NOT LISTED FOR SALE
16 Beds
12 Baths
9,172 Sq Ft
0.3 Acre Lot

Sale Details

Date Sold: September 6, 2023

Last sale price $3,950,000 $431 Per Sq Ft

82 Days on Market

Highlights

  • In Ground Pool
  • 0.3 Acre Lot
  • Tile Flooring
  • San Gabriel High School Rated A-
  • Card or Code Access
  • Ceiling Fan

About This Home

As of September 2023

Seller will carry financing at favorable terms to an experienced and qualified investor | Constructed in 1959 on a 13,221 square foot lot, Beacon Manor is a 12-unit multifamily property with a total building size of 9,172 square feet. The meticulously maintained, controlled entry building is neatly landscaped, separately metered for gas and electric, serviced by a central water heater, and offers a gated pool, an on-site laundry facility (laundry machines are building owned), storage lockers, security cameras, covered and carport parking with storage bins, and a garage. Beacon Manor boasts a desirable unit mix of eight one-bedroom/one-bathroom units and four two-bedroom/one-bathroom units. Units offer laminate, tile, and carpet flooring, gas stoves, dishwashers, ceiling fans, wall units for heating and cooling, and ample closet and storage space. Select units have been upgraded with new kitchen cabinets, bathroom vanities, and stone countertops. Electrical panels throughout were recently replaced.

Last Agent to Sell the Property

Priscilla Nee

CB Richard Ellis, Inc. License #01435254 Listed on: 06/07/2023

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 13,221 Sq Ft Lot
  • Gated Home

Parking

  • 1 Car Garage
  • 8 Carport Spaces

Interior Spaces

  • 9,172 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 12 Bathrooms

Pool

  • In Ground Pool
  • Fence Around Pool

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • 12 Units
  • Laundry Facilities
  • Card or Code Access

Listing and Financial Details

  • Assessor Parcel Number 5345-007-016

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0.3 Acres

Parking

1

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 9172
  • Lot Acreage: 0.3035
  • Stories: 2
  • Year Built: 1959
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate, Tile, Carpet
  • Appliances: Range
  • Bedrooms: 16
  • Laundry: Community
  • Total Bathrooms: 12.00
  • Equipment: Dishwasher, Range/Oven, Ceiling Fan
  • Price Per S Q F T: 430.66

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool Description: Fenced
  • Pool Expense: 2117.00
  • Pool: Yes
  • Spa Yn: No

Garage/Parking

  • Carport Spaces: 8
  • Garage Spaces: 1
  • Covered Parking: 3
  • Parking Garage: Carport, Garage - 1 Car, Covered Parking
  • Total Parking: 12

Utilities

  • Cooling: Wall Unit(s)
  • Electric Expense: 1254.00
  • Heating: Wall
  • Security: Card/Code Access, Gated
  • Water Expense: 3393.00

Condo/Co-op/Association

  • Professional Management: 10544.00

Fee Information

  • Gas Expense: 1794.00
  • Insurance Expense: 3774.00
  • Maintenance Expense: 7474.00
  • Other Expense: 3000.00
  • Trash Expense: 2307.00

Lot Info

  • Assessor Parcel Number: 5345-007-016
  • Lot Size Area: 13221

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 14.65
  • Number Of Units: 12
  • Type Of Units: Multifamily

Tax Info

  • Tax Expense: 55421.00

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
Jun 7, 2023
Closed on
Aug 28, 2023
Sold by
Bought by
Seller's Agent
Priscilla Nee
CB Richard Ellis, Inc.
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$4,300,000
Sold Price
$3,950,000
Premium/Discount to List
-$350,000
-8.14%
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,250,000
Outstanding Balance
$1,107,349
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 1998
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$3,937,000 Old Republic Title Company
-- North American Title Co
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
Open $2,250,000
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
09/06/2023 09/06/23 Sold $3,950,000 0.0% $431 / Sq Ft
08/28/2023 08/28/23 Pending -- -- --
07/24/2023 07/24/23 Price Changed $3,950,000 -8.1% $431 / Sq Ft
06/07/2023 06/07/23 For Sale $4,300,000 -- $469 / Sq Ft
Source: The MLS

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 $51,575 $4,015,740 $1,203,600 $2,812,140
2024 $49,999 $3,937,000 $1,180,000 $2,757,000
2023 $14,513 $866,412 $331,495 $534,917
2022 $13,980 $849,425 $324,996 $524,429
2021 $13,817 $832,771 $318,624 $514,147
2019 $13,429 $809,258 $309,174 $500,084
2018 $13,271 $793,414 $303,112 $490,302
2016 $12,245 $761,468 $291,343 $470,125
2015 $12,089 $750,031 $286,967 $463,064
2014 $12,029 $735,340 $281,346 $453,994
Source: Public Records

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Map

Source: The MLS

MLS Number: 23-276161

The MLS
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