NOT LISTED FOR SALE
5 Beds
5 Baths
2,929 Sq Ft
9,767 Sq Ft Lot

Last Sold August 19, 2015

Last sale price $1,050,000 $358 Per Sq Ft

27 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Wood Frame Window
  • Garfield Elementary School Rated A-
  • No HOA
  • Galley Kitchen

About This Home

As of August 2015

Charming well maintained 5 unit income property on a large corner lot in a very desirable neighborhood of Alhambra. Each unit consists of 1 bedroom 1 full bathroom approximately 585 sq ft. each, all have original hardwood floors with a few under carpet, kitchens are all in good condition with tiled counter-tops, service porch with backdoor leading into a private courtyard for tenants. There are two enclosed garages for 4 total parking spaces. Separate storage room next to garage. Separate meters/electricity. Property is currently 100% occupied with great tenants, rents have not been increased in years and are under market. Excellent location close to fwy's, shopping, restaurants and great schools.

Last Agent to Sell the Property

Lisa Dunn

Keller Williams Pacific Estate License #01957552 Listed on: 06/17/2015

Keller Williams Pacific Estate

Last Buyer's Agent

Lisa Dunn

Keller Williams Pacific Estate License #01957552 Listed on: 06/17/2015

Keller Williams Pacific Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 9,767 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Property Attached
  • Composition Roof

Interior Spaces

  • 2,929 Sq Ft Home
  • Wood Frame Window
  • Living Room
  • Utility Room

Kitchen

  • Galley Kitchen
  • Gas Cooktop
  • Tile Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Floor Furnace
  • Septic Type Unknown

Additional Features

  • No Interior Steps
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 26
  • Tax Tract Number 4804
  • Assessor Parcel Number 5321022028

Community Details

Overview

  • No Home Owners Association
  • 5 Buildings
  • 5 Units

Building Details

  • 5 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,344
  • Water Sewer Expense $2,550
  • New Taxes Expense $2,300
  • Gross Income $4,620
  • Net Operating Income $49,246

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

4

Listing Details

  • Other Phone Description: 562- 822-6814
  • Property Attached: Yes
  • Water Sewer Expenses: 2550.00
  • Property Type: Residential Income
  • Parcel Number: 5321022028
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Tile Counters
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Wood
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 358.48
  • Room Type: Galley Kitchen, Living Room, Utility Room
  • Window Features: Wood Frames

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Covered, Asphalt, Driveway, Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Cooktop, Gas Cooktop
  • Electric: Electricity - On Property
  • Heating Type: Floor Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, Inside, Individual Room, Washer Hookup
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Storm Drains

Lot Info

  • Lot Features: 2-5 Units/Acre, Lot 6500-9999, Corner Lot
  • Lot Size: 9767
  • Lot Size Sq Ft: 9767.00
  • Price Per Lot Square Foot: 107.50
  • Lot Size Acres: 0.2240

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 585
  • Gross Income: 4620.00
  • Gross Scheduled Income: 55440.00
  • Insurance Expense: 1344.00
  • Lot Size Area: 9767.0000 Square Feet
  • Net Operating Income: 49246.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Number With Range: 4
  • Operating Expense: 6194.00
  • Rent Control: No
  • Total Actual Rent: 4620.00

Tax Info

  • New Taxes Expense: 2300.00
  • Tax Lot: 26
  • Tax Tract Number: 4804

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2015 08/19/15 Sold $1,050,000 -19.2% $358 / Sq Ft
07/14/2015 07/14/15 Pending -- -- --
06/17/2015 06/17/15 For Sale $1,300,000 -- $444 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15130514

California Regional Multiple Listing Service (CRMLS)