1237 S 3rd St Alhambra, CA 91801
Estimated payment $11,346/month
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
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
- Entry on the 1st floor
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
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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/27/2026 04/27/26 | For Sale | $1,900,000 | 0.0% | $358 / Sq Ft |
| 10/31/2025 10/31/25 | Off Market | $1,900,000 | -- | -- |
| 10/31/2025 10/31/25 | For Sale | $1,900,000 | 0.0% | $358 / Sq Ft |
| 08/11/2025 08/11/25 | Off Market | $1,900,000 | -- | -- |
| 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 |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Chicago Title Company | |
| Grant Deed | -- | Chicago Title Company | |
| 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 |
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 | $626,250 | Fannie Mae Freddie Mac | |
| Previous Owner | $316,880 | FHA | |
| Closed | $41,750 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25134223
APN: 5348-017-018
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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