NOT LISTED FOR SALE

Estimated Value: $3,824,868

Studio
-- Bath
11,730 Sq Ft
$326/Sq Ft Est. Value

Last Sold November 20, 2018

Last sale price $2,700,000 $230 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $23,371/month

51 Days on Market

About This Home

As of November 2018

PLEASE DO NOT DISTURB TENANTS. DRIVE BY ONLY. SUBJECT TO ACCEPTED OFFER. NO RENT CONTROL. Rare 14 mixed use units in North part of El Monte. 7 (2 bedrooms 1 bath) , 4 (1 bedroom 1 bath) and 3 offices in the front. Please submit offer with proof of funds and pre qual letter from direct lender. Property sold in AS IS CONDITION. Seller reserve the rights to all services.

Last Agent to Sell the Property

Jenny Chang

Estate Properties License #01030838 Listed on: 08/07/2018

Last Buyer's Agent

ALBERT LO

IRN REALTY License #01953296

IRN REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 0.4 Acre Lot

Parking

  • 18 Car Garage
  • Carport

Interior Spaces

  • 11,730 Sq Ft Home
  • 2-Story Property

Community Details

  • 14 Units

Listing and Financial Details

  • Assessor Parcel Number 8538-011-002

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

18

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 11730
  • Probate: No
  • Stories: 2
  • Year Built: 1963
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per S Q F T: 229.33

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Garage Spaces: 18
  • Parking Garage: Carport
  • Total Parking: 18

Utilities

  • Water District: San Gabriel Water Co

Lot Info

  • Assessed Improvement Value: 269547
  • Assessed Land Value: 1078212
  • Assessor Parcel Number: 8538-011-002
  • Geocode Override: No
  • Lot Size Area: 17599

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115, 2116, 2117
  • Number Of Units: 14
  • Type Of Units: mix use

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2018
Closed on
Oct 30, 2018
Sold by
Chang Chang Chang Chang and Chang Hsunying
Bought by
Ming Ya Suddhist Foundation
Seller's Agent
Jenny Chang
Estate Properties
Buyer's Agent
ALBERT LO
IRN REALTY
List Price
$2,690,000
Sold Price
$2,700,000
Premium/Discount to List
$10,000
0.37%
Current Estimated Value
$3,824,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,124,868
Avg. Annual Appreciation
4.97%

Purchase Details

Closed on
Mar 20, 2014
Sold by
Chang Chang Chang
Bought by
Chang Family Trust

Purchase Details

Closed on
Aug 6, 2002
Sold by
Yu Danny and Yu Nancy
Bought by
Chang Chang Chang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.52%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 13, 1998
Sold by
Yu Danny and Yu Danny K L
Bought by
Yu Danny
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Ming Ya Suddhist Foundation $2,700,000 Progressive Title Company
Chang Family Trust -- None Available
Chang Chang Chang $1,080,000 South Coast Title
Yu Danny -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chang Chang Chang $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2018 11/20/18 Sold $2,700,000 +0.4% $230 / Sq Ft
09/27/2018 09/27/18 Pending -- -- --
08/07/2018 08/07/18 For Sale $2,690,000 -- $229 / Sq Ft
Source: The MLS

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 $42,104 $3,011,897 $2,409,519 $602,378
2024 $42,104 $2,952,841 $2,362,274 $590,567
2023 $41,287 $2,894,943 $2,315,955 $578,988
2022 $39,767 $2,838,181 $2,270,545 $567,636
2021 $40,276 $2,782,531 $2,226,025 $556,506
2019 $41,085 $2,700,000 $2,160,000 $540,000
2018 $22,364 $1,374,713 $1,099,776 $274,937
2016 $21,345 $1,321,333 $1,057,071 $264,262
2015 $21,097 $1,301,486 $1,041,193 $260,293
2014 $20,305 $1,275,993 $1,020,798 $255,195
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-359978

The MLS

APN: 8538-011-002