2424 Floradale Ave El Monte, CA 91732

$940,000 Sold Price as of 11/01/2017

7 Beds
4 Baths
3,009 Sq.Ft.

Off Market

$940,000 Sold Price as of 11/01/2017 Refinance Your Mortgage

Map preview of 2424 Floradale Ave, El Monte, CA 91732

Property Overview: 2424 Floradale Ave El Monte, CA has 7 bedrooms, 4 bathrooms, 3,009 living square feet and 7,664 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

2424 Floradale Ave is currently an off market home in the city of El Monte. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of El Monte has a median list price of $758,000. The median price per/sqft for El Monte is $539. With those numbers in mind, if you are looking to purchase a median priced home in El Monte, CA and put 20% down you will need to save up $151,600 for the down payment and will need roughly $15,160 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in El Monte the commission could be as much as $36,450. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 2424 Floradale Ave

Last sold for $940,000 on November 1st, 2017

November, 2017
Nov 2, 2017

Date

Sold

CRMLS: CV17200711

$940,000

Price
Sep 29, 2017

Date

Pending

CRMLS: CV17200711

$899,900

Price
Sep 6, 2017

Date

Active

CRMLS: CV17200711

$899,900

Price
Listing provided courtesy of CRMLS

Very Nice 4 unit Investment Property Located in a Desirable Area of El Monte. Front Unit is a separate SFR style property features 2 bedrooms 1 Bath with front yard. Back 3 units are condo style feature 1 unit is 1 bedroom and 1 bath, 2 units are 2 bedrooms and 1 bath. Laundry room with 2 coin operated washers. 4 covered carports and a long driveway for plenty of parking. Exterior with new fresh paint. 4 electric meters, 4 gas meters and 1 water meter. NO RENT CONTROL. Great location in a quiet neighborhood that is close to schools, markets and Freeways. A perfect investment property for any beginner or seasoned investor looking to build their portfolio! Don't Miss Out!!

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November, 2017
Nov 1, 2017

Date

Sold (Public Records)

Public Records

$940,000

Price
June, 2013
Jun 14, 2013

Date

Sold (Public Records)

Public Records

$675,000

Price

Tax History for 2424 Floradale Ave

Assessed Value (2020): $977,975

Year	Land Value	Improved Value	Assessed Value
2020	$611,755	$366,220	$977,975

About 2424 Floradale Ave

Detailed summary of property

2424 Floradale Ave is categorized with a use code of Quadruplex (4 Units, Any Combination) in El Monte, CA 91732 and last sold on November 1, 2017 for $940,000. This property has 7 bedrooms, 4 bathrooms, roughly 3,009 living square feet, and sits on an approximately 7,664 square foot lot. Homes in El Monte are selling for a median price of $729,000 and a median price per square foot of $551. Based on Ardent Real Estate Group's El Monte Market Data, this home is sold 28.94% higher than the current median priced home. 2424 Floradale Ave was last sold on November 1, 2017 for $940,000. Local nearby listings include 4140 Workman Mill Rd #126, 4140 Workman Mill Rd #122 and 10515 Spy Glass Hill Rd. The average home in El Monte, CA is selling in 38 days. There are currently 54 homes for sale in the El Monte real estate market and 46 of them are single family homes while 4 of them are condos and 4 are townhomes. If you are the homeowner and looking to sell the home at 2424 Floradale Ave El Monte, CA 91732 contact Ardent Real Estate Group and we will put you in touch with one of our El Monte agents.

Public Facts for 2424 Floradale Ave

Public county record property details

Beds: 7
Baths: 4
Year built: 1941
Sq. Ft.: 3,009
Lot Size: 7,664
Stories: --

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 7
APN: 8107-029-007

The source for these homes facts are from public records.

91732 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$749,000

Median List Price/Sq.Ft.

$546

Median Sold Price

$830,000

Median Sold Price/Sq.Ft.

$543

Total Inventory

Median Sale to List Price %

105.2%

Avg Days on Market

Loan Type

Conventional (30%), FHA (10%), VA (0%), Cash (40%), Other (20%)

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