NOT LISTED FOR SALE

124 Bonita St Unit A-D Arcadia, CA 91006

Estimated Value: $1,857,000 - $2,279,000

8 Beds
4 Baths
3,651 Sq Ft
$579/Sq Ft Est. Value

Last Sold August 05, 2020

Last sale price $1,650,000 $452 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $12,819/month

58 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 3-minute walk to Bonita Park
  • Holly Avenue Elementary School Rated A

About This Home

As of August 2020

Great investment property in the heart of Arcadia, great location and located near ! Beautiful building! Brand new roof and upgraded high efficiency dual-pane windows. Building has been well maintained and it shows!
Separate laundry room provides extra income, large lot with plenty of parking, long term tenants. All four units have 2 beds 1 bath and sizable living area. Conveniently located near Arcadia Regional Park, Westfield Arcadia Mall, Santa Anita Gold Course and plenty of supermarkets, restaurants and stores. Great opportunity!

Last Agent to Sell the Property

John Ford

Elevate Real Estate Agency License #01996353 Listed on: 05/02/2020

Last Buyer's Agent

Angel Lau

Coldwell Banker Dynasty T.C. License #01337201

Coldwell Banker Dynasty T.C.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,274

Year Built

  • Built in 1962

Lot Details

  • 8,046 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 5 Car Garage

Home Design

  • 3,651 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 31 / 65
  • Tax Tract Number 5635
  • Assessor Parcel Number 5773020031

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 5 Separate Water Meters
  • Electric Expense $1,200
  • Fuel Expense $600
  • Insurance Expense $2,500
  • Trash Expense $900
  • Water Sewer Expense $1,200
  • New Taxes Expense $18,500
  • Operating Expense $24,900
  • Gross Income $45,300
  • Net Operating Income $45,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,274

Year Built

Built in 1962

Lot Details

0

Parking

5

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1200.00
  • Zoning: ARR3HY
  • Property Type: Residential Income
  • Parcel Number: 5773020031
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 451.93

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 900.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8046.00
  • Lot Size Acres: 0.1847

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Electric Expense: 1200.00
  • Fuel Expense: 600.00
  • Gross Income: 45300.00
  • Gross Scheduled Income: 70200.00
  • Insurance Expense: 2500.00
  • Laundry Income: 100.00
  • Lot Size Area: 8046.0000 Square Feet
  • Net Operating Income: 45300.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 24900.00
  • Rent Control: No
  • Total Expenses: 24900.00

Tax Info

  • New Taxes Expense: 18500.00
  • Tax Block: 65
  • Tax Census Tract: 4308.01
  • Tax Lot: 31
  • Tax Tract Number: 5635

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2020
Closed on
Jun 23, 2020
Sold by
Bald Eric L and Eric L Bald Trust
Bought by
Tantraphol Edward and Tantraphol Cynthia
Seller's Agent
John Ford
Elevate Real Estate Agency
Buyer's Agent
Angel Lau
Coldwell Banker Dynasty T.C.
List Price
$1,675,000
Sold Price
$1,650,000
Premium/Discount to List
-$25,000
-1.49%
Current Estimated Value
$2,113,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$463,688
Avg. Annual Appreciation
4.77%
Original Mortgage
$99,000
Outstanding Balance
$50,849
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$2,062,839

Purchase Details

Closed on
May 22, 2012
Sold by
Bald Eric L
Bought by
Bald Eric L and Eric L Bald Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2006
Sold by
Bald Elizabeth and The Bald Family Trust
Bought by
Bald Eric L and Eric L Bald Trust

Purchase Details

Closed on
Sep 5, 2006
Sold by
Sullivan Chris and Otto & Katharina Bald Trust
Bought by
Bald Elizabeth and The Bald Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tantraphol Edward $1,650,000 Old Republic Title Company
Bald Eric L -- None Available
Bald Eric L -- Usa National Title Co
Bald Eric L -- None Available
Bald Elizabeth $1,010,000 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tantraphol Edward $99,000
Previous Owner Bald Eric L $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2020 08/05/20 Sold $1,650,000 -1.5% $452 / Sq Ft
06/29/2020 06/29/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $1,675,000 0.0% $459 / Sq Ft
05/21/2020 05/21/20 Pending -- -- --
05/02/2020 05/02/20 For Sale $1,675,000 -- $459 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $20,274 $1,786,010 $1,428,809 $357,201
2024 $20,274 $1,750,992 $1,400,794 $350,198
2023 $19,853 $1,716,660 $1,373,328 $343,332
2022 $19,198 $1,683,000 $1,346,400 $336,600
2021 $18,839 $1,650,000 $1,320,000 $330,000
2020 $14,398 $1,237,304 $771,832 $465,472
2019 $14,231 $1,213,045 $756,699 $456,346
2018 $13,826 $1,189,261 $741,862 $447,399
2016 $13,495 $1,143,082 $713,055 $430,027
2015 $13,260 $1,125,913 $702,345 $423,568
2014 $13,089 $1,103,859 $688,588 $415,271
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20083816

California Regional Multiple Listing Service (CRMLS)

APN: 5773-020-031