1237 S 3rd St Alhambra, CA 91801
Mayfair Park NeighborhoodEstimated payment $11,745/month
Total Views
3,634
12
Beds
7
Baths
5,302
Sq Ft
$358
Price per Sq Ft
Highlights
- Laundry Room
- 4 Car Garage
- Rectangular Lot
- Ramona Elementary School Rated A-
About This Home
Location, Location, Location!
When it comes to residential income properties, nothing is more important than a prime location—and this one delivers!
Just steps from Valley Blvd, this well-maintained 4-unit property offers exceptional convenience, strong rental demand, and impressive cash flow potential. 3 units: 3 bedrooms + 2 bathrooms. 1 unit: 3 bedrooms + 1 bathroom. CAP Rate: 5.2%. Market CAP Rate: 6.75%
Listing Agent
Equity Union Brokerage Phone: 310-751-4137 License #02130063 Listed on: 06/18/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,098
Year Built
- Built in 1931
Lot Details
- 7,396 Sq Ft Lot
- Two or More Common Walls
- Rectangular Lot
Parking
- 4 Car Garage
- Parking Available
Home Design
- Quadruplex
Interior Spaces
- 5,302 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 12 Bedrooms
- 7 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 158
- Tax Tract Number 10522
- Assessor Parcel Number 5348017018
- $1,469 per year additional tax assessments
Community Details
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- Gardener Expense $1,800
- Insurance Expense $2,649
- Maintenance Expense $4,162
- Professional Management Expense $5,202
- Trash Expense $1,800
- Water Sewer Expense $1,800
- Operating Expense $45,149
- Gross Income $1,580
- Net Operating Income $55,269
Additional Features
- 4 Units
- Laundry Facilities
Map
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Home Values in the Area
Average Home Value in this Area
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 | $16,098 | $1,287,718 | $742,787 | $544,931 |
| 2024 | $16,098 | $1,262,470 | $728,223 | $534,247 |
| 2023 | $15,970 | $1,237,717 | $713,945 | $523,772 |
| 2022 | $15,218 | $1,213,449 | $699,947 | $513,502 |
| 2021 | $15,044 | $1,189,657 | $686,223 | $503,434 |
| 2019 | $14,515 | $1,154,372 | $665,870 | $488,502 |
| 2018 | $14,571 | $1,131,738 | $652,814 | $478,924 |
| 2016 | $13,388 | $1,087,793 | $627,465 | $460,328 |
| 2015 | $13,189 | $1,071,454 | $618,040 | $453,414 |
| 2014 | $13,029 | $1,050,467 | $605,934 | $444,533 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/05/2025 08/05/25 | For Sale | $1,900,000 | 0.0% | $358 / Sq Ft |
| 08/04/2025 08/04/25 | Off Market | $1,900,000 | -- | -- |
| 06/18/2025 06/18/25 | For Sale | $1,900,000 | -- | $358 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Chicago Title Company | |
| Grant Deed | -- | Chicago Title Company | |
| Grant Deed | -- | None Listed On Document | |
| Grant Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | Equity Title Company | |
| Interfamily Deed Transfer | -- | Investors Title | |
| Grant Deed | $1,022,500 | Investors Title | |
| Grant Deed | $835,000 | Investors Title Company | |
| Grant Deed | $319,000 | First Southwestern Title Co | |
| Interfamily Deed Transfer | -- | Old Republic Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,000,000 | New Conventional | |
| Previous Owner | $672,000 | New Conventional | |
| Previous Owner | $490,000 | Purchase Money Mortgage | |
| Previous Owner | $667,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $626,250 | Fannie Mae Freddie Mac | |
| Previous Owner | $316,880 | FHA | |
| Closed | $41,750 | No Value Available |
Source: Public Records
Similar Homes in Alhambra, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25134223
APN: 5348-017-018
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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