NOT LISTED FOR SALE

Estimated Value: $1,171,000 - $1,726,000

6 Beds
6 Baths
2,928 Sq Ft
$515/Sq Ft Est. Value

Last Sold April 01, 2016

Last sale price $965,000 $330 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $9,498/month

8 Days on Market

About This Home

As of April 2016

Great opportunity for a 3 Units Income Property in a desirable Alhambra area near South Pasadena. All three units feature 2 Bedrooms, 2 Baths and 2 car garage. Front house recently remodeled, featuring newly hardwood floors, newly windows, newly granite kitchen, granite fireplace, recessed lighting throughout, 2 bedroom suites with own bathrooms and brand newly central air. Rear duplex has 1000sf each and has also been remodeled and upgraded through the years. The quiet, palm tree lined street makes this a must see. This 3 Units Income Property is conveniently located and only blocks away from downtown Main St., supermarkets, restaurants, Costco, and easy access to the 10 fwy. Must see to appreciated.

Last Agent to Sell the Property

Jin Jin Shen

Coldwell Banker Dynasty Arc. License #00970339 Listed on: 02/16/2016

Last Buyer's Agent

Carmen Li

Coldwell Banker Dynasty Arc. License #01276748

Coldwell Banker Dynasty Arc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,131

Year Built

  • Built in 1923

Lot Details

  • 7,999 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 6 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,928 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 4808
  • Assessor Parcel Number 5339009018

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $120
  • New Taxes Expense $9,698
  • Gross Income $4,500
  • Net Operating Income $40,755

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,131

Year Built

Built in 1923

Lot Details

0

Parking

6

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 5339009018
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 329.58

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 12.00

Utilities

  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7999.00
  • Price Per Lot Square Foot: 120.64
  • Lot Size Acres: 0.1840

Multi Family

  • Gross Income: 4500.00
  • Gross Scheduled Income: 54000.00
  • Insurance Expense: 120.00
  • Lot Size Area: 7999.0000 Square Feet
  • Net Operating Income: 40755.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 13245.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 9698.00
  • Tax Lot: 20
  • Tax Tract Number: 4808

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2020
Sold by
Wong Kent and Wong Tommy
Bought by
Wong Kent and Wong Tommy
Current Estimated Value
$1,519,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$669,000
Outstanding Balance
$596,672
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$911,765

Purchase Details

Listed on
Feb 16, 2016
Closed on
Mar 23, 2016
Sold by
Ashori Elahe
Bought by
Wong Kent and Wong Tommy
Seller's Agent
Jin Jin Shen
Coldwell Banker Dynasty Arc.
Buyer's Agent
Carmen Li
Coldwell Banker Dynasty Arc.
List Price
$945,000
Sold Price
$965,000
Premium/Discount to List
$20,000
2.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.89%
Original Mortgage
$723,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2013
Sold by
Nationstar Mortgage Llc
Bought by
Ashori Elahe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,000
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 11, 2013
Sold by
Dediaz Esmeralda Ferretiz
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
May 7, 2007
Sold by
Diaz Flavio
Bought by
Dediaz Esmeralda Ferretiz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$672,000
Interest Rate
2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 2005
Sold by
Qian Zhou
Bought by
Huynh Minh Thi and Hinh Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,000
Interest Rate
6.02%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 5, 2005
Sold by
Shen Liyu
Bought by
Qian Zhou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,000
Interest Rate
6.02%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 2, 2004
Sold by
Lam Man Yee Anna
Bought by
Qian Zhou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,250
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2004
Sold by
Shen Li Yu
Bought by
Qian Zhou

Purchase Details

Closed on
Apr 8, 2003
Sold by
Kwok Dixon D S and Kwok Joyce C S
Bought by
Lam Man Yee Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.84%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wong Kent -- Wfg National Title Ins Co
Wong Kent -- Wfg National Title Ins Co
Wong Kent $965,000 Property Id Title Company
Ashori Elahe $706,500 Stewart Title Of California
Nationstar Mortgage Llc $686,071 None Available
Dediaz Esmeralda Ferretiz -- Investors Title
Dediaz Esmeralda Ferretiz $840,000 Investors Title
Huynh Minh Thi $810,000 Lawyers Title Company
Qian Zhou -- Lawyers Title Company
Qian Zhou $635,000 First American Title Co Los
Qian Zhou -- First American Title Co Los
Lam Man Yee Anna $435,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wong Kent $669,000
Closed Wong Kent $722,000
Closed Wong Kent $723,000
Previous Owner Ashori Elahe $100,000
Previous Owner Ashori Elahe $575,000
Previous Owner Ashori Elahe $110,000
Previous Owner Ashori Elahe $445,000
Previous Owner Dediaz Esmeralda Ferretiz $672,000
Previous Owner Huynh Minh Thi $556,000
Previous Owner Qian Zhou $476,250
Previous Owner Lam Man Yee Anna $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2016 04/01/16 Sold $965,000 +2.1% $330 / Sq Ft
02/24/2016 02/24/16 Pending -- -- --
02/16/2016 02/16/16 For Sale $945,000 -- $323 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $14,131 $1,142,356 $799,652 $342,704
2024 $14,131 $1,119,958 $783,973 $335,985
2023 $13,918 $1,097,999 $768,601 $329,398
2022 $13,253 $1,076,471 $753,531 $322,940
2021 $13,112 $1,055,364 $738,756 $316,608
2020 $13,043 $1,044,543 $731,181 $313,362
2019 $12,652 $1,024,063 $716,845 $307,218
2018 $12,628 $1,003,985 $702,790 $301,195
2016 $9,845 $807,715 $565,401 $242,314
2015 $9,698 $795,584 $556,909 $238,675
2014 $9,580 $780,000 $546,000 $234,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR16032227

California Regional Multiple Listing Service (CRMLS)

APN: 5339-009-018