NOT LISTED FOR SALE

1121 E Arrow Hwy Glendora, CA 91740

Charter oak Neighborhood
-- Bed
3 Baths
6,164 Sq Ft
0.34 Acres

Last Sold January 20, 2016

Last sale price $1,080,000 $175 Per Sq Ft

15 Days on Market

About This Home

As of January 2016

** ALL OFFERS DUE BY TUESDAY 10/20/2015 BY 3:00PM**We are pleased to present a mixed use investment property located at 1121-23 E Arrow Highway on two separate APNs . The subject property consists of three (3) separate building s. Located on the south end of the property, the first building consists of seven (7) office suites totaling 6,164 SF. The office building was built in 1980 with A/C in each unit, and is situated on a 14,987 SF lot zoned C-2. Located on the north end of the property are two single family residences. Each home is a three bedroom two bath residence consisting of approximately 1,220 SF each. The homes were built in 1960 and are situated on a large 24,355 SF lot zoned R3. The total Square Footage of the two lots is 39,342 SF, and could be used for future development potential.

Last Agent to Sell the Property

Jonathan Prakash

Equity Union License #01483131 Listed on: 10/07/2015

Co-Listed By

Derrick Vartanian

Lyon Stahl Investment Real Estate, Inc. License #01816119

Lyon Stahl Investment Real Estate, Inc.

Last Buyer's Agent

Derrick Vartanian

Lyon Stahl Investment Real Estate, Inc. License #01816119

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,271

Year Built

  • Built in 1980

Lot Details

  • 0.34 Acre Lot

Parking

  • 37 Parking Spaces

Interior Spaces

  • 6,164 Sq Ft Home
  • 1-Story Property

Community Details

  • 3 Buildings
  • 9 Units

Listing and Financial Details

  • Assessor Parcel Number 8653-027-012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,271

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 6164
  • Stories: 1
  • Year Built: 1980
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dining Room: 0
  • Family Room: 0
  • Den: 0
  • Price Per S Q F T: 170.34

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Parking Space
  • Total Parking: 37

Lot Info

  • Assessed Improvement Value: 464778
  • Assessed Land Value: 126742
  • Assessor Parcel Number: 8653-027-012
  • Geocode Override: No
  • Lot Size Area: 14987

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 10.05
  • Number Of Units: 9
  • Total Annual Expense: 30645
  • Type Of Units: Mixed Use
  • Vacancy Rate: 3%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2015
Sold by
Jindal Hira L
Bought by
Preferred Realty Holdings Llc

Purchase Details

Closed on
Dec 16, 2008
Sold by
Jindal Hira L and Jindal Marcia J
Bought by
Jindal Hira L
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
Preferred Realty Holdings Llc $1,085,000 Lawyers Title
Jindal Hira L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Preferred Realty Holdings Llc $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2016 01/20/16 Sold $1,080,000 +2.9% $175 / Sq Ft
10/22/2015 10/22/15 Pending -- -- --
10/07/2015 10/07/15 For Sale $1,050,000 -- $170 / Sq Ft
Source: The MLS

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 $8,271 $603,729 $266,351 $337,378
2024 $8,271 $591,892 $261,129 $330,763
2023 $8,090 $580,287 $256,009 $324,278
2022 $7,989 $568,910 $250,990 $317,920
2021 $7,842 $557,756 $246,069 $311,687
2019 $7,674 $541,215 $238,771 $302,444
2018 $7,155 $530,604 $234,090 $296,514
2016 $7,806 $600,539 $128,674 $471,865
2015 $7,780 $591,520 $126,742 $464,778
2014 $7,790 $579,934 $124,260 $455,674
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jonathan Prakash

    Equity Union

    (424) 600-7620

    6 Total Sales

    Jonathan Prakash
    Section Image
  • Derrick Vartanian

    Seller Co-Listing Agent in 2016

    Derrick Vartanian

    Lyon Stahl Investment Real Estate, Inc.

    (310) 482-2200

    14 Total Sales

    Derrick Vartanian
    Section Image
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Map

Source: The MLS

MLS Number: 15-947965

The MLS

APN: 8653-027-012

California Los Angeles County Glendora 91724 Charter Oak

1121 E Arrow Hwy, Glendora, CA

This home is located at 1121 E Arrow Hwy, Glendora, CA 91740 since 07 October 2015. This property was built in 1980. 1121 E Arrow Hwy is a home located in Los Angeles County with nearby schools including Willow Elementary School, Royal Oak Middle School, and Charter Oak High School.

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