NOT LISTED FOR SALE

Estimated Value: $908,000 - $1,257,000

6 Beds
3 Baths
2,352 Sq Ft
$466/Sq Ft Est. Value

Last Sold November 12, 2015

Last sale price $668,900 $284 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $6,884/month

11 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Contemporary Architecture
  • Converted Garage
  • Rosemead High School Rated A
  • No HOA
  • 4-minute walk to Gibson Mariposa Park

About This Home

As of November 2015

Great opportunity to purchase these 3 units, Residential Income Multifamily in the city of El Monte. In a GREAT location. Each unit features 2 Bedrooms and 1 bath, with their own separate yard areas. Each unit also have their own covered 2 car port. Units are in good / average conditions, The front unit has a partial new roof, approximately 3 years old, the second unit has a new roof approximately 1 year old. The units have an extended long drive way for additional parking. These units are in a GREAT location, and will be easy to rent...Bring your buyers or Investors!

Last Agent to Sell the Property

Luis Sanchez

Coldwell Banker Top Team License #01716921 Listed on: 09/11/2015

Coldwell Banker Top Team

Last Buyer's Agent

Christopher Lee

Coldwell Banker Top Team License #01974252

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,069

Year Built

  • Built in 1937

Lot Details

  • 7,735 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • East Facing Home
  • Wood Fence
  • Block Wall Fence
  • Chain Link Fence
  • Density is 2-5 Units/Acre

Parking

  • 6 Car Garage
  • Converted Garage
  • Parking Available

Home Design

  • Contemporary Architecture
  • Cosmetic Repairs Needed
  • Permanent Foundation
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,352 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Window Screens
  • Atrium Doors
  • Entryway
  • Living Room
  • Built-In Range

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Halls are 36 inches wide or more
  • Customized Wheelchair Accessible
  • No Interior Steps
  • Accessible Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 189
  • Tax Tract Number 7007
  • Assessor Parcel Number 8577017024

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Electric Expense $2,160
  • Insurance Expense $1,080
  • Trash Expense $1,080
  • Water Sewer Expense $1,440
  • New Taxes Expense $6,424
  • Gross Income $12
  • Net Operating Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,069

Year Built

Built in 1937

Lot Details

0

Parking

6

Listing Details

  • Other Phone Description: 9517335646
  • Other Phone Number: 9517335646
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Security Lights, Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 1440.00
  • Architectural Style: Contemporary
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 8577017024
  • Year Built: 1937
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Vinyl
  • Accessibility Features: 36 Inch Or More Wide Halls, No Interior Steps, Parking, Customized Wheelchair Accessible
  • Appliances: Yes
  • Door Features: Atrium Doors
  • Levels: One
  • Price Per Square Foot: 284.40
  • Room Type: All Bedrooms Down, Entry, Living Room
  • Window Features: Blinds, Double Pane Windows, Screens

Exterior Features

  • Direction Faces: East
  • Foundation: Slab, Permanent
  • Exterior Features: Lighting
  • Fencing: Block, Chain Link, Wood
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Converted Garage
  • Total Parking Spaces: 14.00

Utilities

  • Utilities: Electricity Available, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Gas Cooktop, Gas Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup
  • Trash Expense: 1080.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7735.00
  • Price Per Lot Square Foot: 86.48
  • Lot Size Acres: 0.1780

Multi Family

  • Electric Expense: 2160.00
  • Gross Income: 12.00
  • Gross Scheduled Income: 30720.00
  • Insurance Expense: 1080.00
  • Lot Size Area: 7735.0000 Square Feet
  • Net Operating Income: 24000.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Number Wall A C: 3
  • Number With Carpet: 3
  • Number With Disposal: 3
  • Number With Drapes: 3
  • Number With Patio: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 6720.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 6424.00
  • Tax Lot: 189
  • Tax Tract Number: 7007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2020
Sold by
Lam Tuan and Hang Mai Tuyet
Bought by
Lam Tuan and Hang Mai T
Current Estimated Value
$1,096,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,500
Outstanding Balance
$392,686
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$789,580

Purchase Details

Closed on
Jun 2, 2016
Sold by
Lam Tuan and Hang Mai Tuyet
Bought by
Lam Tuan and Hang Mai T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$466,800
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 11, 2015
Closed on
Sep 28, 2015
Sold by
Cuevas Jose and Cuevas Luis
Bought by
Hang Mai Tuyet and Lam Tuan
Seller's Agent
Luis Sanchez
Coldwell Banker Top Team
Buyer's Agent
Christopher Lee
Coldwell Banker Top Team
List Price
$668,900
Sold Price
$668,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.98%
Original Mortgage
$468,230
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2006
Sold by
Cuevas Jose and Cuevas Luis
Bought by
Cuevas Jose and Cuevas Luis

Purchase Details

Closed on
Jul 28, 2005
Sold by
Cuevas Bertha
Bought by
Cuevas Jose and Cuevas Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
5.97%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 31, 2002
Sold by
Morillon Esequiel and Morillon Socorro
Bought by
Cuevas Luis and Cuevas Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.51%
Source: Public Records

Range of Values:

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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
Lam Tuan -- Pacific Coast Title Company
Lam Tuan -- Pacific Coast Title Company
Lam Tuan -- Equity Title Company
Lam Tuan -- Equity Title
Hang Mai Tuyet $669,000 Usa National Title
Cuevas Jose -- None Available
Cuevas Jose -- Stewart Title
Cuevas Luis -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lam Tuan $440,500
Closed Lam Tuan $466,800
Closed Hang Mai Tuyet $468,230
Previous Owner Cuevas Jose $308,000
Previous Owner Cuevas Luis $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2015 11/12/15 Sold $668,900 0.0% $284 / Sq Ft
09/22/2015 09/22/15 Pending -- -- --
09/11/2015 09/11/15 For Sale $668,900 -- $284 / 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 $11,069 $791,952 $532,705 $259,247
2024 $11,069 $776,424 $522,260 $254,164
2023 $10,869 $761,201 $512,020 $249,181
2022 $10,394 $746,277 $501,981 $244,296
2021 $10,537 $731,645 $492,139 $239,506
2020 $10,495 $724,144 $487,093 $237,051
2019 $10,665 $709,946 $477,543 $232,403
2018 $10,438 $696,027 $468,180 $227,847
2016 $10,338 $669,000 $450,000 $219,000
2015 $6,672 $435,518 $229,433 $206,085
2014 $6,425 $426,988 $224,939 $202,049
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR15201159

California Regional Multiple Listing Service (CRMLS)

APN: 8577-017-024