NOT LISTED FOR SALE
8 Beds
7 Baths
4,806 Sq Ft
7,475 Sq Ft

Last Sold August 02, 2021

Last sale price $1,800,000 $375 Per Sq Ft

13 Days on Market

Highlights

  • No HOA
  • William Northrup Elementary School Rated A-
  • Laundry Room

About This Home

As of August 2021

Prime location in North Alhambra! Total 6 fully-rented units in two buildings. Front Building with 1 unit of 2B1B and 3 units of 1B1B, back building with 1 unit of 2B1B and 1 unit of 1B1B. Close proximity to all commercial shops and restaurants on Main st.. All tenants are on month-to-month term. The laundry room generates extra income. Very well maintained. Please contact listing agent for detailed cash flow analysis.

Last Agent to Sell the Property

Anita Lee

Wetrust Realty License #01896966 Listed on: 06/15/2021

Co-Listed By

YUJIE CHEN

Wetrust Realty License #02127645

Last Buyer's Agent

Sharon Li

IRN REALTY License #01913840

IRN REALTY

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1959

Lot Details

  • 7,475

Parking

  • 2 Car Garage
  • 4 Carport Spaces

Interior Spaces

  • 4,806 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Additional Features

  • Two or More Common Walls
  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 4
  • Assessor Parcel Number 5344012004

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 6 Units

Building Details

  • 6 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $480
  • Insurance Expense $2,294
  • Water Sewer Expense $4,599
  • Operating Expense $7,373
  • Gross Income $91,680
  • Net Operating Income $66,468

Property Details

Home Type

Condominium

Year Built

Built in 1959

Lot Details

7,475 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 4599.10
  • Zoning: ALRPD*
  • Property Sub Type: Condominium
  • Property Type: Residential Income
  • Gardener Expense: 480.00
  • Parcel Number: 5344012004
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 374.53

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 7475.00
  • Lot Size Acres: 0.1716

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 91680.00
  • Gross Scheduled Income: 91680.00
  • Insurance Expense: 2294.30
  • Lot Size Area: 7475.0000 Square Feet
  • Net Operating Income: 66468.10
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 25211.90
  • Rent Control: No
  • Total Actual Rent: 91680.00
  • Total Expenses: 7373.40

Tax Info

  • Tax Census Tract: 4810.01
  • Tax Lot: 4
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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 List to Sale Price per Sq Ft
08/02/2021 08/02/21 Sold $1,800,000 -9.9% $375 / Sq Ft
06/29/2021 06/29/21 Pending -- -- --
06/15/2021 06/15/21 For Sale $1,998,000 -- $416 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS21126919

California Regional Multiple Listing Service (CRMLS)
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