Mike Chou
K.W. EXECUTIVE
(626) 653-4295
171 Total Sales
1 in Norwood Cherrylee
$650,000 Price
4574 La Madera Ave El Monte, CA 91732
Norwood Cherrylee Neighborhood
7
Beds
3
Baths
2,856
Sq Ft
0.44
Acre Lot
Highlights
- 0.44 Acre Lot
- Tile Flooring
- Wall Furnace
- Living Room
- 5 Car Garage
- Front Yard
About This Home
As of September 2025Prime Location, 3 Unit rental property in El Monte. For sale there are three units including 3 separate detached garage. On a large 19,015 square foot lot in the heart of a very popular rental market. All three units are currently rented to long-term tenants at below market rates. Take advantage of the opportunity to add value with rent increases and make some renovations. 3 Garages, allowing for the possibility of converting it into livable space, further increasing cash flow without disrupting the current tenants’ parking. Adding an ADU/JADU can add tremendous value. All three units are separate meters and have ample parking space. This property is easy to operate and has huge upside potential. First time on the market in decades! Don't miss the chance to invest in this prime location!
Last Agent to Sell the Property
UPTOWN REALTORS Brokerage Phone: 323-833-1957 License #01785286 Listed on: 05/29/2025
Last Buyer's Agent
General NONMEMBER
NONMEMBER MRML
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1937
Lot Details
- 19,020 Sq Ft Lot
- No Common Walls
- Front Yard
- Density is up to 1 Unit/Acre
Parking
- 5 Car Garage
- Parking Available
- Combination Of Materials Used In The Driveway
Home Design
- Triplex
- Entry on the 1st floor
Interior Spaces
- 2,856 Sq Ft Home
- 1-Story Property
- Living Room
- Laundry in Garage
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Bathrooms
Utilities
- Cooling Available
- Wall Furnace
Additional Features
- Exterior Lighting
- Suburban Location
Listing and Financial Details
- Legal Lot and Block 8 / D
- Tax Tract Number 11268
- Assessor Parcel Number 8547022009
- $1,099 per year additional tax assessments
Community Details
Overview
- 3 Buildings
- 3 Units
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 3 Separate Water Meters
- Insurance Expense $3,500
- Trash Expense $1,300
- Water Sewer Expense $3,000
- Operating Expense $9,600
- Gross Income $3,700
- Net Operating Income $2,700
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 10, 2025
Sold by
Bought by
Current Estimated Value
Purchase Details
Listed on
May 29, 2025
Closed on
Sep 5, 2025
Sold by
Bought by
Seller's Agent
Elizabeth Montes
UPTOWN REALTORS
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$1,160,000
Sold Price
$1,160,000
Views
21
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.45%
Original Mortgage
$880,000
Interest Rate
6.58%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 30, 2011
Sold by
Bought by
Purchase Details
Closed on
Jul 23, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 22, 2003
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Norwood Cherrylee, CA
-
Mike Chou
-
Nicola Speranta
Nicola Speranta
Compass
(323) 310-3215
100 Total Sales
1 in Norwood Cherrylee
$750,000 Price
-
Kiran Locke
Kiran Locke
Surfside-Anacapa Real Estate
(805) 394-2908
107 Total Sales
1 in Norwood Cherrylee
$1,360,000 Price
-
Joanne Nelson
Joanne Nelson
Equity Union Real Estate
(805) 409-9360
33 Total Sales
2 in Norwood Cherrylee
$1,200,000 Price Range
-
Leslie Cross
Leslie Cross
Townsquare Real Estate Partners Inc.
(626) 657-2932
28 Total Sales
1 in Norwood Cherrylee
$785,000 Price
-
Federico Triebel
Federico Triebel
Federico J. Triebel
(747) 998-0333
24 Total Sales
1 in Norwood Cherrylee
$840,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Listed On Document | |
| Grant Deed | $1,100,000 | California Best Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $520,000 | Fidelity National Title | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $880,000 | New Conventional | |
| Previous Owner | $468,000 | Purchase Money Mortgage |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/30/2025 09/30/25 | Sold | $1,160,000 | 0.0% | $406 / Sq Ft |
| 06/11/2025 06/11/25 | Pending | -- | -- | -- |
| 05/29/2025 05/29/25 | For Sale | $1,160,000 | -- | $406 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $8,476 | $521,376 | $405,522 | $115,854 |
| 2024 | $7,775 | $511,154 | $397,571 | $113,583 |
| 2023 | $7,628 | $501,132 | $389,776 | $111,356 |
| 2022 | $7,360 | $491,307 | $382,134 | $109,173 |
| 2021 | $7,439 | $481,675 | $374,642 | $107,033 |
| 2020 | $7,417 | $476,737 | $370,801 | $105,936 |
| 2019 | $7,576 | $467,390 | $363,531 | $103,859 |
| 2018 | $7,319 | $458,226 | $356,403 | $101,823 |
| 2016 | $7,015 | $440,434 | $342,564 | $97,870 |
| 2015 | $6,935 | $433,819 | $337,419 | $96,400 |
| 2014 | $6,689 | $425,322 | $330,810 | $94,512 |
Source: Public Records
Agents Affiliated with this Home
-
Elizabeth Montes
Seller's Agent in 2025
Elizabeth Montes
UPTOWN REALTORS
(562) 789-4663
2 in this area
20 Total Sales
-
G
Buyer's Agent in 2025
General NONMEMBER
NONMEMBER MRML
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: MB25120192
APN: 8547-022-009
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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