NOT LISTED FOR SALE
55 Beds
58 Baths
44,055 Sq Ft
1.0 Acre Lot

Sale Details

Date Sold: March 30, 2018

Last sale price $10,350,000 $235 Per Sq Ft

8 Days on Market

About This Home

As of March 2018

The property located at 131 E. Live Oak in the City of San Gabriel is being offered for the first time in over 40 years. This extremely well located two story garden style complex was originally built in 1962 on a one acre parcel. The property is just one block east of Del Mar Ave., and just south of E. Las Tunas Drive. This San Gabriel Valley location is adjacent to the cities of Temple City, Alhambra and San Marino and close to Pasadena and Arcadia. The complex was built with extremely large units and range from 875 to 1,293 square feet. All of the units have individual electric hot water heaters. The property is an all electric, Gold Medallion, building with only one gas meter for the pool and laundry facilities. There are three washers and three dryers, which are owned by the building. Most of the units have wood burning fireplaces, except for the units in the rear of the property. Parking spaces consisting of tuck under, open spaces & carport spaces. There are also

Last Agent to Sell the Property

David Kaufman

David Ballin Kaufman License #01217537 Listed on: 01/23/2018

Last Buyer's Agent

David Kaufman

David Ballin Kaufman License #01217537 Listed on: 01/23/2018

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 43,460 Sq Ft Lot

Interior Spaces

  • 44,055 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 55 Bedrooms
  • 58 Bathrooms

Parking

  • 48 Parking Spaces
  • Carport
  • Uncovered Parking

Community Details

  • 32 Units

Listing and Financial Details

  • Assessor Parcel Number 5367-013-015

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

1.0 Acres

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 44055
  • Manager Expense: 12256.00
  • Stories: 2
  • Year Built: 1962
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 55
  • Total Bathrooms: 58.00
  • Price Per S Q F T: 233.80

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Carport, Uncovered
  • Total Parking: 48

Utilities

  • Electric Expense: 15000.00

Fee Information

  • Insurance Expense: 9629.00
  • Maintenance Expense: 35640.00
  • Management Expense: 22415.00
  • Other Expense: 3309.00
  • Trash Expense: 5400.00

Lot Info

  • Assessed Improvement Value: 1415423
  • Assessed Land Value: 296603
  • Assessor Parcel Number: 5367-013-015
  • Geocode Override: No
  • Lot Size Area: 43460

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
  • Gross Rent Multiplier: 18.38
  • Number Of Units: 32
  • Type Of Units: 1 & 2 bed

Tax Info

  • Tax Expense: 121540.00

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

Listed on
Jan 23, 2018
Closed on
Mar 22, 2018
Sold by
Bought by
Seller's Agent
David Kaufman
David Ballin Kaufman
Buyer's Agent
David Kaufman
David Ballin Kaufman
List Price
$10,300,000
Sold Price
$10,350,000
Premium/Discount to List
$50,000
0.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.38%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 4, 2013
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
$1,000,000
Interest Rate
3.6%
Mortgage Type
Commercial
Source: Public Records

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
$10,350,000 Commonwealth Land Title Comp
-- North American Title
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 $5,200,000
Previous Owner $250,000
Previous Owner $1,000,000
Previous Owner $1,225,000
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
08/08/2023 08/08/23 For Rent $1,850 0.0% --
07/26/2023 07/26/23 Price Changed $1,850 0.0% $2 / Sq Ft
07/24/2023 07/24/23 For Rent $1,850 0.0% --
03/30/2018 03/30/18 Sold $10,350,000 +0.5% $235 / Sq Ft
01/31/2018 01/31/18 Pending -- -- --
01/23/2018 01/23/18 For Sale $10,300,000 -- $234 / Sq Ft
Source: The MLS

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 $170,447 $11,776,530 $8,363,044 $3,413,486
2024 $162,254 $11,545,618 $8,199,063 $3,346,555
2023 $159,494 $11,319,235 $8,038,298 $3,280,937
2022 $152,799 $11,097,290 $7,880,685 $3,216,605
2021 $151,581 $10,879,697 $7,726,162 $3,153,535
2019 $145,017 $10,566,600 $7,497,000 $3,069,600
2018 $32,836 $1,755,866 $302,535 $1,453,331
2016 $30,874 $1,678,458 $290,788 $1,387,670
2015 $30,476 $1,653,247 $286,421 $1,366,826
2014 $30,406 $1,620,863 $280,811 $1,340,052
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-306318

The MLS
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