NOT LISTED FOR SALE
10 Beds
5 Baths
4,084 Sq Ft
14,516 Sq Ft Lot

Last Sold October 17, 2017

Last sale price $1,134,840 $278 Per Sq Ft

107 Days on Market

About This Home

As of October 2017

Detached single-family home plus 4 rental units (5 units total), all situated on a 14,516 sq ft lot. All the units plus the single-family home are 2 bedrooms and 1 bathroom. Currently all the units are being rented, but this property is perfect for those owner who would like to live on site. Low maintenance and all the tenants are presently on month-to-month lease. Rent is below market with potential to increase. Each unit also has their own laundry connection. Conveniently located to major freeways and easy access to anywhere in San Gabriel Valley makes this a highly desirable location for renters and future owner. This is the ideal income property with many upsides!

Last Agent to Sell the Property

Amy Wang

High Ten Partners, Inc. License #01349731 Listed on: 05/02/2017

High Ten Partners, Inc.

Last Buyer's Agent

FELIPE CHU

Ma Realty Inc License #01706740

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 14,516 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • 4,084 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Parking

  • 5 Open Parking Spaces
  • 10 Parking Spaces
  • 5 Carport Spaces
  • Parking Available
  • Driveway

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 1
  • Tax Tract Number 11530
  • Assessor Parcel Number 8570008040

Community Details

Overview

  • 2 Buildings
  • 5 Units

Building Details

  • 5 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $480
  • Insurance Expense $1,619
  • Trash Expense $2,700
  • Water Sewer Expense $2,640
  • New Taxes Expense $17,370
  • Operating Expense $24,809
  • Gross Income $5,190
  • Net Operating Income $48,151

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0.33 Acres

Listing Details

  • CapRate: 4.16
  • Property Attached: Yes
  • Water Sewer Expenses: 2640.00
  • Property Type: Residential Income
  • Gardener Expense: 480.00
  • Parcel Number: 8570008040
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 277.87

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 5.00
  • Parking: Yes
  • Parking Features: Carport, Driveway
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 5.00

Utilities

  • Utilities: Sewer Connected
  • Sewer: Public Sewer
  • Trash Expense: 2700.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 14516.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 5190.00
  • Gross Multiplier: 15.87
  • Gross Scheduled Income: 72960.00
  • Insurance Expense: 1619.00
  • Net Operating Income: 48151.00
  • 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
  • Operating Expense: 24809.00
  • Rent Control: No
  • Total Actual Rent: 5190.00
  • Total Expenses: 24809.00

Tax Info

  • New Taxes Expense: 17370.00
  • Tax Lot: 1
  • Tax Tract Number: 11530
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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 Prior Sale
10/17/2017 10/17/17 Sold $1,134,840 0.0% $278 / Sq Ft
08/17/2017 08/17/17 Pending -- -- --
08/11/2017 08/11/17 Off Market $1,134,840 -- --
05/02/2017 05/02/17 For Sale $1,158,000 +32.3% $284 / Sq Ft
08/15/2014 08/15/14 Sold $875,000 +1.9% $214 / Sq Ft View Prior Sale
06/16/2014 06/16/14 Pending -- -- --
05/05/2014 05/05/14 For Sale $859,000 -- $210 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $18,426 $1,291,203 $516,571 $774,632
2024 $18,426 $1,265,887 $506,443 $759,444
2023 $18,074 $1,241,066 $496,513 $744,553
2022 $17,423 $1,216,732 $486,778 $729,954
2021 $17,660 $1,192,876 $477,234 $715,642
2020 $17,611 $1,180,645 $472,341 $708,304
2019 $18,008 $1,157,496 $463,080 $694,416
2018 $17,614 $1,134,800 $454,000 $680,800
2016 $14,009 $888,343 $533,006 $355,337
2015 $13,853 $875,000 $525,000 $350,000
2014 $5,742 $308,902 $102,384 $206,518
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR17095417

California Regional Multiple Listing Service (CRMLS)
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