H
Seller's Agent in 2013
Hai Phu Luong
Tendwell Realty & Invest.
125 N 3rd St Alhambra, CA 91801
Downtown Alhambra Neighborhood
10
Beds
6
Baths
5,677
Sq Ft
7,536
Sq Ft Lot
Highlights
- No HOA
- Landscaped
- Paved or Partially Paved Lot
- Garfield Elementary School Rated A-
- Central Heating and Cooling System
- Carpet
About This Home
As of August 2013This is an unique opportunity to acquire a newer well-maintained, fully occupied condo/townhouse style 5-unit income property located at the heart of Alhambra. Unit mix consists of three 3-bedroom + 2.5 bath units and two 2-bedroom + 1.5 bath units. Most units have carpeting throughout and vinyl flooring in kitchen, dining and bathrooms. Each unit has central air conditioning & heat, balcony, 2-car garage (but no direct access), large storage cabinets in garage, gas stove & oven, fire sprinklers, smoke detectors and carbon monoxide detectors. There is 1 additional on-site carport for guest parking, newer roof and automatic sprinkler with timer for landscape throughout. The property's landscaping was once awarded by the City of Alhambra as "Most Beautiful Property." Subject property is situated on a quiet street in North Alhambra close to restaurants, markets, movie theaters, City Hall, bus stops, schools and banks. Property shares the driveway with neighboring complex to its south. Current rents slightly below market price with room for increase. Fully occupied with low vacancy rate. (Interior photos were taken prior to tenant occupancy.) Don't miss this great investment opportunity!
Last Agent to Sell the Property
Hai Phu Luong
Tendwell Realty & Invest. License #01304221 Listed on: 04/22/2013
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1987
Lot Details
- 7,519 Sq Ft Lot
- No Common Walls
- Block Wall Fence
- Landscaped
- Paved or Partially Paved Lot
- Front and Back Yard Sprinklers
Parking
- 10 Car Garage
- 1 Carport Space
Home Design
- Flat Roof Shape
- Tile Roof
Interior Spaces
- 5,677 Sq Ft Home
- 3-Story Property
Kitchen
- Gas Oven
- Gas Cooktop
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 10 Bedrooms
- 6 Bathrooms
Additional Features
- Exterior Lighting
- Central Heating and Cooling System
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 4
- Assessor Parcel Number 5338035004
Community Details
Overview
- No Home Owners Association
- 5 Units
Building Details
- 5 Leased Units
- 6 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $508
- Gardener Expense $600
- Insurance Expense $3,256
- Trash Expense $1,384
- Water Sewer Expense $3,393
- New Taxes Expense $20,160
- Gross Income $6,900
- Net Operating Income $53,047
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/30/2013 08/30/13 | Sold | $1,680,000 | 0.0% | $296 / Sq Ft |
| 06/12/2013 06/12/13 | Pending | -- | -- | -- |
| 04/22/2013 04/22/13 | For Sale | $1,680,000 | -- | $296 / 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 | $25,575 | $2,059,437 | $823,773 | $1,235,664 |
| 2024 | $25,575 | $2,019,057 | $807,621 | $1,211,436 |
| 2023 | $25,309 | $1,979,469 | $791,786 | $1,187,683 |
| 2022 | $24,110 | $1,940,657 | $776,261 | $1,164,396 |
| 2021 | $23,854 | $1,902,606 | $761,041 | $1,141,565 |
| 2020 | $23,729 | $1,884,598 | $753,238 | $1,131,360 |
| 2019 | $23,025 | $1,847,675 | $738,469 | $1,109,206 |
| 2018 | $23,143 | $1,811,477 | $723,990 | $1,087,487 |
| 2016 | $21,250 | $1,739,696 | $695,878 | $1,043,818 |
| 2015 | $20,936 | $1,713,565 | $685,426 | $1,028,139 |
| 2014 | $20,670 | $1,680,000 | $672,000 | $1,008,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Cindy Tsai
C
Buyer's Agent in 2013
Cindy Tsai
Cal Land Realty
(626) 839-3688
13 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR13072461
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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