NOT LISTED FOR SALE
16 Beds
8 Baths
6,882 Sq Ft
0.29 Acres Lot

Sale Details

Date Sold: May 11, 2021

Last sale price $2,080,000 $302 Per Sq Ft

53 Days on Market

About This Home

As of May 2021

Well maintained 8 unit apartment with upside potential in the heart of the San Gabriel Valley. All 2 bed / 1 bath approximate 860 sf per unit. Mostly long term tenants with month to month leases. There are 8 carport spaces with 8 additional parking spaces. One unit was recently updated last year. Separately metered electricity and gas. Shared laundry. Located near the I-10 and I-605 fwy for easy access.

Last Agent to Sell the Property

Kenny Lau

KW Executive License #01970835 Listed on: 02/08/2021

KW Executive

Co-Listed By

Donald La

KW Executive License #01928418

KW Executive

Last Buyer's Agent

Donald La

KW Executive License #01928418

KW Executive

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 12,614 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 6,882 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Parking

  • 8 Open Parking Spaces
  • 16 Parking Spaces
  • 8 Carport Spaces
  • Parking Available
  • Assigned Parking

Additional Features

  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for ada upgrades, cable TV, electricity, gas, telephone
  • Tax Lot 11
  • Tax Tract Number 11486
  • Assessor Parcel Number 8549006011

Community Details

Building Details

  • Rent Control
  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $480
  • Fuel Expense $460
  • Insurance Expense $2,650
  • Maintenance Expense $2,500
  • Trash Expense $3,500
  • Water Sewer Expense $4,500
  • New Taxes Expense $27,613
  • Operating Expense $41,703
  • Gross Income $140,820
  • Net Operating Income $100,077

Additional Features

  • 8 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0.29 Acres

Listing Details

  • Assessments: Yes
  • CapRate: 4.76
  • Property Attached: Yes
  • Water Sewer Expenses: 4500.00
  • Zoning: EMR3YY
  • Property Type: Residential Income
  • Parcel Number: 8549006011
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 302.24

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 8.00
  • Parking: Yes
  • Parking Features: Assigned, Carport
  • Total Parking Spaces: 16.00
  • Uncovered Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 3500.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 12614.00
  • Lot Size Acres: 0.2896

Rental Info

  • Tenant Pays: ADA Upgrades, Cable TV, Electricity, Gas, Telephone

Multi Family

  • Average2 Bed Area: 860 Square Feet
  • Electric Expense: 480.00
  • Fuel Expense: 460.00
  • Gross Income: 140820.00
  • Gross Scheduled Income: 141780.00
  • Insurance Expense: 2650.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 960.00
  • Lot Size Area: 12614.0000 Square Feet
  • Maintenance Expense: 2500.00
  • Net Operating Income: 100077.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 41703.00
  • Operating Expense Percent: 24.00
  • Rent Control: Yes
  • Total Expenses: 41703.00

Tax Info

  • New Taxes Expense: 27613.00
  • Tax Census Tract: 4333.06
  • Tax Lot: 11
  • Tax Tract Number: 11486
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/11/2021 05/11/21 Sold $2,080,000 -1.0% $302 / Sq Ft
04/02/2021 04/02/21 Pending -- -- --
02/08/2021 02/08/21 For Sale $2,100,000 -- $305 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $33,526 $2,251,456 $1,350,874 $900,582
2024 $31,389 $2,207,311 $1,324,387 $882,924
2023 $30,891 $2,164,031 $1,298,419 $865,612
2022 $29,715 $2,121,600 $1,272,960 $848,640
2021 $23,123 $1,534,810 $866,425 $668,385
2020 $22,454 $1,519,353 $857,541 $661,812
2019 $22,426 $1,489,568 $840,727 $648,841
2018 $21,510 $1,460,368 $824,243 $636,125
2016 $19,794 $1,403,393 $792,238 $611,155
2015 $19,585 $1,382,313 $780,338 $601,975
2014 $19,193 $1,355,237 $765,053 $590,184
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR21025814

California Regional Multiple Listing Service (CRMLS)
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