Christine Cheng
Keller Williams Realty/Temecula
(628) 244-8657
52 Total Sales
1 in Downtown Alhambra
$100,000 Price
100 E Commonwealth Ave Alhambra, CA 91801
Downtown Alhambra Neighborhood
14
Beds
8
Baths
7,522
Sq Ft
0.3
Acre Lot
Highlights
- All Bedrooms Downstairs
- 0.3 Acre Lot
- Property is near park
- San Gabriel High School Rated A-
- Dual Staircase
- Living Room with Fireplace
About This Home
As of October 2014Re/max Advanced Realty is proud to present a rare opportunity to acquire an apartment complex featuring 10 units, 2 level with courtyard located right in the heart of Alhambra. Property is 100% occupied with long term tenants. Current rents are below market value. Purchaser will have upside potential for higher rent income. Projected gross annually income $143,160. Community laundry on site. Each unit is separately metered for gas and electricity. New gas and electric meter has been installed. Many amenities all walking distance to downtown Alhambra, post office, movie theatre, few blocks from Almansor Park, supermarkets, restaurants, and entertainment. GREAT POTIENTIAL FOR CASH BUYERS. DRIVE BY ONLY!! PLEASE DO NOT DISTRUB THE OCCUPANTS!! Property is sold AS IS condition, Seller will make NO termite and repairs.
Ideal 1031/investment property in a convenient location with NO rent control in Alhambra. Easily rent out in this most desirable neighbourhood. The large 13,220 lot size offers potential for new development project in R3 zone.
Last Agent to Sell the Property
ANITA ING
Pinnacle Real Estate Group License #01916675 Listed on: 08/26/2014
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 13,220 Sq Ft Lot
- Two or More Common Walls
- Wood Fence
- Block Wall Fence
- Paved or Partially Paved Lot
- Sprinkler System
- Private Yard
- Density is 6-10 Units/Acre
Parking
- 10 Car Garage
- Carport
- Parking Available
- Driveway
- Assigned Parking
Home Design
- Property Attached
- Raised Foundation
- Frame Construction
- Shingle Roof
- Composition Roof
Interior Spaces
- 7,522 Sq Ft Home
- 2-Story Property
- Dual Staircase
- Living Room with Fireplace
- Window Bars
Bedrooms and Bathrooms
- 14 Bedrooms
- All Bedrooms Down
- All Upper Level Bedrooms
- 8 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Location
- Property is near park
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Legal Lot and Block 15 / A
- Tax Tract Number 15
- Assessor Parcel Number 5345007003
Community Details
Overview
- No Home Owners Association
- 10 Units
Amenities
- Laundry Facilities
Building Details
- 10 Leased Units
- 11 Separate Electric Meters
- 11 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $825
- Insurance Expense $3,734
- Maintenance Expense $840
- Water Sewer Expense $7,285
- New Taxes Expense $16,644
- Gross Income $10,580
- Net Operating Income $63,156
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
Listed on
Aug 26, 2014
Closed on
Sep 19, 2014
Sold by
Bought by
Seller's Agent
ANITA ING
Pinnacle Real Estate Group
Buyer's Agent
Danny Lu
Pinnacle Real Estate Group
List Price
$2,228,000
Sold Price
$2,300,000
Premium/Discount to List
$72,000
3.23%
Purchase Details
Closed on
Jul 10, 2014
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Alhambra, CA
-
Christine Cheng
-
Ramon Sanchez
Ramon Sanchez
Century 21 Allstars
(562) 684-6070
173 Total Sales
1 in Downtown Alhambra
$735,000 Price
-
Lan 'Gloria' Xiao
Lan 'Gloria' Xiao
Responds QuicklyRE/MAX ELITE REALTY
(562) 600-8264
117 Total Sales
8 in Downtown Alhambra
$695K - $880K Price Range
-
Bong Sung
Bong Sung
Mega Realty
(323) 831-8559
24 Total Sales
1 in Downtown Alhambra
$505,000 Price
-
Patsy Chan
Patsy Chan
FAIRMATE INC.
(562) 600-9057
16 Total Sales
3 in Downtown Alhambra
$670K - $690K Price Range
-
Karla Telleria
Karla Telleria
Keller Williams Realty
(424) 393-2593
45 Total Sales
1 in Downtown Alhambra
$800,000 Price
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 |
|---|---|---|---|
| $2,300,000 | Lawyers Title | ||
| -- | None Available |
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 |
|---|---|---|---|---|
| 10/22/2014 10/22/14 | Sold | $2,300,000 | +3.2% | $306 / Sq Ft |
| 09/11/2014 09/11/14 | Pending | -- | -- | -- |
| 08/26/2014 08/26/14 | For Sale | $2,228,000 | -- | $296 / 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 |
|---|---|---|---|---|
| 2025 | $35,857 | $2,764,247 | $1,562,401 | $1,201,846 |
| 2024 | $34,841 | $2,710,047 | $1,531,766 | $1,178,281 |
| 2023 | $34,632 | $2,656,910 | $1,501,732 | $1,155,178 |
| 2022 | $33,023 | $2,604,815 | $1,472,287 | $1,132,528 |
| 2021 | $32,681 | $2,553,741 | $1,443,419 | $1,110,322 |
| 2019 | $31,562 | $2,479,358 | $1,400,607 | $1,078,751 |
| 2018 | $31,655 | $2,430,771 | $1,373,145 | $1,057,626 |
| 2016 | $29,121 | $2,335,075 | $1,319,825 | $1,015,250 |
| 2015 | $28,693 | $2,300,000 | $1,300,000 | $1,000,000 |
| 2014 | $16,774 | $1,224,666 | $505,173 | $719,493 |
Source: Public Records
Agents Affiliated with this Home
-
A
Seller's Agent in 2014
ANITA ING
Pinnacle Real Estate Group
-
Danny Lu
D
Buyer's Agent in 2014
Danny Lu
Pinnacle Real Estate Group
(626) 888-9373
8 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS14184066
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.
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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