NOT LISTED FOR SALE

Estimated Value: $2,124,000 - $2,321,416

3 Beds
2 Baths
3,760 Sq Ft
$591/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $1,880,000 $500 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $14,402/month

21 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • McKinley Elementary School Rated A-
  • No HOA
  • Laundry Room

About This Home

As of May 2021

1320 Stevens Ave is a charming 6-unit apartment located in the extremely desirable City of San Gabriel, CA. The property is in a quiet and highly convenient location near Valley Blvd. This highly desirable location is nearby the Hilton hotel, Sheraton hotel, Hyatt Place, San Gabriel Square shopping center.

Last Agent to Sell the Property

Han Widjaja-Chen

GIG Real Estate Inc. License #01749321 Listed on: 02/24/2021

Last Buyer's Agent

Han Widjaja-Chen

GIG Real Estate Inc. License #01749321 Listed on: 02/24/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,188

Year Built

  • Built in 1961

Lot Details

  • 10,149 Sq Ft Lot
  • 1 Common Wall
  • West Facing Home
  • Rectangular Lot
  • Level Lot

Home Design

  • Apartment

Interior Spaces

  • 3,760 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • 6 Open Parking Spaces
  • 8 Parking Spaces
  • 2 Carport Spaces

Location

  • Property is near public transit

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 65
  • Tax Tract Number 5768
  • Assessor Parcel Number 5360012010

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 6 Units
  • Valley

Amenities

  • Laundry Facilities

Building Details

  • 6 Leased Units
  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,188

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Assessments: Yes
  • Other Phone Description: Office
  • Other Phone Number: 6265944901
  • Price Per Unit: 327500
  • Property Attached: Yes
  • Zoning: SLR3YY
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 5360012010
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Vinyl, Wood
  • Levels: Two
  • Price Per Square Foot: 500.00

Exterior Features

  • Direction Faces: West
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 2.00
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Community, Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Lot 10000-19999 Sqft, Rectangular Lot, Level, Near Public Transit
  • Lot Size Sq Ft: 10149.00
  • Lot Size Acres: 0.2330

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Lot Size Area: 10149.0000 Square Feet
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Number Wall A C: 6
  • Number With Disposal: 6
  • Number With Range: 6
  • Rent Control: Yes
  • Total Actual Rent: 8685.00

Tax Info

  • Tax Census Tract: 4814.01
  • Tax Lot: 65
  • Tax Tract Number: 5768

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2021
Closed on
May 3, 2021
Sold by
Chou Benjamin and Chou Emily
Bought by
All Etch Llc
Seller's Agent
Han Widjaja-Chen
GIG Real Estate Inc.
Buyer's Agent
Han Widjaja-Chen
GIG Real Estate Inc.
List Price
$1,965,000
Sold Price
$1,880,000
Premium/Discount to List
-$85,000
-4.33%
Current Estimated Value
$2,212,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332,105
Avg. Annual Appreciation
4.01%
Original Mortgage
$875,000
Outstanding Balance
$542,992
Interest Rate
3.1%
Mortgage Type
Construction
Estimated Equity
$1,679,716

Purchase Details

Listed on
Apr 1, 2016
Closed on
Apr 20, 2016
Sold by
Pssixth Llc
Bought by
Chou Benjamin and Chou Emily
Seller's Agent
Han Widjaja-Chen
GIG Real Estate Inc.
Buyer's Agent
Han Widjaja-Chen
GIG Real Estate Inc.
List Price
$1,550,000
Sold Price
$1,550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.93%
Original Mortgage
$670,000
Interest Rate
3.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 27, 2012
Sold by
Ng Won K and Ng Anna
Bought by
Pssixth Llc
Source: Public Records

Range of Values:

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Average Value
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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
All Etch Llc $1,880,000 North American Title Company
Chou Benjamin $1,561,000 Fatcola
Pssixth Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open All Etch Llc $875,000
Previous Owner Chou Benjamin $670,000
Previous Owner Ng Won K $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2021 05/14/21 Sold $1,880,000 -4.3% $500 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
02/24/2021 02/24/21 For Sale $1,965,000 +26.8% $523 / Sq Ft
05/11/2016 05/11/16 Sold $1,550,000 0.0% $412 / Sq Ft
04/06/2016 04/06/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $1,550,000 -- $412 / 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 $28,188 $2,034,969 $712,239 $1,322,730
2024 $28,188 $1,995,069 $698,274 $1,296,795
2023 $27,708 $1,955,951 $684,583 $1,271,368
2022 $26,581 $1,917,600 $671,160 $1,246,440
2021 $24,171 $1,707,178 $590,568 $1,116,610
2020 $23,825 $1,689,954 $584,513 $1,105,441
2019 $23,141 $1,656,824 $573,052 $1,083,772
2018 $22,941 $1,624,344 $561,816 $1,062,528
2016 $3,543 $137,821 $46,269 $91,552
2015 $3,500 $135,751 $45,574 $90,177
2014 $3,511 $133,093 $44,682 $88,411
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR21032325

California Regional Multiple Listing Service (CRMLS)

APN: 5360-012-010