NOT LISTED FOR SALE

Estimated Value: $796,000 - $952,000

6 Beds
4 Baths
1,368 Sq Ft
$638/Sq Ft Est. Value

Last Sold July 31, 2012

Last sale price $316,000 $231 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $5,040/month

17 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Converted Bedroom
  • Rosemead High School Rated A
  • Tile Flooring
  • Wall Furnace

About This Home

As of July 2012

Agents, you MUST read and follow instructions on agent’s remarks. This is a great Duplex located in a very nice and quiet neighborhood of El Monte. It features 3 bedrooms 2 bathrooms in the front unit and 3 bedrooms 2 bathrooms in the back unit sitting on 7,000 square foot lot. Separte gas meters with plenty of privacy. It is located within a short distance to all shopping including transportation, restaurants, schools, parks, movie theaters, home depot, Starbucks, a few minutes away from the 10 freeway and easy access to the 605 freeway and approximately 25 minutes from Downtown Los Angeles. The location, the schools and the parks make this Duplex a great property to start a family with and/or start or grow your real estate portfolio. Don't miss the opportunity to own this property!! GSI, NOI and Cap Rate are estimates.

Last Agent to Sell the Property

Carlos Cabrera

BEVERLY & COMPANY, INC. License #01433234 Listed on: 06/01/2012

BEVERLY & COMPANY, INC.

Last Buyer's Agent

Frank Chai

KO TAI REALTY License #01320535

KO TAI REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 7,018

Parking

  • 1 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Additions or Alterations
  • Cosmetic Repairs Needed
  • Major Repairs Completed
  • Frame Construction
  • Stucco

Interior Spaces

  • 1,368 Sq Ft Home
  • Tile Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Converted Bedroom
  • 4 Bathrooms

Additional Features

  • 7,018 Sq Ft Lot
  • Urban Location
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 50
  • Tax Tract Number 7007
  • Assessor Parcel Number 8577013008

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,320
  • Trash Expense $600
  • Water Sewer Expense $1,050
  • New Taxes Expense $2,700
  • Gross Income $2,600
  • Net Operating Income $25,530

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • CapRate: 10.00
  • View: No
  • Water Sewer Expenses: 1050.00
  • Zoning: EMR4YY
  • Property Condition: Additions/Alterations, Repairs Cosmetic, Repairs Major
  • Property Type: Residential Income
  • Parcel Number: 8577013008
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 230.99
  • Room Type: Converted Bedroom

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Trash Expense: 600.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Size Sq Ft: 7018.00
  • Lot Size Acres: 0.1610

Multi Family

  • Gross Income: 2600.00
  • Gross Scheduled Income: 31200.00
  • Insurance Expense: 1320.00
  • Lot Size Area: 7018.0000 Square Feet
  • Net Operating Income: 25530.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 472.00
  • Rent Control: No
  • Total Actual Rent: 2600.00

Tax Info

  • New Taxes Expense: 2700.00
  • Tax Lot: 50
  • Tax Tract Number: 7007
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2015
Sold by
Chee Kok Kon and Teng Bee Lian
Bought by
Chee & Teng Family Trust
Current Estimated Value
$872,538

Purchase Details

Listed on
Jun 1, 2012
Closed on
Jul 11, 2012
Sold by
Nationstar Mortgage Llc
Bought by
Chee Kok K and Teng Bee L
Seller's Agent
Carlos Cabrera
BEVERLY & COMPANY, INC.
Buyer's Agent
Frank Chai
KO TAI REALTY
List Price
$264,000
Sold Price
$316,000
Premium/Discount to List
$52,000
19.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.86%

Purchase Details

Closed on
Apr 11, 2012
Sold by
Aurora Loan Services Llc
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Sep 26, 2011
Sold by
Ruvalcaba Julian and Ruvalcaba Beatriz
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Oct 24, 2005
Sold by
Ruvalcaba Julian
Bought by
Ruvalcaba Julian and Ruvalcaba Beatriz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2004
Sold by
Ruvalcaba Julian and Ruvalcaba Beatriz E
Bought by
Ruvalcaba Julian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
5.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 1997
Sold by
Loera Joe and Loera Maria
Bought by
Rubalcava Julian and Rubalcava Beatriz E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,002
Interest Rate
7.86%
Mortgage Type
FHA
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
Chee & Teng Family Trust -- None Available
Chee Kok K $316,000 Lsi Title Company
Nationstar Mortgage Llc $316,000 Lsi Title Company
Aurora Loan Services Llc $292,000 Accommodation
Ruvalcaba Julian -- Landsafe Title
Ruvalcaba Julian -- Ticor Title Company Of Ca
Rubalcava Julian $170,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ruvalcaba Julian $386,000
Previous Owner Ruvalcaba Julian $261,000
Previous Owner Rubalcava Julian $166,002
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2012 07/31/12 Sold $316,000 +19.7% $231 / Sq Ft
06/18/2012 06/18/12 Pending -- -- --
06/01/2012 06/01/12 For Sale $264,000 -- $193 / 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 $5,627 $389,118 $272,139 $116,979
2024 $5,627 $381,489 $266,803 $114,686
2023 $5,525 $374,010 $261,572 $112,438
2022 $5,289 $366,678 $256,444 $110,234
2021 $5,353 $359,489 $251,416 $108,073
2020 $5,331 $355,804 $248,839 $106,965
2019 $5,414 $348,828 $243,960 $104,868
2018 $5,280 $341,989 $239,177 $102,812
2016 $5,058 $328,712 $229,891 $98,821
2015 $5,003 $323,775 $226,438 $97,337
2014 $4,817 $317,434 $222,003 $95,431
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: M12069526

California Regional Multiple Listing Service (CRMLS)

APN: 8577-013-008