investment Llc
Bought by
Grand Central Investment Llc
Seller's Agent
Steven Shih
KO TAI REALTY
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$2,000,000
Sold Price
$1,930,000
Premium/Discount to List
-$70,000
-3.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.35%

Purchase Details

Closed on
Aug 9, 2013
Sold by
Dula Lahenry and Dula Mindy
Bought by
La Bae Investment Llc

Purchase Details

Listed on
Jun 25, 2012
Closed on
Jul 24, 2012
Sold by
Dang Philip P and Dang Phllip P
Bought by
Dula Lahenry and Dula Mindy
Seller's Agent
Julie Nguyen
Triumph Real Estate Solutions
Buyer's Agent
Peter Lam
IRN REALTY
List Price
$999,900
Sold Price
$990,000
Premium/Discount to List
-$9,900
-0.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.91%

Purchase Details

Closed on
Jun 6, 2012
Sold by
Dang Suzanne Xuan
Bought by
Dang Phillip P

Purchase Details

Closed on
Jun 5, 2012
Sold by
Dang Ryan
Bought by
Dang Phillip P

Purchase Details

Closed on
Dec 21, 2010
Sold by
Dang Philip P
Bought by
Dang Ryan

Purchase Details

Closed on
Apr 7, 2006
Sold by
Dang Suzanne Xuan
Bought by
Dang Philip P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.3%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 23, 2006
Sold by
Lazo Baltazar Robert
Bought by
Dang Philip P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.3%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 22, 2005
Sold by
Mejia Jaime Gallo and Mejia Maria R
Bought by
Lazo Beatriz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Chong Ha A -- Provident Title Company
Chong Ha A $585,000 Provident Title Company
Grand Central Investment Llc $1,930,000 Property Id Title Company
La Bae Investment Llc -- Accommodation
Dula Lahenry $990,000 Pacific Coast Title Company
Dang Phillip P -- Pacific Coast Title Company
Dang Phillip P -- Accommodation
Dang Ryan -- Accommodation
Dang Ryan -- Accommodation
Dang Philip P -- Fidelity National Title Co
Dang Philip P $870,000 Fidelity National Title Co
Lazo Baltazar Robert -- Fidelity National Title Co
Lazo Baltazar Robert -- Fidelity National Title Co
Lazo Beatriz $750,000 Fidelity National Title Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chong Ha A $710,000
Previous Owner Dang Philip P $600,000
Previous Owner Lazo Beatriz $525,000
Closed Lazo Beatriz $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/17/2020 04/17/20 Sold $1,930,000 -3.5% $393 / Sq Ft
04/08/2020 04/08/20 Pending -- -- --
02/12/2020 02/12/20 For Sale $2,000,000 +102.0% $407 / Sq Ft
08/29/2012 08/29/12 Sold $990,000 -1.0% $276 / Sq Ft View Prior Sale
07/24/2012 07/24/12 Pending -- -- --
06/25/2012 06/25/12 For Sale $999,900 -- $279 / 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 $28,293 $2,089,090 $1,462,364 $626,726
2024 $28,293 $2,048,129 $1,433,691 $614,438
2023 $27,839 $2,007,971 $1,405,580 $602,391
2022 $26,757 $1,978,800 $1,183,200 $795,600
2021 $27,461 $1,930,000 $1,351,000 $579,000
2020 $20,561 $1,449,126 $807,553 $641,573
2019 $20,541 $1,420,713 $791,719 $628,994
2018 $19,595 $1,392,857 $776,196 $616,661
2016 $18,040 $1,338,772 $746,056 $592,716
2015 $17,851 $1,318,663 $734,850 $583,813
2014 $17,350 $994,494 $552,497 $441,997
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS20031937

California Regional Multiple Listing Service (CRMLS)

APN: 8549-035-006

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