NOT LISTED FOR SALE

Estimated Value: $1,324,838 - $1,511,000

7 Beds
6 Baths
3,278 Sq Ft
$437/Sq Ft Est. Value

Sale Details

Date Sold: August 15, 2017

Last sale price $918,000 $280 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $9,120 / mo

71 Days on Market

Highlights

  • No Units Above
  • Landscaped
  • Rectangular Lot
  • Property is near public transit
  • Forced Air Heating System
  • Front Yard

About This Home

As of August 2017

FOR SALE - Three Larger/Newer Units in North El Monte. Well maintained Triplex in beautiful area of North El Monte. Front unit is a three bedroom, two bathroom single story. The other two units are 2 bedrooms, 1.5 bathrooms two-story town-home style. Each of the three units have two-car detached garages. Rents are low at $1650 / $1250 / $1230 or $4,130 / mo Actual. Projected rents are closer to $5,000 / mo. NO RENT CONTROL. Raising rents to Market would increase Cap Rate from 4.4 to 5.2. All units have private patio or yard. Long term tenants. PLEASE - Drive By Only - DO NOT DISTURB TENANTS. Will only be shown with accepted offer. Walking distance to public transportation, schools, shopping and more! Great for Owner-Occupant OR Investor.

Last Agent to Sell the Property

Bill Mota

Homesmart, Evergreen realty License #01099198 Listed on: 04/11/2017

Homesmart, Evergreen realty

Last Buyer's Agent

Pui Ching Tsui

LeMark Realty License #01889817

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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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 7,705 Sq Ft Lot
  • No Units Above
  • Two or More Common Walls
  • Landscaped
  • Rectangular Lot
  • Level Lot
  • Front Yard

Parking

  • 6 Car Garage

Home Design

  • Triplex

Interior Spaces

  • 3,278 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Utilities

  • Forced Air Heating System
  • Sewer Paid

Additional Features

  • Rain Gutters
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 15360
  • Assessor Parcel Number 8576001014

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $5,427
  • Gross Income $49,560
  • Net Operating Income $40,020

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

7,705 Sq Ft Lot

Parking

6

Listing Details

  • Assessments: Yes
  • CapRate: 4.30
  • Property Attached: Yes
  • Zoning: EMC2YY
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 8576001014
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls, No One Above
  • Levels: Two
  • Price Per Square Foot: 280.05

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Heating Type: Central, Forced Air
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Level with Street, Lot 6500-9999, Rectangular Lot, Level, Near Public Transit
  • Lot Size Sq Ft: 7705.00

Multi Family

  • Gross Income: 49560.00
  • Gross Multiplier: 18.20
  • Gross Operating Income: 47082.00
  • Gross Scheduled Income: 49560.00
  • Net Operating Income: 40020.00
  • 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: 7062.00
  • Operating Expense Percent: 15.00
  • Rent Control: No
  • Total Actual Rent: 4130.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 5427.00
  • Tax Census Tract: 4323.00
  • Tax Lot: 14
  • Tax Tract Number: 15360

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
May 23, 2024
Sold by
Elizabeth Munoz Trust and Munoz Elizabeth
Bought by
Current Estimated Value
$1,424,936

Purchase Details

Listed on
Apr 11, 2017
Closed on
Jul 25, 2017
Sold by
Patel Wilhelmina C M
Bought by
Patel Raman
Seller's Agent
Bill Mota
Homesmart, Evergreen realty
Buyer's Agent
Pui Ching Tsui
LeMark Realty
List Price
$925,000
Sold Price
$918,000
Premium/Discount to List
-$7,000
-0.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.02%
Original Mortgage
$565,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 11, 2017
Closed on
Jun 26, 2017
Sold by
Patel Raman and The Raman Patel & Wilhelmina C
Bought by
Munoz Elizabeth and The Eli Zabeth Munoz Trust
Seller's Agent
Bill Mota
Homesmart, Evergreen realty
Buyer's Agent
Pui Ching Tsui
LeMark Realty
List Price
$925,000
Sold Price
$918,000
Premium/Discount to List
-$7,000
-0.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2003
Sold by
The El Monte Cmnty Redevelopment Agency
Bought by
Richmont Development Corp
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Northwest El Monte, CA

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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 Buyer Sale Price Title Company
-- None Listed On Document
Patel Raman -- Fidelity National Title
Munoz Elizabeth $918,000 Fidelity National Title
Richmont Development Corp $116,000 --
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 Borrower Loan Amount
Previous Owner $565,000
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
08/15/2017 08/15/17 Sold $918,000 -0.8% $280 / Sq Ft
06/21/2017 06/21/17 Pending -- -- --
06/16/2017 06/16/17 For Sale $925,000 0.0% $282 / Sq Ft
06/08/2017 06/08/17 Pending -- -- --
05/24/2017 05/24/17 For Sale $925,000 +0.8% $282 / Sq Ft
04/14/2017 04/14/17 Off Market $918,000 -- --
04/11/2017 04/11/17 For Sale $925,000 -- $282 / 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
2026 $15,098 $1,065,407 $425,930 $639,477
2025 $15,098 $1,044,518 $417,579 $626,939
2024 $14,348 $1,024,039 $409,392 $614,647
2023 $14,088 $1,003,961 $401,365 $602,596
2022 $13,465 $984,277 $393,496 $590,781
2021 $13,656 $964,979 $385,781 $579,198
2019 $13,826 $936,360 $374,340 $562,020
2018 $14,508 $918,000 $367,000 $551,000
2016 $5,427 $337,448 $62,879 $274,569
2015 $5,367 $332,380 $61,935 $270,445
2014 $5,181 $325,870 $60,722 $265,148
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR17076479

California Regional Multiple Listing Service (CRMLS)

APN: 8576-001-014

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