NOT LISTED FOR SALE
2 Beds
1 Bath
748 Sq Ft
7,559 Sq Ft Lot

Last Sold October 21, 2020

Last sale price $475,000 $635 Per Sq Ft

3 Days on Market

Highlights

  • City Lights View
  • No HOA
  • Central Air
  • Rosemead High School Rated A
  • Laundry Room
  • Gas Fireplace

About This Home

As of October 2020

Welcome to this INVESTOR SPECIAL offering a fully rented, Income Producing Single Family Residence! Located at 3924 Shirley Ave, nestled in one of the most desired pockets of El Monte, this rare opportunity won’t last long. This property proudly sits on a 7,559 sq. ft. Lot, and has an interior Sq. Footage of 748 feet! Equipped with 2 spacious Bedrooms & 1 beautiful Bathroom, this long-term rental can be a great investment property or someone's next forever home. We are also offering buyers the opportunity to purchase the Property next door at a discount if purchased together. The two lots have a combined sq. footage of 24,111 feet, and there is a potential to build up to 13 units on the land averaging 1,800 sq. ft. per unit. Both parcels of land should be eligible to apply for a General Plan Amendment as a zone change to unify the property as high density residential/R-4 Zone (Buyer and buyer’s agent to verify and do their own due diligence). The 2nd Property (parcel 8577-017-013) described as "3912 Shirley Ave. El Monte, CA 91731", currently has a a quadraplex, comprised of four 1-Bedroom 1-Bath units totaling approx. 2504 interior sq. ft. The Quadraplex is tenant occupied and has a gross monthly rental income of $4,920. Contact us to today to make this property your next forever home or Home-Run investment!

Last Agent to Sell the Property

William Bingley

William Bingley, Broker License #01940351 Listed on: 08/14/2020

Last Buyer's Agent

William Bingley

William Bingley, Broker License #01940351 Listed on: 08/14/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 7,559 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned EMR4YY

Parking

  • 2 Car Garage

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 748 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Features

  • Suburban Location
  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 170
  • Tax Tract Number 7007
  • Assessor Parcel Number 8577017012

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: EMR4YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8577017012
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 748.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Gas
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 635.03
  • Room Type: All Bedrooms Down

Exterior Features

  • View: City Lights, Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size: W. 50ft / S. 150ft / E. 50ft / N. 150ft
  • Lot Size Sq Ft: 7559.00
  • Lot Size Acres: 0.1735

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7559.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4328.02
  • Tax Lot: 170
  • Tax Tract Number: 7007

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
10/21/2020 10/21/20 Sold $475,000 0.0% $635 / Sq Ft
08/28/2020 08/28/20 Off Market $475,000 -- --
08/18/2020 08/18/20 Pending -- -- --
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
2024 $6,038 $424,483 $291,832 $132,651
2023 $5,927 $416,160 $286,110 $130,050
2022 $5,667 $408,000 $280,500 $127,500
2021 $1,853 $104,661 $45,330 $59,331
2019 $1,868 $101,559 $43,987 $57,572
2018 $1,792 $99,569 $43,125 $56,444
2016 $1,718 $95,704 $41,451 $54,253
2015 $1,699 $94,268 $40,829 $53,439
2014 $1,649 $92,423 $40,030 $52,393
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20163240

California Regional Multiple Listing Service (CRMLS)

APN: 8577-017-012