NOT LISTED FOR SALE

3915 Penn Mar Ave El Monte, CA 91732

River East Neighborhood
8 Beds
5 Baths
3,768 Sq Ft
0.52 Acres

Last Sold December 16, 2016

Last sale price $970,000 $257 Per Sq Ft

136 Days on Market

Highlights

  • 22,437 Sq Ft lot
  • 5 Car Direct Access Garage
  • 1-Story Property
  • Ground Level Unit

About This Home

As of December 2016

Accepting Backup Offers. REDUCED! REDUCED! by $100k and now only $292/sf. GREAT FOR INVESTORS, DEVELOPERS, 1031-EXCHANGE BUYER, 5-UNIT PROPERTY MUST HAVE! DRIVE-BY ONLY! DO NOT DISTURB TENANTS! Sold As-Is. Motivated Sellers. Super Large 22k+ sf lot, Zoned R-3, Check with the City of El Monte. Great location, North of Freeway 10. Easy access to major Freeways 10, 60, 210, 605, less than 12 miles to DTLA. First time on the market in 30-yrs, all rents are well Below Market! Four separate houses on the lot. House #1 is 894 sf and 2+1; House #2 is 892 sf and 2+1; House #3 is 710 sf and 2+1; House #4 is Duplex with 1,272 sf and one unit is 2+1 and second unit is single 0+1. Structure sizes are per public record, buyer to verify.

Last Agent to Sell the Property

Marjan Janjic

Brentwood Realty Group, Inc. License #01462835 Listed on: 05/10/2016

Last Buyer's Agent

GEORGE WANG

License #00921302

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 75x300

Interior Spaces

  • 3,768 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Parking

  • 5 Car Direct Access Garage
  • Driveway
  • Assigned Parking

Location

  • Ground Level Unit

Community Details

  • 4 Buildings
  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 8549-035-016

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Ground Level
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 3768
  • Lot Dimensions: 75x300
  • Probate: No
  • Stories: 1
  • Year Built: 1953
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 5.00
  • Price Per S Q F T: 291.93

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Assigned, Direct Entrance, Driveway
  • Total Parking: 5

Lot Info

  • Assessed Improvement Value: 259592
  • Assessed Land Value: 173586
  • Assessor Parcel Number: 8549-035-016
  • Geocode Override: No
  • Lot Size Area: 22437

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 25.00
  • Number Of Units: 5
  • Type Of Units: Occupied

Range of Values:

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Value Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2016 12/16/16 Sold $970,000 -11.8% $257 / Sq Ft
09/13/2016 09/13/16 Price Changed $1,100,000 -4.3% $292 / Sq Ft
06/08/2016 06/08/16 Price Changed $1,150,000 -4.2% $305 / Sq Ft
05/10/2016 05/10/16 For Sale $1,200,000 -- $318 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Marjan Janjic

    Brentwood Realty Group, Inc.

    (310) 600-2436

    9 Total Sales

    Marjan Janjic
    Section Image

  • G

    Buyer's Agent in 2016

    GEORGE WANG

See All Agents

Map

Source: The MLS

MLS Number: 16-124032

The MLS
California Los Angeles County El Monte 91732 River East

3915 Penn Mar Ave, El Monte, CA

Not Listed for Sale

MultiFamily

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