NOT LISTED FOR SALE

1237 S Chapel Ave Alhambra, CA 91801

Estimated Value: $934,000 - $1,089,000

3 Beds
2 Baths
1,494 Sq Ft
$689/Sq Ft Est. Value

Last Sold October 16, 2018

Last sale price $718,000 $481 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $6,311/month

134 Days on Market

Highlights

  • Mountain View
  • Main Floor Bedroom
  • Cooling Available
  • Martha Baldwin Elementary School Rated A
  • No HOA
  • Laundry Room

About This Home

As of October 2018

NEW PRICE. Welcome to the duplex at 1237 S Chapel. This rare property nestled in one of Alhambra’s most sought-after neighborhoods within walking distance to Almansor Park and Valley Blvd which is famously vital for its growing professional and business sector that includes many markets, eateries and other service-oriented businesses such as physicians, banks and enterprises that accommodate the burgeoning Asian community. Prominent Alhambra Schools, near all the great commodities Alhambra has to offer, and close to DTLA. This spacious Duplex offers a front unit which is a single level 3 bedroom and 1-bathroom Craftsman home with an abundance of character. Original hardwood floors and Crown molding throughout plus original built-ins around the large dining room. Large windows throughout, pleasantly warms the home with natural lighting. There is an indoor laundry area just off the kitchen. The Second unit is a studio bedroom with full kitchen and bath. Talk with the city about possible room to expand by adding 1 or even 2 bedrooms. The three-car garage under the unit is very large with storage, a sink and washer and dryer hookups. There is plenty of parking as well as side parking on the lot. An inviting backyard works well for entertainment. This home is perfect for investors and first-time home buyers looking for extra income. Come see this fantastic opportunity to own a gem which is the best Alhambra has to offer!!

Last Agent to Sell the Property

Daniel Venti

ANTHONY VENTI REALTORS License #01960943 Listed on: 05/02/2018

Last Buyer's Agent

Ging Lam

IRN REALTY License #01225272

IRN REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 5,389 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 1 Open Parking Space
  • 3 Car Garage

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Duplex

Interior Spaces

  • 1,494 Sq Ft Home
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Urban Location
  • Cooling Available

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 93
  • Tax Tract Number 6033
  • Assessor Parcel Number 5348022015

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

5,389 Sq Ft Lot

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: ALRPD*
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 5348022015
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1494.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 480.59
  • Room Type: All Bedrooms Down, Main Floor Bedroom

Exterior Features

  • View: Mountain(s), Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5389.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4816.03
  • Tax Lot: 93
  • Tax Tract Number: 6033

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2018
Closed on
Sep 16, 2018
Sold by
Solomon Ann and Sarab Solomon Revocable Living
Bought by
Deng Mi
Seller's Agent
Daniel Venti
ANTHONY VENTI REALTORS
Buyer's Agent
Ging Lam
IRN REALTY
List Price
$758,880
Sold Price
$718,000
Premium/Discount to List
-$40,880
-5.39%
Current Estimated Value
$1,028,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,957
Avg. Annual Appreciation
4.96%
Original Mortgage
$470,000
Outstanding Balance
$409,024
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$619,933

Purchase Details

Closed on
Jul 15, 2003
Sold by
Wing Little William and Wing Kwok
Bought by
Wingspan Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Deng Mi $718,000 Lawyers Title Company
Wingspan Inc $867,272 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deng Mi $470,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2018 10/16/18 Sold $718,000 -2.7% $481 / Sq Ft
09/13/2018 09/13/18 Pending -- -- --
09/07/2018 09/07/18 Price Changed $738,000 -2.8% $494 / Sq Ft
06/19/2018 06/19/18 For Sale $758,880 +5.7% $508 / Sq Ft
05/16/2018 05/16/18 Pending -- -- --
05/10/2018 05/10/18 Off Market $718,000 -- --
05/02/2018 05/02/18 For Sale $758,880 -- $508 / 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 $9,759 $800,937 $535,447 $265,490
2024 $9,759 $785,234 $524,949 $260,285
2023 $9,656 $769,838 $514,656 $255,182
2022 $9,192 $754,744 $504,565 $250,179
2021 $9,097 $739,946 $494,672 $245,274
2020 $9,047 $732,360 $489,600 $242,760
2019 $8,854 $718,000 $480,000 $238,000
2018 $1,186 $58,336 $36,386 $21,950
2016 $1,104 $56,073 $34,974 $21,099
2015 $1,090 $55,232 $34,449 $20,783
2014 $1,093 $54,151 $33,775 $20,376
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS18101572

California Regional Multiple Listing Service (CRMLS)

APN: 5348-022-015

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