Rare find R3 land in South El Monte, City approved to build 11-12 unit condo apartments, plan can be reviewed upon requested, lot dimension 100 by 300, currently has two structures on the lot rental income $3300 monthly on m/m bases, highly demanding rental area, excellent quiet neighbor. The second lot similar size on north side also for sale. Buyer can develop both at the same time.
Property Details
Property Features
Listing Office:
Office Name: IRN Realty
Office Phone: (626) 695-6006
Listing Agent: Fred Lam
Exterior Features
Exterior Information:
View: None
Lot Features
Lot Information:
Lot Size: 0.69 Acres
Other
Directions Information:
Directions: North of Rush
Price Information
Listing Price Info
Price Summary:
List Price: $2,300,000
Tax Information:
Annual Amount: $15,072
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #AR24053365
Listing Office:
Office Name: IRN Realty
Office Phone: (626) 695-6006
Listing Agent: Fred Lam
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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 4:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Nov 20, 2018
Nov 20, 2018Home Sold
$1,145,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$15,072
$1,179,999
2020
$15,470
$1,167,900
2019
$2,038
$1,145,000
2018
$2,006
$94,576
2017
$2,006
$92,722
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$11.5K
Per Month
Principal & Interest
$11.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$6,962
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Miramonte Elementary School
10620 Schmidt Rd
Distance between this listing and this school0.36 miles
Public District Grades KG-6
6
/10
Wilkerson School
2700 Doreen Ave
Distance between this listing and this school0.38 miles
Public District Grades KG-6
6
/10
New Lexington School
10410 Bodger St
Distance between this listing and this school0.53 miles
Public District Grades KG-6
Nearby Schools
5
/10
Potrero School
2611 Potrero Ave
Distance between this listing and this school0.54 miles
Public District Grades KG-8
6
/10
Dean L. Shively Middle School
1431 Central Ave
Distance between this listing and this school0.85 miles
Public District Grades 6-8
4
/10
Monte Vista Elementary School
11111 Thienes Ave
Distance between this listing and this school1.06 miles
Public District Grades KG-8
Nearby Schools
6
/10
El Monte High School
3048 Tyler Ave
Distance between this listing and this school0.94 miles
Public District Grades 9-12
6
/10
South el Monte High School
1001 Durfee Ave
Distance between this listing and this school1.43 miles
Public District Grades 9-12
5
/10
Mountain View High School
2900 Parkway Dr
Distance between this listing and this school2.07 miles
The neighbors living near this home have an average income of $63,939. The most common annual income of people living in Los Angeles County, CA is between $35k-100k. The majority of families are married, with kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2429 Central Ave
What is the listing price of this property?
The listing price of 2429 Central Ave property is $2,300,000.
What type of property is this?
The property 2429 Central Ave is land located in South El Monte, California, 91733.
Is this property for sale now?
Active Listing: 2429 Central Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $15,072 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on November 20, 2018 for $1,145,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 2429 Central Ave in South El Monte, CA and zip code 91733 in the The San Gabriel Valley neighborhood. This home sits on a 0.69 acre lot. It has been listed on Rocket Homes since March 16, 2024 and is currently priced at $2,300,000.
In November 2024, from all listings sold in Los Angeles County, CA there were more than 1428 sold above asking price, over 1495 sold below and more than 532 were sold right at the asked price. In November 2024 in Los Angeles County, CA there were 4.7% less homes for sale than in October 2024. In November 2024 median list price was $901,639 and the average listing age was 35 days.
From Rocket Homes Real Estate and based on county public records data.
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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
Mexican League Soccer
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Ross Dress For Less
Foot Locker
H&M
Jack In The Box
Little Caesars
Boston Market
Nissan
Dodge
Honda
Rhythmic Contemporary Hits
Urban Adult Contemporary