Seller's Agent in 2020
Benjamin Hsiang
Realty Investment Advisors, Inc.
(424) 377-6001
73 Total Sales
12 N Marengo Ave Alhambra, CA 91801
12
Beds
12
Baths
8,052
Sq Ft
0.3
Acres
About This Home
As of July 2020First time on the market in over 50 years!!! We are pleased to present 12 N. Marengo - an incredible 12 unit apartment building in prime Alhambra north of Main Street. Priced at only $291,667 per unit, the property consists of two (2) separate buildings featuring all one bedroom one bath units. Situated on a 13,260 square foot spacious lot, the property has been extremely well maintained and with realistic upside in rents. Boasting a fantastic walk score of 80, the property is just a short distance to the shops and restaurants on Main street and local transportation. From working professionals and students to families just starting off, the property provides an attractive living opportunity for potential tenants and is a fantastic long term investment.
Last Agent to Sell the Property
Realty Investment Advisors, Inc. License #01438644 Listed on: 01/14/2020
Last Buyer's Agent
Realty Investment Advisors, Inc. License #01438644 Listed on: 01/14/2020
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1939
Lot Details
- 0.3 Acre Lot
Interior Spaces
- 8,052 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 12 Bedrooms
- 12 Bathrooms
Parking
- 12 Car Garage
- Carport
- Driveway
- Assigned Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Mounted To A Wall or Window
Community Details
- 2 Buildings
- 12 Units
Listing and Financial Details
- Assessor Parcel Number 5338-004-004
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Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/09/2020 07/09/20 | Sold | $2,950,000 | -15.7% | $366 / Sq Ft |
| 03/20/2020 03/20/20 | Pending | -- | -- | -- |
| 01/14/2020 01/14/20 | For Sale | $3,500,000 | -- | $435 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $40,190 | $3,193,173 | $2,235,221 | $957,952 |
| 2024 | $40,190 | $3,130,563 | $2,191,394 | $939,169 |
| 2023 | $39,969 | $3,069,180 | $2,148,426 | $920,754 |
| 2022 | $38,112 | $3,009,000 | $2,106,300 | $902,700 |
| 2021 | $37,721 | $2,950,000 | $2,065,000 | $885,000 |
| 2020 | $6,250 | $201,712 | $74,624 | $127,088 |
| 2019 | $6,154 | $197,758 | $73,161 | $124,597 |
| 2018 | $5,903 | $193,881 | $71,727 | $122,154 |
| 2016 | $5,507 | $186,354 | $68,943 | $117,411 |
| 2015 | $5,452 | $183,556 | $67,908 | $115,648 |
| 2014 | $5,490 | $179,961 | $66,578 | $113,383 |
Source: Public Records
Agents Affiliated with this Home
-
Benjamin Hsiang
-
Alexander Metaxas
Seller Co-Listing Agent in 2020
Alexander Metaxas
Realty Investment Advisors, Inc.
(626) 487-4300
37 Total Sales
Map
Source: The MLS
MLS Number: 20-543656
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