NOT LISTED FOR SALE

128 S Bushnell Ave Alhambra, CA 91801

Alhambra Area

Estimated Value: $1,388,000 - $1,519,595

8 Beds
4 Baths
3,308 Sq Ft
$440/Sq Ft Est. Value

Sale Details

Date Sold: October 4, 2024

Last sale price $1,450,000 $438 Per Sq Ft

Current estimated payment $9,252 / mo

70 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Tile Flooring
  • William Northrup Elementary School Rated A-
  • Cooling System Mounted To A Wall/Window
  • Level Lot

About This Home

As of October 2024

Centrally situated on a cul-de-sac in North Alhambra, this residential gem boasts four units, offering a convenient location near Costco and the Metro line. The two-story fourplex features 2 bedrooms and 1 bath with showers over tubs in each unit, along with front and rear entrances for added accessibility. Laminated floor coverings, wall and window air conditioners, and wall furnaces provide comfort and convenience for tenants. With long-term tenants already in place, there's potential for increased rental income, and the separate gas and electric meters offer added flexibility. The property also includes 4 carports and 2 parking spaces, ensuring ample parking for residents. Newer roof. New Electrical panels. Window air conditioners.

Last Agent to Sell the Property

Enrique Liza

COMPASS Brokerage Phone: 626-818-0980 License #00691382 Listed on: 05/16/2024

COMPASS

Last Buyer's Agent

Nabil Suleiman

Deasy Penner Podley License #02004196

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 5,415 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot
  • Irregular Lot
  • Sprinkler System

Home Design

  • Contemporary Architecture
  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 3,308 Sq Ft Home
  • 2-Story Property

Kitchen

  • Laminate Countertops
  • Formica Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Parking Available

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 10
  • Tax Tract Number 15597
  • Assessor Parcel Number 5343006010

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $660
  • Insurance Expense $2,532
  • Pest Control $600
  • Trash Expense $1,452
  • Water Sewer Expense $1,380
  • New Taxes Expense $20,000
  • Operating Expense $25,826
  • Gross Income $87,552
  • Net Operating Income $59,098

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

5,415 Sq Ft Lot

Listing Details

  • CapRate: 3.88
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 1380.00
  • Zoning: ALRPD*
  • Architectural Style: Contemporary
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 660.00
  • Parcel Number: 5343006010
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Formica Counters, Laminate Counters
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 438.33

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Pest Control Expense: 600.00
  • Sewer: Public Sewer
  • Trash Expense: 1452.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Irregular Lot, Level, Sprinkler System
  • Lot Size Sq Ft: 5415.00
  • Lot Size Acres: 0.1243

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 827 Square Feet
  • Gross Income: 87552.00
  • Gross Multiplier: 17.42
  • Gross Scheduled Income: 87552.00
  • Insurance Expense: 2532.00
  • Lot Size Area: 5415.0000 Square Feet
  • Net Operating Income: 59098.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 25826.00
  • Rent Control: Yes
  • Total Actual Rent: 7296.00
  • Total Expenses: 25826.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 20000.00
  • Tax Census Tract: 4809.01
  • Tax Lot: 10
  • Tax Tract Number: 15597

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2024
Sold by
Bought by
Current Estimated Value
$1,455,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$933,444
Interest Rate
0.0646%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2024
Sold by
Bought by

Purchase Details

Closed on
Mar 4, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
0.0553%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
0.0572%

Purchase Details

Closed on
Aug 3, 1999
Sold by
Bought by
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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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,450,000 Old Republic Title Company
-- None Listed On Document
-- Investors Title Co Glendale
-- Investors Title Co Glendale
-- North American Title Co
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $933,444
Previous Owner $332,000
Previous Owner $200,000
Previous Owner $140,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/04/2024 10/04/24 Sold $1,450,000 -4.9% $438 / Sq Ft
07/25/2024 07/25/24 Pending -- -- --
06/17/2024 06/17/24 Price Changed $1,525,000 -4.7% $461 / Sq Ft
05/16/2024 05/16/24 For Sale $1,600,000 -- $484 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $18,358 $1,450,000 $580,000 $870,000
2024 $4,094 $250,711 $86,389 $164,322
2023 $4,209 $245,796 $84,696 $161,100
2022 $4,056 $240,978 $83,036 $157,942
2021 $4,004 $236,254 $81,408 $154,846
2019 $3,892 $229,249 $78,995 $150,254
2018 $3,801 $224,755 $77,447 $147,308
2016 $3,521 $216,030 $74,441 $141,589
2015 $3,476 $212,786 $73,323 $139,463
2014 $3,462 $208,619 $71,887 $136,732
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PF24089694

California Regional Multiple Listing Service (CRMLS)

APN: 5343-006-010

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