NOT LISTED FOR SALE

Estimated Value: $935,000 - $1,336,717

3 Beds
2 Baths
1,671 Sq Ft
$648/Sq Ft Est. Value

Sale Details

Date Sold: December 6, 2021

Last sale price $850,000 $509 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $6,553 / mo

4 Days on Market

About This Home

As of December 2021

Located in the soaring North San Gabriel neighborhood with the lowest inventory on the market, 107 & 109 Cresta, SG is currently looking for a new owner to touch up, update and improve its value. Pride of long term ownership, this lovely duplex is situated on one of the most popular & peaceful streets and provides convenient, easy access to everywhere. High demand rental area, almost 100% occupancy and low maintenance. 107 Cresta is a 2-bedroom 1-bath unit. It's being rented for $1300 per month with a detached 2-car garage. 109 Cresta is a 1-bedroom 1-bath unit and currently rented for $1100 per month. Great proportion & well-arranged front & back yard. Decent floor plan for each unit and endless potential for you. Long term tenants are on month-on-month lease & great upside income potential. Minutes away from supermarkets, restaurants, parks/country club, shopping area and bus stations as well as easy access to DTLA and Pasadena. The possibilities of these units are endless for the right buyer. A truly great deal. Motivated seller. Offer subject to inspection

Last Agent to Sell the Property

Rhea Bai

RE/MAX Premier Properties License #01360246 Listed on: 10/16/2021

RE/MAX Premier Properties

Last Buyer's Agent

Argelia Cruz

GKR Investments License #01231559

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 6,552 Sq Ft Lot
  • No Common Walls
  • Garden
  • Back and Front Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 3 Bedrooms
  • 1,671 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tax Lot 26
  • Tax Tract Number 7720
  • Assessor Parcel Number 5367011026

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $500
  • Water Sewer Expense $780
  • Operating Expense $2,660
  • Gross Income $28,800
  • Net Operating Income $26,140

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

6,552 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 780.00
  • Zoning: SLR3YY
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5367011026
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 508.68

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden
  • Lot Size Sq Ft: 6552.00
  • Lot Size Acres: 0.1504

Multi Family

  • Gross Income: 28800.00
  • Gross Operating Income: 28224.00
  • Gross Scheduled Income: 28800.00
  • Insurance Expense: 500.00
  • Lot Size Area: 6552.0000 Square Feet
  • Net Operating Income: 26140.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 2660.00
  • Rent Control: No
  • Total Expenses: 2660.00
  • Vacancy Allowance Rate: 2.00

Tax Info

  • Tax Census Tract: 4802.02
  • Tax Lot: 26
  • Tax Tract Number: 7720

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

Closed on
Aug 23, 2024
Sold by
Perez Marcos
Bought by
Current Estimated Value
$998,762

Purchase Details

Listed on
Oct 16, 2021
Closed on
Oct 28, 2021
Sold by
Palmieri Family Revocable Living Trust
Bought by
Perez Marcos
Seller's Agent
Rhea Bai
RE/MAX Premier Properties
Buyer's Agent
Argelia Cruz
GKR Investments
List Price
$838,000
Sold Price
$850,000
Premium/Discount to List
$12,000
1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.23%
Original Mortgage
$778,387
Interest Rate
3.09%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 6, 2017
Sold by
Palmieri Giocondo
Bought by
Palmieri Giocondo and Palmieri Norma

Purchase Details

Closed on
Jan 26, 1998
Sold by
Palmieri Family Trust Palmieri, Lino And Ange
Bought by
Palmieri Giocondo and Palmieri Norma
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in North San Gabriel, CA

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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
-- None Listed On Document
Perez Marcos $850,000 New Title Company Name
Palmieri Giocondo -- None Available
Palmieri Giocondo -- Southland Title Corporation
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
Previous Owner $778,387
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
12/06/2021 12/06/21 Sold $850,000 +1.4% $509 / Sq Ft
10/20/2021 10/20/21 Pending -- -- --
10/16/2021 10/16/21 For Sale $838,000 -- $501 / 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
2026 $12,815 $920,066 $638,634 $281,432
2025 $12,815 $902,026 $626,112 $275,914
2024 $12,162 $884,340 $613,836 $270,504
2023 $11,948 $867,000 $601,800 $265,200
2022 $11,449 $850,000 $590,000 $260,000
2021 $3,753 $242,502 $155,429 $87,073
2019 $3,603 $235,312 $150,820 $84,492
2018 $3,546 $230,699 $147,863 $82,836
2017 $3,471 $226,176 $144,964 $81,212
2016 $3,372 $221,742 $142,122 $79,620
2015 $3,326 $218,413 $139,988 $78,425
2014 $3,308 $214,135 $137,246 $76,889
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS21229867

California Regional Multiple Listing Service (CRMLS)

APN: 5367-011-026

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