$520,000
SOLD DEC 12, 2014

4630 Santa Anita Ave El Monte, CA 91731

Norwood Cherrylee Neighborhood
4 Beds
3 Baths
2,198 Sq Ft
10,000 Sq Ft Lot

Recently Sold

$237 Per Sq Ft

10% Below List Price

103 Days on Market

About This Home

As of December 2014

Subject property situates in a very good location of El Monte. Total 3 units on the lot. Front unit #4630 is a 420 sqft office with a restroom. Middle unit #4634 is a 778 sqft one bed (current use as 2 bedrooms) & one bath residential house. Rear unit #4636 is a 1000 sqft two bed & one bath residential house with its own front and back yard and attached one car garage, like a single family house. It has additional 7 cars open parking spaces. Current rents are significantly below market with tremendous upside potential. Huge lot, around 10,000 sqft , commercial zoning. Many office structures are next to the property. It has excellent exposure on Santa Anita Ave and over 20,000 vehicle traffic counts daily. It has an outstanding redevelopment opportunity to have your customized office/retail building. All information deems reliable but not guaranteed, buyer shall verify with City.

Last Agent to Sell the Property

Doresa Wang

Pinnacle Real Estate Group License #01523172 Listed on: 08/15/2014

Pinnacle Real Estate Group

Co-Listed By

Hubert King

Treeline Realty & Investment License #00553474

Last Buyer's Agent

OLGA CASTILLO

CENTURY 21 KING License #01761686

CENTURY 21 KING

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 10,000 Sq Ft Lot
  • No Common Walls
  • Density is 11-15 Units/Acre

Parking

  • 1 Car Garage

Home Design

  • 2,198 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 4324
  • Assessor Parcel Number 8570005012

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $636
  • Maintenance Expense $1,212
  • Trash Expense $300
  • Water Sewer Expense $972
  • New Taxes Expense $7,225
  • Gross Income $2,850
  • Net Operating Income $23,855

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 972.00
  • Property Type: Residential Income
  • Parcel Number: 8570005012
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 236.58

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 8.00

Utilities

  • Sewer: Unknown
  • Trash Expense: 300.00

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 10000.00
  • Lot Size Acres: 0.2300

Multi Family

  • Gross Income: 2850.00
  • Gross Scheduled Income: 34200.00
  • Insurance Expense: 636.00
  • Lot Size Area: 10000.0000 Square Feet
  • Maintenance Expense: 1212.00
  • Net Operating Income: 23855.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 10345.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 7225.00
  • Tax Lot: 14
  • Tax Tract Number: 4324

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
12/12/2014 12/12/14 Sold $520,000 0.0% $237 / Sq Ft
12/12/2014 12/12/14 Sold $520,000 -10.0% --
11/03/2014 11/03/14 Pending -- -- --
11/03/2014 11/03/14 Pending -- -- --
10/22/2014 10/22/14 For Sale $578,000 0.0% --
07/23/2014 07/23/14 For Sale $578,000 -- $263 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Doresa Wang

    Seller's Agent in 2014

    Doresa Wang

    Pinnacle Real Estate Group

    (626) 877-6866

    22 Total Sales

    Doresa Wang
    Section Image

  • H

    Seller Co-Listing Agent in 2014

    Hubert King

    Treeline Realty & Investment

    Section Image
  • OLGA CASTILLO

    Buyer's Agent in 2014

    OLGA CASTILLO

    CENTURY 21 KING

    (909) 996-4400

    2 Total Sales

    OLGA CASTILLO
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS14156465

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County El Monte 91731 Norwood Cherrylee

4630 Santa Anita Ave, El Monte, CA

This home is located at 4630 Santa Anita Ave, El Monte, CA 91731 and is currently priced at $520,000, approximately $236 per square foot. This property was built in 1950. 4630 Santa Anita Ave is a home located in Los Angeles County with nearby schools including Wright Elementary School, Arroyo High School, and Pearl Preparatory School.

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.

California Regional Multiple Listing Service (CRMLS) 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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