NOT LISTED FOR SALE

Estimated Value: $1,340,000 - $1,535,000

6 Beds
4 Baths
3,031 Sq Ft
$483/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $1,500,000 $495 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $9,092/month

Highlights

  • 0.56 Acre Lot
  • Laundry Room
  • 1-Story Property
  • No HOA
  • Central Heating

About This Home

As of July 2024

Welcome to 405 S 3rd, La Puente! This charming property offers a unique opportunity in the coveted Avocado Heights area. Situated on a sprawling 24,252 sq foot lot, this duplex exudes spaciousness and potential. Each unit features a comfortable layout with 3 bedrooms and 2 bathrooms, providing ample living space for residents. Whether you're an investor seeking rental income or a homeowner looking for a multi-generational living arrangement, this property offers versatility and convenience. Nestled within tree-lined streets, the neighborhood offers a serene ambiance and a sense of community. Residents will appreciate the tranquility and privacy afforded by the expansive lot size, perfect for outdoor enjoyment and relaxation. Additionally, the property includes a detached 2-car garage, providing convenient parking and storage space for occupants. Don't miss out on this rare opportunity to own a duplex in the desirable Avocado Heights area. Schedule your showing today and unlock the potential of this wonderful property!

Last Agent to Sell the Property

Joshua Glaz

The Ave Brokerage Phone: 562-413-9399 License #01856858 Listed on: 04/30/2024

Last Buyer's Agent

Joshua Glaz

The Ave Brokerage Phone: 562-413-9399 License #01856858 Listed on: 04/30/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,632

Year Built

  • Built in 1961

Lot Details

  • 0.56 Acre Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 3,031 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • Central Heating

Listing and Financial Details

  • Legal Lot and Block 8 / 12
  • Tax Tract Number 1343
  • Assessor Parcel Number 8112010009
  • $1,015 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1
  • Trash Expense $1
  • Water Sewer Expense $1
  • Operating Expense $1
  • Gross Income $1
  • Net Operating Income $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,632

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 700000
  • Property Attached: No
  • Water Sewer Expenses: 1.00
  • Zoning: LCR16500*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 8112010009
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: ground
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 494.89

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 24268.00
  • Lot Size Acres: 0.5571
  • Latitude Manual: 34.04044300

Multi Family

  • Gross Income: 1.00
  • Gross Scheduled Income: 1.00
  • Insurance Expense: 1.00
  • Lot Size Area: 24268.0000 Square Feet
  • Net Operating Income: 1.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 1.00
  • Rent Control: No
  • Total Expenses: 1.00

Tax Info

  • Tax Block: 12
  • Tax Census Tract: 4083.01
  • Tax Lot: 8
  • Tax Tract Number: 1343
  • TaxOtherAnnualAssessmentAmount: 1015.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2024
Sold by
Sanchez Carlos
Bought by
Lopez Verenice
Current Estimated Value
$1,463,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.69%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Apr 30, 2024
Closed on
Sep 18, 2024
Sold by
Sanchez Carlos
Bought by
Sanchez Carlos and Lopez Verenice
Seller's Agent
Joshua Glaz
The Ave
Buyer's Agent
Joshua Glaz
The Ave
List Price
$1,400,000
Sold Price
$1,500,000
Premium/Discount to List
$100,000
7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.26%
Original Mortgage
$1,194,000
Outstanding Balance
$1,184,540
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$278,526

Purchase Details

Listed on
Apr 30, 2024
Closed on
Jul 25, 2024
Sold by
Lopez Fernando
Bought by
Sanchez Carlos Eduardo
Seller's Agent
Joshua Glaz
The Ave
Buyer's Agent
Joshua Glaz
The Ave
List Price
$1,400,000
Sold Price
$1,500,000
Premium/Discount to List
$100,000
7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.87%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 17, 2022
Sold by
La Noria Properties Inc
Bought by
Lopez Fernando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$862,500
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2019
Sold by
La Noria Properties Inc
Bought by
La Noria Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
3.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 14, 2017
Sold by
Lopez Fernando
Bought by
La Noria Properties Inc and Primos Properties Inc

Purchase Details

Closed on
Aug 16, 2016
Sold by
Lopez Verenice
Bought by
Lopez Fernando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
3.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 8, 2016
Sold by
Rancho Gomez Llc
Bought by
Lopez Fernando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
3.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 16, 2010
Sold by
Gomez Raul
Bought by
Rancho Gomez Llc

Purchase Details

Closed on
Sep 4, 2007
Sold by
Benavides Felipe
Bought by
Gomez Raul

Purchase Details

Closed on
Jun 2, 2003
Sold by
Benavides Sandra
Bought by
Benavides Felipe

Purchase Details

Closed on
Apr 29, 2003
Sold by
Munoz Rafael
Bought by
Benavides Felipe

Purchase Details

Closed on
May 10, 2000
Sold by
Munoz Pauline G
Bought by
Munoz Rafael

Purchase Details

Closed on
Apr 17, 2000
Sold by
Marin Eddie and Marin Erlinda
Bought by
Munoz Rafael

Purchase Details

Closed on
May 28, 1998
Sold by
Marin Paul
Bought by
Marin Eddie and Marin Erlinda

Purchase Details

Closed on
Jan 9, 1995
Sold by
Marin Robert and Marin Alice L
Bought by
Marin Paul
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
Lopez Verenice -- California Best Title Company
Lopez Verenice -- California Best Title Company
Lopez Verenice -- California Best Title Company
Sanchez Carlos -- None Listed On Document
Sanchez Carlos Eduardo $1,500,000 Pacific Coast Title Company
Lopez Fernando -- Pacific Coast Title Company
Lopez Fernando -- Fidelity National Title
Lopez Fernando -- Fidelity National Title
La Noria Properties Inc -- First American Title
La Noria Properties Inc $765,000 None Available
Lopez Fernando -- Fidelity National Title Co
Lopez Fernando $660,000 Fidelity National Title Co
Rancho Gomez Llc -- None Available
Gomez Raul $600,000 United
Benavides Felipe -- Act
Benavides Felipe $350,000 Act
Munoz Rafael -- Chicago Title
Munoz Rafael $200,000 Chicago Title
Marin Eddie $105,000 Benefit Land Title
Marin Paul -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lopez Verenice $150,000
Open Lopez Verenice $1,194,000
Closed Lopez Verenice $0
Previous Owner Sanchez Carlos Eduardo $150,000
Previous Owner Sanchez Carlos Eduardo $975,000
Previous Owner Lopez Fernando $148,000
Previous Owner La Noria Properties Inc $166,000
Previous Owner Lopez Fernando $862,500
Previous Owner Lopez Fernando $136,665
Previous Owner La Noria Properties Inc $60,000
Previous Owner La Noria Properties Inc $50,000
Previous Owner La Noria Properties Inc $156,959
Previous Owner La Noria Properties Inc $728,000
Previous Owner La Moria Properties Inc $250,000
Previous Owner La Noria Properties Inc $300,000
Previous Owner La Noria Properties Inc $105,000
Previous Owner La Noria Properties Inc $100,000
Previous Owner Lopez Fernando $100,000
Previous Owner Lopez Fernando $460,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $1,500,000 +7.1% $495 / Sq Ft
04/30/2024 04/30/24 For Sale $1,400,000 -- $462 / Sq Ft
04/26/2024 04/26/24 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
2025 $13,632 $1,500,000 $975,000 $525,000
2024 $13,632 $1,009,188 $593,028 $416,160
2023 $11,407 $853,461 $543,614 $309,847
2022 $10,915 $836,727 $532,955 $303,772
2021 $10,721 $820,321 $522,505 $297,816
2020 $10,667 $811,911 $517,148 $294,763
2019 $10,455 $795,906 $514,998 $280,908
2018 $10,036 $780,300 $504,900 $275,400
2016 $8,051 $616,886 $373,379 $243,507
2015 $7,857 $607,621 $367,771 $239,850
2014 $7,480 $595,719 $360,567 $235,152
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24086107

California Regional Multiple Listing Service (CRMLS)

APN: 8112-010-009